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Kyiv Economic Court Rules in Favor of Fresco Sofia Project
March 13, 2012, 13:19, (Property Xpress) - The controversial construction of a mixed-use complex near the St. Sophia Cathedral in Kiev will resume. The ...   read more
Mosagro to Start Affordable Housing Project
March 13, 2012, 12:44, (Property Xpress) - Moskovsky agro-industrial complex (Mosagro), one of Russia’s largest greenhouses, in partnership with ...   read more
Two-Story Retail Center Planned for Central Bucharest
March 13, 2012, 12:07, (Property Xpress) - Romanian businessmen intend to build a two-story shopping center on a 3,370 sq. m site in the historic center ...   read more
166,000 Sq. m Mixed-use Center Planned for Moscow
March 13, 2012, 11:36, (Property Xpress) - A new multi-functional complex will be developed in the northwest part of the Russian capital, between ...   read more
Albanian Developer Signs EUR 13 mln Concession Agreement
March 13, 2012, 11:02, (Property Xpress) - An Albanian real estate development company has signed a EUR 13 mln concession contract on building an ...   read more
Raven Russia Doubles 2011 Net Profit
March 13, 2012, 10:15, (Property Xpress) - Raven Russia, operating in the Russian real estate market with a focus on the warehouse sector, more than ...   read more
Construction Term Extended for Hotel Development in Ukraine
March 13, 2012, 9:49, (Property Xpress) - The construction term for a four- five-star hotel project has been extended in Ukraine. According to a ...   read more
Update: Five Star Hotel Construction Starts in Russia
March 13, 2012, 9:22, (Property Xpress) - Site preparation work is under way for a five-star hotel complex scheduled to be operated under the Sheraton ...   read more
Retail Group Launches Convenience Store Chain
March 13, 2012, 8:50, (Property Xpress) - Ukraine’s Retail Group, operating Velyka Kyshenya supermarket and hypermarket chain and Velmart discount ...   read more
NM Construct Files Claims against BelRom Subsidiaries
March 12, 2012, 16:29, (Property Xpress) - Timisoara-based construction company NM Construct has filed insolvency claims against two subsidiaries of ...   read more
Moscow Boutique Store Building up for Sale
March 12, 2012, 15:51, (Property Xpress) - The building of a boutique store in downtown Moscow has been exposed for sale for approximately USD 67-70 mln. ...   read more
Update: Italian Company to Invest in Serbia
March 12, 2012, 15:10, (Property Xpress) - An Italian company will spend EUR 9.0 mln to build a factory in Serbia, which will employ 500 workers. ...   read more
Etalon Group Acquires Land for Two St. Petersburg Developments
March 12, 2012, 14:10, (Property Xpress) - Etalon Group, which includes one of the largest developers in St. Petersburg, LenSpecSMU, has expanded its ...   read more
Magna to Build Serbian Factory
March 12, 2012, 13:47, (Property Xpress) - Canadian Magna, one of the three biggest automotive companies in the world, will soon begin construction of a ...   read more
Renova StroyGroup to Purchase Land in St. Petersburg
March 12, 2012, 13:15, (Property Xpress) - Renova StroyGroup is nearing a deal to purchase land on Vasilyevsky Island for its first development project ...   read more
Cronos Group Wins UAH 95 mln Contract
March 12, 2012, 12:55, (Property Xpress) - On March 1, Naftogaz’s subsidiary Ukrtransgaz signed a UAH 95.3 mln contract with OOO Cronos Group to ...   read more
Update: Domodedovo Airport Borrows EUR 165 mln
March 12, 2012, 12:34, (Property Xpress) - Russia’s largest airport, Domodedovo, has attracted a five-year EUR 165 mln syndicated loan for general ...   read more
KiK to Roll out 20 Croatian Stores in 2012
March 12, 2012, 12:18, (Property Xpress) - German textile retailer KiK, which has opened 20 stores in Croatia since September, has the goal of opening 20 ...   read more
St. Petersburg Developer Starts Office Center Project
March 12, 2012, 11:16, (Property Xpress) - A St. Petersburg-company has started construction of an 11-story business center in the city. The project ...   read more
EUR 7.0 mln Loan to Finance Hotel Renovation in Serbia
March 12, 2012, 10:58, (Property Xpress) - A hotel owner intends to decide on borrowing EUR 7.1 mln to complete renovation of its Serbian hotel on April ...   read more
Sberbank Capital Sells Non-Core Assets in Moscow-City
March 12, 2012, 10:24, (Property Xpress) - Sberbank Capital, the private equity arm of Sberbank specializing in investments in distressed real estate ...   read more
Milan Popovic Acquires Vila Breg Hotel in Vrsac
March 12, 2012, 9:50, (Property Xpress) - Serbian businessman Milan Popovic has signed an agreement to purchase the five star Vila Breg Hotel on Vrsac ...   read more
Hines Global Withdraws from Moscow Logistics Acquisition Deal
March 12, 2012, 9:14, (Property Xpress) - Hines Global REIT will not acquire 393,000 sq. m of logistics space in the Moscow suburban town of Chekhov, ...   read more
Five Star Hotel Goes to Sale in Bulgaria
March 12, 2012, 8:46, (Property Xpress) - A five star hotel property in Bulgaria is expected to be sold later this year after its owner went into ...   read more
VTB Structures to Complete Moscow Developments
March 12, 2012, 8:18, (Property Xpress) - Russia’s state-owned VTB Bank has determined what to do with the development projects that have moved to its ...   read more



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