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Update: Two Hotel Assets Change Owners
November 23, 2011, 16:51, (Property Xpress) - An offshore company has raised its stake in the owner of two hotel properties in downtown locations in the ...   read more
ExpoForum Starts St. Petersburg Exhibition Center Project
November 23, 2011, 16:21, (Property Xpress) - Gazpromā€™s structure ExpoForum has laid the foundation stone for construction of an international congress ...   read more
LSR Group Starts Moscow Housing Development
November 23, 2011, 15:45, (Property Xpress) - Mosstroyrekonstruktsiya, a subsidiary of LSR Group, has started construction of a new residential project in ...   read more
Kiev Allocates Land for Office Buildings
November 23, 2011, 15:21, (Property Xpress) - At its November 10 session, Kiev City Council allocated land on 53-55, Vasilkovskaya Street in Pechersk ...   read more
U.S. Fashion Group to Debut in Russia
November 23, 2011, 14:43, (Property Xpress) - A US-based fashion group will enter the Russian retail market through a franchise partner. According to ...   read more
Moldova to Select Concessionaire for Multi-Story Car Park
November 23, 2011, 13:54, (Property Xpress) - The Public Property Agency of the Republic of Moldova has announced an international competition to select a ...   read more
International Airport Operator Eyes Russia Investments
November 23, 2011, 13:28, (Property Xpress) - An international airport operator has prepared a USD 4.0 bln investment program for Russia, to be implemented ...   read more
New Investor for Terme Maribor Hotel Group
November 23, 2011, 13:03, (Property Xpress) - NFD Holding and Sava, owners of a majority stake in Slovenian Terme Maribor hotel group, have entered into a ...   read more
Developer to Start 400,000 Sq. m Project in Moscow Region
November 23, 2011, 12:29, (Property Xpress) - A Russian development company has announced the intention to begin construction of a 400,000 sq. m campus for ...   read more
Avanta to Penetrate Western Ukrainian Market
November 23, 2011, 12:02, (Property Xpress) - Lutsk-based Avanta Trade House, developing Kolibris supermarket chain and NASH! wholesale stores, intends to ...   read more
Voronezh Office Building to Undergo Expansion
November 23, 2011, 11:43, (Property Xpress) - The former Yukos headquarters in Voronezh is set to undergo an expansion project over the next two years. The ...   read more
Ukraine Invites Investors to UAH 80 bln Tourist Resort Venture
November 23, 2011, 11:04, (Property Xpress) - Ukraine has started initiatives to attract investors to large scale investment projects. Earlier this week, ...   read more
Developer Acquires Land for Affordable Housing
November 23, 2011, 10:18, (Property Xpress) - A St. Petersburg-based group has unveiled plans to build more than 630,000 sq. m of economy class housing in ...   read more
Two Industrial Investments Planned for Romania
November 23, 2011, 9:59, (Property Xpress) - Two foreign investors are negotiating to open industrial facilities in Romanian provinces. According to local ...   read more
St. Petersburg Firm to Acquire Land for Residential Development
November 23, 2011, 9:09, (Property Xpress) - A St. Petersburg development company is negotiating to acquire land in the city, suitable for construction of ...   read more
Interprime Properties Acquires Second Bucharest Site
November 23, 2011, 8:44, (Property Xpress) - Interprime Properties, part of IKEA Group, has acquired a second site in the Romanian capital. The company has ...   read more
Hotel Construction Starts at Rosa Khutor Resort
November 22, 2011, 15:41, (Property Xpress) - The company developing Rosa Khutor ski resort in Sochi has announced the construction start of the first ...   read more
Auchan to Anchor Megamag Mall in Rosov-on-Don
November 22, 2011, 14:50, (Property Xpress) - Concern Edinstvo, developer and manager of Megamag shopping mall in Rostov-on-Don, has announced signing a ...   read more
IKEA Romania Reports 10 pct Sales Increase in 2010/2011 FY
November 22, 2011, 14:25, (Property Xpress) - IKEA Romania, operating the first and only IKEA store in the country, registered a 10.5 pct increase in sales ...   read more
St. Petersburg Firm Creates Shopping Mall Concept
November 22, 2011, 13:26, (Property Xpress) - A St. Petersburg-based company has prepared the concept plan for development of a two-story shopping and ...   read more
Skopje Firm Purchases Land for Car Park Construction
November 22, 2011, 13:02, (Property Xpress) - A Skopje-based company has won a tender organized by the Macedonian Ministry of Transport and Communications ...   read more
Update: International Operator to Open Petrozavodsk Hotel
November 22, 2011, 12:13, (Property Xpress) - The Rezidor Hotel Group today announced it will open a 180-room Park Inn by Radisson hotel in Petrozavodsk in ...   read more
Bulgaria to Privatize Abandoned Sofia Building
November 22, 2011, 11:48, (Property Xpress) - The Bulgarian Agency for Privatization and Post Privatization Control (PPCA) will hold an open tender between ...   read more
Globex Bank Lends RUB 300 mln to Vsevolozhsk Stroyproject
November 22, 2011, 11:14, (Property Xpress) - Globex Bank has opened a RUB 300 mln credit line to Vsevolozhsk Stroyproject to complete construction of two ...   read more
Evrotek Reaches Debt Settlement Agreement with Creditor
November 22, 2011, 10:54, (Property Xpress) - Evrotek group, which controls the Western Ukrainian trading group Intermarket, has signed a settlement ...   read more



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