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Yekaterinburg Approves Draft Plans for Large-Scale Development
September 24, 2013, 12:20, (Property Xpress) - Yekaterinburg city authorities have approved draft plans for a building project that will transform a large ...   read more
Update: Real Estate Investment Firm to Acquire CEE Portfolio
September 24, 2013, 11:28, (Property Xpress) - A Netherlands-registered investment and property management firm has revived plans to raise finance to acquire ...   read more
Land for 40,000 sq. m Housing Project Sold in St. Petersburg
September 24, 2013, 10:48, (Property Xpress) - One of L1’s two sites in Pargolovo was sold last week, prior to the October 10 auction organized by the ...   read more
Sofia Office Project Obtains Building Permit
September 24, 2013, 10:10, (Property Xpress) - A 6,000 sq. m five-story office project has received a building permit in the Bulgarian capital. The property, ...   read more
Fond RGS Sells Moscow Suburban Site for RUB 28 mln
September 24, 2013, 9:40, (Property Xpress) - Russia’s federal fund to promote housing construction (Fond RGS) has held an auction to sell real estate ...   read more
Ukrainian Businessman Plans Apart-Hotel Project
September 24, 2013, 9:25, (Property Xpress) - A Ukrainian businessman intends to begin new construction in the prestigious 10th station of Bolshoy Fountain ...   read more
Lipetsk Shopping Scheme to undergo Expansion
September 24, 2013, 8:59, (Property Xpress) - Lipetsk Building Materials Plant plans to develop the second stage of its ‘Europe’ shopping and ...   read more
Bank of Cyprus Buys Stake in JW Marriott Bucharest Grand Hotel
September 24, 2013, 8:44, (Property Xpress) - Cyprus-registered Unknown Properties Limited, represented by Georgios Christoforou, former CEO of Bank of ...   read more
Developer Raises Finance for Mixed-use Kiev Project
September 23, 2013, 16:52, (Property Xpress) - A Kiev-based real estate developer controlled by foreign capital has raised UAH 16 mln (USD 2.0 mln) to carry ...   read more
EBRD Supports EUR 500 mln Investment Program in Russia
September 23, 2013, 16:04, (Property Xpress) - The European Bank for Reconstruction and Development (EBRD) has agreed to provide an equity investment of USD ...   read more
Kesko Opens Third St. Petersburg Grocery Hypermarket
September 23, 2013, 15:09, (Property Xpress) - Finland’s Kesko opened its third grocery store in St. Petersburg on September 20. In addition to the three ...   read more
Vibac Group to Start Serbian Plant Project
September 23, 2013, 14:11, (Property Xpress) - Italian polypropylene materials producer Vibac Group will invest EUR 60 mln in establishing a factory in the ...   read more
Lenstroytrest to Build Housing in Leningrad Region
September 23, 2013, 13:45, (Property Xpress) - Russian developer Lenstroytrest will invest RUB 8.2 bln to develop a residential area in the St. Petersburg ...   read more
Recycling Firm to Invest in Ukraine
September 23, 2013, 12:58, (Property Xpress) - A European company wants to build a recycling plant in Ukraine. The project was discussed at a September 20 ...   read more
Koltsovo-Invest Eyes New Airport Project in Russia
September 23, 2013, 12:35, (Property Xpress) - Koltsovo-Invest, owned by Viktor Vekselberg’s Renova Group, is expanding its airport business. The company ...   read more
Anchor Group to Renovate Two Bucharest Shopping Malls
September 23, 2013, 12:20, (Property Xpress) - Renovation of the Bucuresti (Bucharest) Mall in Vitan and Plaza Romania in Drumul Taberei will begin in spring ...   read more
RailTransHolding and Navigator Acquire Space at Nagatino i-Land
September 23, 2013, 11:54, (Property Xpress) - RailTransHolding and Navigator companies have acquired office space with a total area of 4,051 sq. m in ...   read more
As Hotel to Undergo EUR 15 mln Renovation in Montenegro
September 23, 2013, 11:41, (Property Xpress) - The owner of As Hotel in Montenegro is ready to spend EUR 15 mln to re-open the property as a five star ...   read more
Finnish Contractor to Build Sports Complex in Russia
September 23, 2013, 11:02, (Property Xpress) - The St. Petersburg branch of a Finland’s construction company will build a sports complex on a 10 ha site in ...   read more
Bulgarian Developer Acquires 8,000 Sq. m Site in Plovdiv
September 23, 2013, 10:29, (Property Xpress) - A Bulgarian real estate company has purchased an 8,000 sq. m land plot in the city of Plovdiv for an ...   read more
Seventh Continent Retail Chain to Change Owners
September 23, 2013, 9:35, (Property Xpress) - Russian businessman Alexander Zanadvorov is ready to sell ‘The Seventh Continent’ retail chain, a manager ...   read more
Gheorghe Iaciu Launches Takeover Bid for Impact
September 23, 2013, 9:06, (Property Xpress) - Romanian businessman Gheorghe Iaciu, holding a 38.05 pct stake in Impact Developer & Contractor (IMP), has ...   read more
General Motors to Open Distribution Center in Moscow Suburbs
September 23, 2013, 8:15, (Property Xpress) - Automotive company General Motors has signed a lease agreement to open a distribution center in ‘South ...   read more
Bourgas Shipyards Sold for EUR 120 mln
September 23, 2013, 7:56, (Property Xpress) - An unnamed Turkish investor has bought Bourgas Shipyards JSC, operating a shipbuilding and maintenance ...   read more
Two Design Firms to Compete for Yuzhny Airport Project
September 20, 2013, 12:52, (Property Xpress) - Asadov Architectural Studio (Moscow) and Twelve architects & masterplanners (London) have been shortlisted to ...   read more



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