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Kiev Allows Hotel Construction in Downtown/Historic District
October 07, 2011, 7:54, (Property Xpress) - Kiev City Council has given permission for development of a hotel and residential complex on a 0.7 ha site in ...   read more
Russian Developer to Sell Land for Shopping Center
October 06, 2011, 15:17, (Property Xpress) - A Russian regional shopping and entertainment center developer has decided to sell a 6.5 ha site in the city ...   read more
Adama Delays Housing Project in Romania
October 06, 2011, 14:43, (Property Xpress) - Real estate developer Adama, recently acquired by Austrian Immofinanz Group, has delayed construction of its ...   read more
Magma to Invest USD 5.0 mln in Hotel Renovation
October 06, 2011, 14:06, (Property Xpress) - Moscow-based investment company Magma has confirmed plans to invest USD 5.0 mln over the next year on ...   read more
Starwood Adds Sheraton Hotel to Ukrainian Portfolio
October 06, 2011, 13:43, (Property Xpress) - The five star Sheraton Kiev Olympiysky Hotel will be the Starwood’s first property in the Ukrainian capital. ...   read more
Five Star Resort Hotel in Romania Acquired for EUR 2.5 mln
October 06, 2011, 12:51, (Property Xpress) - A Bucharest-based individual has bought a five star hotel in Mamaia, on the Black Sea coast, for EUR 2.48 mln, ...   read more
BrookeMil Denies Sale of Downtown Moscow Project
October 06, 2011, 12:37, (Property Xpress) - Construction of Moscow’s Four Seasons Hotel may again come into question. BrookeMil company has denied the ...   read more
Sopharma Opens Two High-Rises in Sofia
October 06, 2011, 12:16, (Property Xpress) - Today, Sofia-based Sopharma Properties REIT will open two high-rises, part of its Sopharma Business Towers ...   read more
RUB 1.3 bln Office/Industrial Facility to Appear in Ulyanovsk
October 06, 2011, 11:38, (Property Xpress) - About RUB 1.3 bln will be spent on construction of a 5,000 sq. m office and industrial facility in the Russian ...   read more
Ukrainian Bank Raises Loan Limit for Kiev Housing Development
October 06, 2011, 11:05, (Property Xpress) - A real estate development and construction company today announced signing a credit agreement with the ...   read more
Russian/Chinese JV Build Moscow-Yiwu Retail Center
October 06, 2011, 10:39, (Property Xpress) - Tashir Group, controlled by Samvel Karapetyan and China’s Shifen are developing a shopping center, called ...   read more
Profi to Open 25 Stores in 2012, Considers Warsaw IPO
October 06, 2011, 10:02, (Property Xpress) - Romanian discount food retailer Profi, controlled by Enterprise Investors investment fund, plans to open at ...   read more
Stake in Novinsky Passage Retail/ Office Center Sold for RUB 1.42 Bln
October 06, 2011, 9:36, (Property Xpress) - A 24.99 pct stake in OAO Novinsky Boulevard 31, owner of Novinsky Passage shopping and office center in ...   read more
International Retailer Acquires Serbian Logistics Property
October 06, 2011, 9:10, (Property Xpress) - An unnamed international retailer has acquired a logistics asset in the Serbian capital for approximately EUR ...   read more
Morgan Stanley Nearing Deal to Acquire St. Petersburg Mall
October 06, 2011, 8:14, (Property Xpress) - Morgan Stanley is nearing completing a deal to acquire the largest shopping mall in St. Petersburg, Galeria, ...   read more
Bricostore Invests EUR 25 mln in Zagreb Retail Center
October 06, 2011, 7:56, (Property Xpress) - French Bricostore, selling home improvement and do-it-yourself goods, will invest HRK 187 mln (EUR 24.9 mln) ...   read more
Draft Plan Presented for Khabarovsk-Novy Airport
October 05, 2011, 15:41, (Property Xpress) - A consortium of South Korean companies has presented a draft plan to rebuild the Russian Khabarovsk-Novy ...   read more
ZARA Secures Third High-Street Romania Location
October 05, 2011, 15:16, (Property Xpress) - Spain’s Inditex group has leased a 1,500 sq. m building in the center of Sibiu, to open its third high ...   read more
Romania to Provide State Aid to Two Investment Projects
October 05, 2011, 14:54, (Property Xpress) - The Romanian Ministry of Finance will provide state aid to two investment projects, to be implemented by SC ...   read more
Probusiness-Development to Spend EUR 34 mln on Ivanovo Housing
October 05, 2011, 14:10, (Property Xpress) - Russian residential property developer Probusiness-Development will build a low-rise compound in Ivanovo. ...   read more
Willbrook Platinum Business and Convention Center Opens in Bucharest
October 05, 2011, 13:14, (Property Xpress) - British developer Willbrook Management International today announced opening of its Willbrook Platinum ...   read more
Metro Group to Buy Land for Next Russian Store
October 05, 2011, 12:45, (Property Xpress) - International self-service wholesale retailer Metro Cash & Carry intends to build a second store in the ...   read more
Unfinished Hospital Buildings to Go to Public Sale in Bulgaria
October 05, 2011, 12:04, (Property Xpress) - The Bulgarian Council of Ministers has adopted a decision to sell three unfinished buildings, owned by the ...   read more
Industrial Park Construction Starts in Russia
October 05, 2011, 11:43, (Property Xpress) - Construction work on a large-scale industrial park has started in Russia. The project will occupy 90.8 ha in ...   read more
Design Competition Expected for Five Star Hotel in Croatia
October 05, 2011, 11:22, (Property Xpress) - An architectural competition for the design of a five star hotel on the Croatian Adriatic coast is expected to ...   read more



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