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Megion to Redevelop Former Industrial Area into Offices
May 02, 2012, 11:14, (Property Xpress) - Megion group of companies, controlled by Boris Nesterov, has begun transforming the industrial site of the ...   read more
US Auto Parts Supplier to Establish Serbian Manufacturing Site
May 02, 2012, 10:34, (Property Xpress) - A U.S.-based supplier of systems and components for the automotive industry has unveiled plans to establish a ...   read more
St. Petersburg Approves High-End Residential Project by Ricardo Bofill
May 02, 2012, 9:46, (Property Xpress) - St. Petersburg Town Planning Board on Friday reviewed a project foreseeing development of a 45,000 sq. m ...   read more
Hercesa to Open Bucharest Apart-Hotel in Autumn
May 02, 2012, 9:12, (Property Xpress) - Spanish real estate developer Hercesa plans to officially launch its Cismigiu Hotel in downtown Bucharest in ...   read more
St. Petersburg Group Plans Pre-IPO Business Push
May 02, 2012, 8:15, (Property Xpress) - A St. Petersburg-based company intends to invest USD 160-170 mln by the end of year to purchase existing ...   read more
O1 Properties Sets IPO Price Range
May 02, 2012, 7:07, (Property Xpress) - Moscow-based property investor and developer O1 Properties has set the price range for its London initial ...   read more
Developer to Resume Luxury Resort Project in Montenegro
May 02, 2012, 7:05, (Property Xpress) - A Russian investment group is keeping plans to develop a luxury resort project in Montenegro. "Our company was ...   read more
PIK Group Reports RUB 4.8 Bln Net Profit for 2011
April 30, 2012, 14:51, (Property Xpress) - Russia’s residential property developer PIK Group, controlled by billionaire Suleiman Kerimov, posted a net ...   read more
Three Shopping Centers Planned for Dubrovnik, Croatia
April 30, 2012, 14:10, (Property Xpress) - Three shopping center projects, of about 30,000 sq. m each, are being prepared for Dubrovnik, a city with a ...   read more
New Shopping Center Project Announced in Russia
April 30, 2012, 12:52, (Property Xpress) - A multi-functional shopping center project, estimated at a cost of RUB 1.2 bln, was discussed and approved at ...   read more
Ukrainian Developer Kovcheg Switches to Profit in 2011
April 30, 2012, 12:31, (Property Xpress) - Ukrainian company OOO Kovcheg, dealing with leasing of Mandarin Plaza retail and office center in Kiev, ...   read more
USD 4.0 bln Investment Fund Planned for Russia
April 30, 2012, 12:07, (Property Xpress) - A USD 4.0 bln investment fund will be established in Russia by the end of June. This was announced by First ...   read more
International Hotel Operator to Enter Albania
April 30, 2012, 11:23, (Property Xpress) - Albania’s Premier Sali Berisha has held a meeting with Arne Sorenson, president and CEO of Marriott ...   read more
Starwood Hotels & Resorts Signs New Deal in Russia
April 30, 2012, 11:01, (Property Xpress) - International hospitality chain Starwood Hotels & Resorts will open its first Russian accommodation unit under ...   read more
Update: Calzedonia to Invest EUR 20 mln in Serbian Factory
April 30, 2012, 10:32, (Property Xpress) - Italia’s Calzedonia has entered into an agreement with the Serbian City of Subotica to receive 8.5 ha of ...   read more
Developer to Receive Land for Shopping Mall
April 30, 2012, 10:12, (Property Xpress) - A Russian real estate developer has won a land dispute, allowing it to receive an attractive site in the city ...   read more
Real Estate Player Provides Updates on Ukrainian Projects
April 30, 2012, 9:34, (Property Xpress) - A Ukrainian real estate investment and development company has provided updates on its major holdings and ...   read more
Update: IKEA Group to Establish Bank in Russia
April 30, 2012, 8:43, (Property Xpress) - IKEA Group of companies is planning to establish its own bank in Russia. According to a statement by the ...   read more
Marriott to Add New Property to Romanian Portfolio
April 30, 2012, 8:02, (Property Xpress) - International hospitality group Marriott has entered into an agreement to open its first Courtyard by Marriott ...   read more
Investment Firm to Acquire Moscow Logistics Asset for USD 215 mln
April 30, 2012, 7:24, (Property Xpress) - A property company focusing on investments in Russian assets has entered into an agreement to purchase an ...   read more
Promsvyaznedvizhimost Sells Stake in Regional Shopping Mall
April 27, 2012, 13:24, (Property Xpress) - Promsvyaznedvizhimost group of companies has sold its 50 pct stake in one of the largest shopping and ...   read more
Slovenian Firm to Develop Housing Compound in Split
April 27, 2012, 12:59, (Property Xpress) - Slovenian Druzba za Nekretnine will develop a housing compound, including 132 apartments in nine residential ...   read more
Finnish Firm to Build St. Petersburg Clinic
April 27, 2012, 12:41, (Property Xpress) - A Finnish company will develop a medical clinic in the Primorsky region of St. Petersburg. The Russian ...   read more
Bulgarian Government to Privatize Bankya Residence
April 27, 2012, 12:21, (Property Xpress) - The Regional Governor of Sofia, Daniel Kirilov, is preparing a proposal for the sale of the former Bankya ...   read more
Hals-Development Unveils Mid-Term Plans
April 27, 2012, 11:59, (Property Xpress) - Hals-Development is considering acquiring three major projects (retail, housing and office centers) in Moscow, ...   read more



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