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Croatian Hotel Company to Borrow EUR 25 mln
May 16, 2013, 15:18, (Property Xpress) - A Croatian hotel investment and management company is expected to borrow EUR 25 mln to upgrade its facilities ...   read more
AFI Palace Cotroceni Q1 Revenues up 10 Pct YoY
May 16, 2013, 14:18, (Property Xpress) - AFI Palace Cotroceni, the largest and most profitable asset of AFI Europe, recorded a 10 pct increase in net ...   read more
Renaissance Development to Build St. Petersburg Office Center
May 16, 2013, 13:44, (Property Xpress) - Renaissance Development plans to build an A-class business center at the corner of Pryazhka Embankment and ...   read more
HTP Onogost Assets Go to Sale
May 16, 2013, 13:17, (Property Xpress) - Assets of the bankrupt HTP Onogost company will again be put for sale. In particular, the 8,500 sq. m Onogost ...   read more
Novoyasenevsky Shopping Center to Open in 2014
May 16, 2013, 12:58, (Property Xpress) - A shopping and entertainment center, under the Novoyasenevsky name, will open in the first quarter of 2014 in ...   read more
Plodine Raises Capital to HRK 130 mln
May 16, 2013, 12:34, (Property Xpress) - Croatian retail chain Plodine, which generated a net profit of HRK 39.9 mln last year, has increased its share ...   read more
Rovio to Open Theme Park in Russia
May 16, 2013, 12:18, (Property Xpress) - Finland’s Rovio, the maker of the popular Angry Birds game, has entered into an agreement to implement a ...   read more
NEPI Reports Net Profit of EUR 11 mln in Q1’2013
May 16, 2013, 11:51, (Property Xpress) - South African investment fund New Europe Property Investments (NEPI) recorded a EUR 11.2 mln profit ...   read more
New Industrial Park Planned in Russia
May 16, 2013, 11:26, (Property Xpress) - Russian businessman Yury Kozhemyakin, former owner of a chain of gas stations, plans to build an industrial ...   read more
Crown Plaza Belgrade Hotel to Open by End’2013
May 16, 2013, 11:04, (Property Xpress) - The main part of work on the exterior of the former Continental Hotel in Belgrade, whose reconstruction ...   read more
IMAX to Accelerate Russia Expansion
May 16, 2013, 10:49, (Property Xpress) - IMAX format films collected USD 40 mln in Russia last year, John Schreiner, Vice President of IMAX Business ...   read more
Update: Bulgarian Banking Institution to Build Cash Center
May 16, 2013, 10:28, (Property Xpress) - A Bulgarian banking institution will receive nearly 0.7 ha of land as a donation, where it will build a new ...   read more
McDonald’s Terminates Franchise Agreement in Macedonia
May 16, 2013, 8:59, (Property Xpress) - McDonald’s Europe has terminated a franchise agreement with Macedonian company SJ Company, owned by Sveto ...   read more
X5 Retail Group to Borrow USD 1.0 Bln
May 16, 2013, 8:44, (Property Xpress) - X5 Retail Group, managing Pyaterochka, Karusel and Perekrestok retail chains, is preparing to take a USD 1.0 ...   read more
Immochan Romania to Team up with Partner for Affordable Housing Project
May 16, 2013, 8:03, (Property Xpress) - Immochan Romania wants to develop residential real estate as part of its Coresi project in Brasov, in ...   read more
Immofinanz Sees Good Prospects in Russia Property Market
May 16, 2013, 8:01, (Property Xpress) - Austrian real estate development and investment group Immofinanz sees good prospects in the Russian real ...   read more
Bulgarian Developer to Start Sofia Apartment Project
May 15, 2013, 15:53, (Property Xpress) - A Sofia-based real estate development company is considering starting a gated community residential project in ...   read more
Sokol Estate to Build Moscow Office Complex
May 15, 2013, 14:57, (Property Xpress) - Around USD 150 mln will be invested for construction of a multifunctional complex in the western part of the ...   read more
Mercator Reports Flat Sales in Q1’2013
May 15, 2013, 14:33, (Property Xpress) - Ljubljana-based grocery retailer Mercator said its first quarter sales dropped 2.6 pct year-on-year, to EUR ...   read more
Shopping Mall Constriction Resumed in Russia
May 15, 2013, 12:59, (Property Xpress) - Construction work on a 90,000 sq. m shopping and entertainment center has been resumed in Russia. The project, ...   read more
Construction of EUR 60 mln Sports Complex to Start in Ukraine
May 15, 2013, 12:48, (Property Xpress) - Construction of a EUR 60 mln sports complex is scheduled to begin later this month in the city center of the ...   read more
Regions Group Postpones IPO Plans
May 15, 2013, 12:25, (Property Xpress) - Russian Regions group of companies has decided to move the tentative date for a planned initial public ...   read more
Global Finance Signs New Lease Deals with Tenants
May 15, 2013, 11:52, (Property Xpress) - Global City Business Park, an office complex in the Bucharest Pipera area owned by Global Finance investment ...   read more
MR Group Starts Fili Grad Development
May 15, 2013, 11:39, (Property Xpress) - Russian company MR Group has started construction of ‘Fili Grad’ residential complex in Moscow, which will ...   read more
New Office Building Opens in West Gate Business Park
May 15, 2013, 11:15, (Property Xpress) - A fifth building within the existing West Gate Business Park in the Bucharest Militari area has recently been ...   read more



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