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AFI Development Acquires Stake in AFIMall Parking
December 16, 2011, 9:08, (Property Xpress) - AFI Development, the Russian real estate arm of Africa-Israel Investments, today announced its subsidiary ...   read more
Update: Investor Sells Romanian Assets at Substantial Loss
December 16, 2011, 8:50, (Property Xpress) - An investment company focused on retail properties in Central and Eastern Europe has sold a shopping center ...   read more
Cottage Village Construction to Start in Mid-December
December 15, 2011, 16:21, (Property Xpress) - An agreement on a joint investment in construction of a low-rise village on the shores of Mozhaisky reservoir ...   read more
Kiev Designates the Press of Ukraine Site for Mixed-use Facility
December 15, 2011, 15:40, (Property Xpress) - At its regular session today, Kiev City Council decided to build a mixed-used residential, office, retail and ...   read more
LSR Group to Start Integrated Housing Project
December 15, 2011, 15:18, (Property Xpress) - Russian developer LSR Group will start construction of an integrated housing project on the site of the former ...   read more
XXI Century to Start Kiev Shopping Mall Development
December 15, 2011, 14:44, (Property Xpress) - Development company XXI Century is planning to start a 95,000 sq. m shopping and entertainment center project ...   read more
International Developer to Enter New Russian Region
December 15, 2011, 13:56, (Property Xpress) - An international residential property developer has unveiled plans to enter the construction market of the ...   read more
KFC Opens First Restaurant in Croatia
December 15, 2011, 13:38, (Property Xpress) - Fast food chain Kentucky Fried Chicken (KFC) has launched its first restaurant in Croatia, in Zagreb-based ...   read more
US Corporation to Establish Customer Service Center in Belgrade
December 15, 2011, 13:17, (Property Xpress) - A U.S.-based corporation will open a service center in the Serbian capital dedicated to customers in Europe, ...   read more
RMB-Invest to Commission St. Petersburg Housing Estate
December 15, 2011, 12:52, (Property Xpress) - Moscow-registered RMB-Invest intends to commission a residential complex in St. Petersburg’s ...   read more
Dutch Firm to Build Industrial Facility in Romania
December 15, 2011, 12:21, (Property Xpress) - A Netherlands-based company will start building a production facility in Romania next year, whose investment ...   read more
Magnit Raises USD 475 mln in SPO
December 15, 2011, 11:35, (Property Xpress) - Krasnodar-based Magnit retail chain has raised USD 475 mln in a SPO. About USD 125 mln has been brought by the ...   read more
Retail Center Project Resolves Legal Issues in Macedonia
December 15, 2011, 11:10, (Property Xpress) - Legal and technical issues on land with an area of about 28,000 sq. m in Skopje’s Karpos municipality have ...   read more
Hals-Development to Take Over Leto Shopping Mall
December 15, 2011, 10:16, (Property Xpress) - The joint business of Hals-Development and French Apsys Group to build shopping centers in Russia may fail. ...   read more
Investor Interest to Provoke Land Auction in Romania
December 15, 2011, 9:53, (Property Xpress) - A Romanian municipality intends to hold an auction to sell land lease rights over an area designated for ...   read more
Sberbank Acquires Land for Cash Processing Center
December 15, 2011, 9:20, (Property Xpress) - Russia’s largest lender, Sberbank, has acquired land for construction of an interregional cash processing ...   read more
Kiev Downtown Hotel to Join International Chain
December 15, 2011, 8:51, (Property Xpress) - A Ukrainian development group is negotiating to attract an international operator to manage a hotel property, ...   read more
Developer to Spend RUB 2.0 bln on Residential Construction
December 14, 2011, 16:15, (Property Xpress) - A Russian real estate development group will spend over RUB 2.0 bln on building a residential quarter, under ...   read more
Manola Management Acquires Villa Montenegro
December 14, 2011, 16:00, (Property Xpress) - Manola Management, an offshore company registered in Tortola, the largest of the British Virgin Islands, has ...   read more
Construction of 90,000 sq. m Housing Project to Start in Russia
December 14, 2011, 15:29, (Property Xpress) - Construction work on a 90,000 sq. m residential neighborhood is scheduled to start next year. "The ...   read more
H&M to Open Largest Bulgarian Store in Serdika Center
December 14, 2011, 15:12, (Property Xpress) - Swedish fashion retailer H&M (Hennes&Mauritz) has announced plans to open a store in Sofia’s Serdika Center ...   read more
St. Petersburg Sells Land for Housing Project
December 14, 2011, 14:00, (Property Xpress) - The Property Fund of St. Petersburg has sold at auction lease rights over a 15,150 sq. m land plot at 6, ...   read more
Kharkov Palace Opens in Ukraine
December 14, 2011, 13:53, (Property Xpress) - The five star Kharkov Palace Hotel was officially opened today, following a USD 126 mln investment. The ...   read more
Construction of A-class Logistics Center Planned for Russia
December 14, 2011, 13:37, (Property Xpress) - A Russian wholesale and retail operator is planning to build an A-class logistics facility, with a total area ...   read more
Qatari Diar Said to Eye Romanian Market
December 14, 2011, 13:19, (Property Xpress) - Qatari Diar, the real estate investment arm of the Qatar Investment Authority, controlled by the government of ...   read more



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