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ELEM to Move to New Headquarters Building in 2014
October 22, 2012, 12:39, (Property Xpress) - Macedonian electricity production company Elektrani na Makedonija (ELEM) will move into a new building ...   read more
Moscow Lends RUB 1.5 bln to Developer
October 22, 2012, 12:05, (Property Xpress) - The Moscow Bank of Sberbank of Russia has opened a RUB 1.5 bln non-revolving credit line to development ...   read more
Valamar to Invest HRK 170 mln in 2013
October 22, 2012, 11:42, (Property Xpress) - Valamar Adria Holding, one of the leading tourism groups in Croatia, has nearly doubled its total net ...   read more
Contractor Sought for Moscow Business Park Project
October 22, 2012, 11:02, (Property Xpress) - A general contractor tender to select a company to build an A-class office complex in the Moscow suburbs will ...   read more
Hotel Chain to Add New Serbian Property to Global Portfolio
October 22, 2012, 10:40, (Property Xpress) - Official negotiations between hotel operators and developers in connection with construction of a new hotel ...   read more
Svet Zvezd to Build Office/Hotel Complex in Krasnodar
October 22, 2012, 8:48, (Property Xpress) - Russian company Svet Zvezd is planning to spend RUB 3.6 bln to build a business center near Chistyakovskaya ...   read more
Ioannis Papalekas Acquires Bucharest Site
October 22, 2012, 8:30, (Property Xpress) - Greek businessman Ioannis Papalekas, who last year bought City Mall and Tower Center properties in Bucharest, ...   read more
Inditex to Continue Russian Expansion
October 22, 2012, 7:53, (Property Xpress) - Spanish Inditex plans to continue its aggressive expansion in Russia, communications director Jesus Echevarria ...   read more
Kuwait to Grant EUR 25 mln Loan to Serbia for Infrastructure Project
October 22, 2012, 7:22, (Property Xpress) - The Kuwait Fund for Arab Economic Development (KFAED) will grant a EUR 25 mln loan to Serbia for construction ...   read more
ECDC Provides Updates on Projects in Bulgaria, Romania
October 19, 2012, 12:55, (Property Xpress) - European Convergence Development Company (ECDC), managed by Charlemagne Capital, has provided updates on its ...   read more
Sberbank Lends RUB 650 mln to Developer
October 19, 2012, 12:39, (Property Xpress) - The Srednerussky Bank of Sberbank of Russia has opened a RUB 650 mln 10-year credit line to Passage management ...   read more
Mercator Sets New Strategy to Boost Profits
October 19, 2012, 12:24, (Property Xpress) - The Supervisory Board of Mercator Group at its yesterday’s meeting endorsed a new strategy until 2016, drawn ...   read more
Marriott Set to Double Russia and CIS Portfolio by 2015
October 19, 2012, 11:46, (Property Xpress) - Marriott International is on track to double its European portfolio, from 40,000 to 80,000 rooms by 2015, the ...   read more
RomReal May Face Loan Default
October 19, 2012, 11:32, (Property Xpress) - Real estate developer RomReal, which owns about 130 ha of land in several Romanian areas, has difficulty to ...   read more
Central Properties and Alto Assets Acquire Moscow Shopping Mall Project
October 19, 2012, 10:55, (Property Xpress) - Central Properties and Alto Assets have bought the 126,000 sq. m Vesna! shopping center project in the north ...   read more
Reikartz to Open Three Star Vinnitsa Hotel
October 19, 2012, 10:30, (Property Xpress) - Kiev-based Reikartz Hotel Management, managing three hotel chains in Ukraine, plans to open a three-star ...   read more
Moscow Extends Term for 300,000 Sq. m Residential Compound
October 19, 2012, 9:01, (Property Xpress) - The Urban Land Commission of the Government of Moscow has extended the implementation term of contracts ...   read more
30,000 Sq. m Bucharest Shopping Area to Open in 2013
October 19, 2012, 8:46, (Property Xpress) - Renovation of the last Circ al foamei (Hunger Circus) building in Bucharest, behind Unirea Shopping Center, is ...   read more
Moscow Extends Term for 116,000 Sq. m Residential Project
October 19, 2012, 8:25, (Property Xpress) - The Urban Land Commission of the Government of Moscow has extended the implementation term of investment ...   read more
DM Drogerie Markt Continues Croatian Expansion
October 19, 2012, 8:17, (Property Xpress) - DM Drogerie Markt, an Austria-based leading drug store chain, is planning to invest HRK 55 mln to open new ...   read more
EUR 20 mln to Develop Park Hotel Project near Korkinsky Lake
October 18, 2012, 15:26, (Property Xpress) - A park hotel with sports, entertainment and conference facilities will be developed on the Korkinsky Lake ...   read more
Lidl Pays RSD 27 mln to Buy Land for Serbia Store
October 18, 2012, 14:48, (Property Xpress) - German supermarket chain Lidl yesterday paid RSD 27 mln (EUR 237,000) for a 1.0 ha land plot at Vizantijski ...   read more
Five Star Hotel Project Appoints Contractor
October 18, 2012, 14:19, (Property Xpress) - A general contractor has been appointed to construct a five star accommodation facility in the Russian ...   read more
RUB 4.5 Bln Construction Contract Awarded in Russia
October 18, 2012, 13:58, (Property Xpress) - The local subsidiary of a Hungarian construction company has been awarded a contract to build a multi-purpose ...   read more
Bulgaria to Receive EUR 110 mln Grant for Metro Line Extension
October 18, 2012, 12:59, (Property Xpress) - Bulgaria may receive a BGN 215 mln (EUR 110 mln) grant from the European Union to build metro extensions to ...   read more



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