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Local Businessman in Talks to Sell Bucharest Office Property
February 01, 2012, 10:46, (Property Xpress) - A Romanian businessman is negotiating to sell an office property in downtown Bucharest for about EUR 20 mln, ...   read more
Krasnaya Polyana to Raise RUB 9.0 bln via Share Issue
February 01, 2012, 10:17, (Property Xpress) - The Board of Directors of Krasnaya Polyana has scheduled a meeting for February 7 to decide on a RUB 9.0 bln ...   read more
Grundfos Holds Serbia Plant Groundbreaking Ceremony
February 01, 2012, 9:51, (Property Xpress) - Danish company Grundfos held today a foundation stone ceremony to officiate construction of its EUR 50 mln ...   read more
O’Key to Set up Discount Store Chain
February 01, 2012, 9:31, (Property Xpress) - St. Petersburg-based retailer O’Key is creating a network of classical discounters. The company is now ...   read more
Pirelli Retains Romania Investment Plans
February 01, 2012, 9:14, (Property Xpress) - Italian tire manufacturer Pirelli has confirmed plans to invest EUR 160 mln in expanding its Romanian ...   read more
Tobolsk Shopping Mall to Open in Autumn 2013
January 31, 2012, 16:53, (Property Xpress) - A 53,000 sq. m shopping and entertainment center is scheduled to open in the Russian city of Tobolsk, Tyumen ...   read more
Volga Industrial Park Second Construction Stage Launched
January 31, 2012, 16:05, (Property Xpress) - Private equity fund Amstar Global Partners and real estate developer Griffin Partners today announced the ...   read more
Budhouse Group Bets on Ukrainian Commercial Real Estate Market
January 31, 2012, 15:38, (Property Xpress) - Kiev-registered development company Budhouse Group, together with foreign partners, is planning to start ...   read more
Novosibirsk Expocenter Opens Today
January 31, 2012, 13:58, (Property Xpress) - Sibir Expocenter (Siberia Fairgrounds) has opened the first phase of the largest international exhibition ...   read more
Bank Demands Loan Repayment
January 31, 2012, 13:29, (Property Xpress) - The Romanian subsidiary of a Greek bank has demanded an urgent repayment of loans, totaling EUR 25 mln, issued ...   read more
Dixy Revenue Jumps on Victoria Retail Chain Acquisition
January 31, 2012, 13:05, (Property Xpress) - Russian grocery chain Dixy today announced results for the 2011 fiscal year. The company reported a 59.1 pct ...   read more
Bucharest Gives Nod to High-Rise Development Project
January 31, 2012, 12:31, (Property Xpress) - Bucharest General Council attended a meeting on Monday with 109 points on the agenda, including 105 local town ...   read more
Paul Heth Eyes New Russian Venture
January 31, 2012, 11:21, (Property Xpress) - American entrepreneur Paul Heth, who founded Kinostar de Lux network of cinemas and sold it last year for ...   read more
Sofia Office Building Acquired for EUR 4.5 mln
January 31, 2012, 11:02, (Property Xpress) - A Bulgarian company has acquired an upgraded office building in downtown Sofia through a complex deal ...   read more
Preliminary Concept Worked out for St. Petersburg Hotel
January 31, 2012, 10:31, (Property Xpress) - A Russian consulting company has prepared a preliminary design concept foreseeing reconstruction and ...   read more
ECDC Provides Updates on Projects in Romania, Bulgaria
January 31, 2012, 9:56, (Property Xpress) - European Convergence Development Company (ECDC), managed by Charlemagne Capital, has provided updates on its ...   read more
LSR Group to Start St. Petersburg Regeneration Project
January 31, 2012, 9:28, (Property Xpress) - LSR Group, the largest St. Petersburg construction company, controlled by Senator Andrei Molchanov, has begun ...   read more
Casino Operator Sells Control over Bucharest Property
January 31, 2012, 8:59, (Property Xpress) - An international casino operator has sold a controlling interest of 51 pct in its Romanian subsidiary, ...   read more
VTB Development to Implement Nevskaya Ratusha Scheme
January 30, 2012, 15:48, (Property Xpress) - VTB Development has become the sole developer of Nevskaya Ratusha multipurpose office and business complex in ...   read more
DCH Outlines Real Estate Development Priorities
January 30, 2012, 14:58, (Property Xpress) - Alexander Yaroslavskiy, president of Kharkov-based Development Construction Holding (DCH), said his real ...   read more
Start to Spend USD 300 mln on Network Development
January 30, 2012, 13:58, (Property Xpress) - Start company, a Russian operator of home improvement and garden stores, is planning to spend about USD 300 ...   read more
Co-Owner of Croatian Shopping Mall in Financial Trouble
January 30, 2012, 13:52, (Property Xpress) - A Croatian shopping center is placing one of its co-owners in financial trouble. The former chairman of the ...   read more
Moscow Extends Term for Luxury Housing Development
January 30, 2012, 13:17, (Property Xpress) - Moscow City Government has extended the reconstruction term for the first construction stage of a housing ...   read more
Delta Holding to Start Belgrade Shopping Mall Project
January 30, 2012, 12:32, (Property Xpress) - Construction of Delta Planet shopping mall will begin in Belgrade’s Autokomanda neighborhood later this year ...   read more
Retailer Acquires 68,000 Sq. m Site in Kazan
January 30, 2012, 12:04, (Property Xpress) - On Wednesday last week, Kazgorduma deputies approved the transfer of a 68,321 sq. m land plot near ...   read more



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