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Design Presented for Resort Developments in Imeretinskaya Lowland
September 23, 2011, 13:00, (Property Xpress) - A new resort complex, containing three- and four star facilities, will be built in the Imeretinskaya Lowland. ...   read more
European Builder Awarded Infrastructure Contract in Romania
September 23, 2011, 12:43, (Property Xpress) - A European construction group has been awarded a EUR 119 mln infrastructure contract in Romania, it said in a ...   read more
Baltic Firm Raises EUR 1.2 mln to Finance Ukraine Resort Development
September 23, 2011, 12:29, (Property Xpress) - A Baltic-based company has raised about EUR 1.2 mln to finance development of a luxury resort project in ...   read more
Large-Scale Theme Park Investment Announced in Russia
September 23, 2011, 11:56, (Property Xpress) - A theme park, estimated at a cost of RUB 126 bln (USD 3.9 bln) is planned to be developed in the Russian ...   read more
Croatian Company Mulls EUR 15 mln Industrial Investment
September 23, 2011, 10:55, (Property Xpress) - A Croatian group, dealing with production, wholesale and retail of consumer goods, is planning to invest EUR ...   read more
Ararat Park Hyatt Moscow to Undergo Major Renovation
September 23, 2011, 10:13, (Property Xpress) - Ararat Park Hyatt Moscow is undergoing a major project aimed at renovation of all its guest rooms and lobby. ...   read more
Croatian Firm to Invest EUR 12 mln in Hotel Refurbishment
September 23, 2011, 9:47, (Property Xpress) - A Croatian hotel owner and operator plans to invest EUR 12 mln to renovate and upgrade its existing three star ...   read more
Local Company Buys 16.5 Ha Site in Voronezh
September 23, 2011, 9:09, (Property Xpress) - A Voronezh-based company has received the five-year lease right over a 16.5 ha site, as part of the former ...   read more
Seven Entities Vie for Sofia Double-Deck Bridge Construction
September 23, 2011, 8:44, (Property Xpress) - Seven companies and consortia, including Spanish, French and Russian entities, want to build a double-deck ...   read more
High-End Project in Downtown Moscow Changes Owners
September 23, 2011, 8:09, (Property Xpress) - A Russian investment and financial group has acquired a controlling interest in a high-end mixed-use ...   read more
Investment Fund to Sell Romania Retail and Land Assets
September 23, 2011, 7:40, (Property Xpress) - An investment company focused on retail properties in Central and Eastern Europe is in the process of selling ...   read more
IKEA Romania Reports EUR 15.6 mln in Sales in November/December 2010
September 22, 2011, 16:08, (Property Xpress) - IKEA Romania, operating the first and only IKEA store in the country, recorded a RON 65.7 mln (EUR 15.6 mln) ...   read more
RGI Reports USD 82 mln Net Loss in H1’2011
September 22, 2011, 15:54, (Property Xpress) - AIM-listed R.G.I. Group, dealing with residential and commercial real estate development in Moscow and the ...   read more
Contractor Selected to Build Health Center in Kyustendil
September 22, 2011, 14:49, (Property Xpress) - A general contractor has been selected to build a 5,000 sq. m health center in the Bulgarian town of ...   read more
PIK Group to Develop 900,000 Sq. m Housing Project in Novorossiysk
September 22, 2011, 14:20, (Property Xpress) - The Russian city of Novorossiysk signed eight contracts during the Sochi Economic Forum, totaling RUB 34.2 ...   read more
Serbia Invests EUR 35 mln in Ski Resort Hotel
September 22, 2011, 13:03, (Property Xpress) - Construction of the first hotel in the Jabucko Ravniste zone in Stara Planina Mountain will be completed soon. ...   read more
NAI Becar to Reconstruct Nizhny Novgorod Railway Station
September 22, 2011, 12:18, (Property Xpress) - Reconstruction of the Nizhny Novgorod railway station will be carried out by the Russian branch of NAI Global, ...   read more
PBG Invests USD 240 mln in Kiev Office/Housing Development
September 22, 2011, 11:45, (Property Xpress) - Polish contractor PBG plans to invest USD 240 mln in construction of a housing and office complex, called The ...   read more
Bank Saint Petersburg Acquires Headquarters Building
September 22, 2011, 11:07, (Property Xpress) - Bank Saint Petersburg has become owner of the former building of St. Petersburg Municipal Credit Society on ...   read more
Genesis Development Completes EUR 20 mln Bucharest Housing Project
September 22, 2011, 10:46, (Property Xpress) - Genesis Development, owned by Liviu Tudor, the largest owner of office space in Bucharest, has invested EUR 20 ...   read more
Moscow Cancels Kuntsevo Interchange Hub Reconstruction
September 22, 2011, 10:08, (Property Xpress) - Moscow Mayor’s Office has canceled reconstruction of Kuntsevo interchange hub, where AFI Development planned ...   read more
EUR 18 mln for 35.2 Ha Site in Bucharest
September 22, 2011, 9:33, (Property Xpress) - Bucharest-based Chimopar company (CPR), controlled by Jafco Holding Romania, has sold a 35.2 ha site on ...   read more
Sberbank Lends RUB 525 mln to Tyumen Housing
September 22, 2011, 8:54, (Property Xpress) - The Western-Siberian branch of Russia’s largest lender, Sberbank, has opened a RUB 525 mln six-month credit ...   read more
Kiev to Decide on Land Allocation for Hotel Development
September 22, 2011, 8:34, (Property Xpress) - Today, Kiev City Council is expected to consider allocating 0.7 ha of land on 11, Zolotovorotskaya Street, ...   read more
USD 16.5 mln for 14 Ha Site in St. Petersburg
September 22, 2011, 8:05, (Property Xpress) - Gazprom’s subsidiary ZAO Social and Business Center Ohta has paid no more than USD 16.5 mln for the 14 ha ...   read more



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