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New Owners to Complete Markovo Tepe Shopping Mall
October 03, 2011, 10:02, (Property Xpress) - A group of international investors will complete the bankrupt Markovo Tepe Mall in Plovdiv, Bulgaria. "We have ...   read more
PIK Group to Repay RUB 16 Bln to Creditors by June 30, 2012
October 03, 2011, 9:01, (Property Xpress) - Russian property developer PIK Group, which has to repay RUB 16 bln to creditors until June 30, 2012, has ...   read more
Ukrainian Premier Palace Hotel Borrows USD 42 mln
October 03, 2011, 8:59, (Property Xpress) - Kiev-registered Premier Palace has obtained a USD 42 mln five-year loan from Cyprus-based Folkdale Trading ...   read more
AFI Development Consolidates 100 Pct Stake in AFIMall City
October 03, 2011, 8:01, (Property Xpress) - AFI Development, the Russian real estate arm of Africa-Israel Investments, has completed a deal to acquire the ...   read more
EUR 10 mln to Finance Aqua Park Construction in Romania
October 03, 2011, 7:59, (Property Xpress) - A Romanian municipality has signed a contract to receive funding for construction of an aqua park. Last week, ...   read more
Zarah Iliev and God Nisanov to Build Huge Moscow Mall
October 03, 2011, 7:02, (Property Xpress) - Entrepreneurs Zarah Iliev and God Nisanov plan to restore the pavilions and fountains of the Vserossiyskiy ...   read more
Upscale Hotel to Replace Blue Horizon Property in Montenegro
October 03, 2011, 6:57, (Property Xpress) - Plavi Horizontiii (Blue Horizon) hotel complex on the Montenegrin Adriatic coast, previously managed by Morsko ...   read more
Hotel to Replace Substation Building in St. Petersburg
September 30, 2011, 14:17, (Property Xpress) - A three-story substation building on 12, Krestovsky Prospect in St. Petersburg, built in 1959, will be ...   read more
EMCT Romania Plans New Projects
September 30, 2011, 14:01, (Property Xpress) - Euro Mediterranee Consulting (EMCT) Romania, developer of the Bucharest Sun Plaza shopping center, said it is ...   read more
Monterra to Resume Astra Montenegro Construction
September 30, 2011, 13:44, (Property Xpress) - Construction company Monterra will resume development of Astra Montenegro project at Zavala Cape in Montenegro ...   read more
Italian Firm to Build Shopping Center in Russia
September 30, 2011, 12:54, (Property Xpress) - An Italian company has signed a preliminary agreement to build a large shopping center in the historic center ...   read more
Slovenian Group Adopts Restructuring Strategy, to Divest Assets
September 30, 2011, 12:44, (Property Xpress) - A Slovenian holding group has undertaken a three-year restructuring drive, aimed at creating a more efficient ...   read more
Fond RGS Sells Land for Plant Construction
September 30, 2011, 11:29, (Property Xpress) - Russia’s federal fund to promote housing construction (Fond RGS) has sold at auction two plots of land in ...   read more
Update: Sofia Technology Park Project Secures Finance
September 30, 2011, 11:08, (Property Xpress) - The Bulgarian government will receive a EUR 50 mln grant from the OP Competitiveness to finance construction ...   read more
French Bakery Chain to Debut in Russia
September 30, 2011, 10:30, (Property Xpress) - A French-based international bakery chain has entered into a master franchise agreement with Moscow-based ...   read more
Water Park Construction to Start in Croatia
September 30, 2011, 9:50, (Property Xpress) - Construction of a water amusement park will begin on a 120,000 sq. m site in the Podi-zapad (Podi-West) ...   read more
Fond RGS Sells Syktyvkar Land for RUB 42 Mln
September 30, 2011, 9:23, (Property Xpress) - Russia’s federal fund to promote housing construction (Fond RGS) held a public sale on September 29 to sell ...   read more
Premier International to Manage Kharkov Hotel
September 30, 2011, 9:03, (Property Xpress) - Ukrainian Kharkov-based DCH Group, the main investor and coordinator of the city preparation for Euro-2012, ...   read more
Russian Firm to Build Pharmaceutical Plant
September 30, 2011, 7:30, (Property Xpress) - A Russian pharmaceutical company will build its own manufacturing facility on a 4.9 ha site in the Neudorf ...   read more
Bulgarian Company to Invest in Winery, Spa Hotel
September 30, 2011, 7:26, (Property Xpress) - A Bulgaria-based company, controlled by a Russian businessman, will build a winery, with an annual capacity ...   read more
German Firm Wins Ukraine Consultancy Contract
September 29, 2011, 15:18, (Property Xpress) - A German company has won a contract to provide advisory services related to the future public-private ...   read more
Russian Housing Developments Attract USD 20 mln Investment
September 29, 2011, 14:30, (Property Xpress) - A USD 20 mln equity investment has been attracted to finance land acquisition, infrastructure and other ...   read more
Bulgarian Ministry of Defense to Auction 19 Properties
September 29, 2011, 13:45, (Property Xpress) - The Bulgarian Ministry of Defense will auction 19 properties, including warehouses, barracks, polygons, and ...   read more
Construction of High-Rise Building Allowed in Perm
September 29, 2011, 13:02, (Property Xpress) - A Perm-based developer has proved in court his right to build a 23-story skyscraper in the center of the city. ...   read more
Burger King to Enter Ukraine
September 29, 2011, 12:51, (Property Xpress) - One of the world’s largest fast-food chains, Burger King, is heading for Ukraine. The company has registered ...   read more



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