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Major Varna Real Estate Projects Remain Frozen
March 23, 2012, 8:45, (Property Xpress) - The crisis has pushed developers to either delay or completely suspend their construction projects in ...   read more
O1 Gets Green Light to Acquire Moscow Downtown Property
March 23, 2012, 8:42, (Property Xpress) - Russia’s investment and development company O1 Properties, controlled by Boris Mints, has received the green ...   read more
Marvel-Distribution Rents 13,000 Sq. m at Shushary Logistics Park
March 22, 2012, 16:10, (Property Xpress) - Russian distributor of computer equipment, electronics and software Marvel-Distribution has signed a ...   read more
St. Petersburg Postpones Astoria Hotel Sale
March 22, 2012, 15:21, (Property Xpress) - After three unsuccessful attempts to auction the property of the St. Petersburg Astoria Hotel, the local ...   read more
Luxury Resort Development to Start in Croatia
March 22, 2012, 15:05, (Property Xpress) - Construction of a luxury resort is scheduled to begin next year in Croatia, according to representatives of ...   read more
New Hotel Structure to Appear next to Korston Hotel in Kazan
March 22, 2012, 13:58, (Property Xpress) - A 24-story structure, which will house a four-star 400-room hotel, offices, several conference rooms and a ...   read more
IKEA Plans Balkan Expansion
March 22, 2012, 13:52, (Property Xpress) - Swedish furniture retailer IKEA plans a major expansion drive in the Balkans by building department stores in ...   read more
Developer Restarts Cottage Settlement Project near Moscow
March 22, 2012, 12:51, (Property Xpress) - Nakhabino Park cottage settlement project near Moscow, whose implementation was frozen during the crisis, has ...   read more
Goran Strok Plans Nautical Resort Development
March 22, 2012, 12:31, (Property Xpress) - Croatian entrepreneur Goran Strok, who left the hotel business last year by selling his debt-burdened Adriatic ...   read more
EUR 25 mln Hotel Construction to Start in Omsk
March 22, 2012, 11:52, (Property Xpress) - Construction of a four star hotel will begin in Omsk in April this year. This will be the first hotel in the ...   read more
Construction of Mixed-use Scheme to Begin in Romania
March 22, 2012, 11:24, (Property Xpress) - A mixed-used development project has been resumed in Romania, with the first step involving construction of ...   read more
TC-Development to Invest in Neighborhood Retail Centers
March 22, 2012, 10:24, (Property Xpress) - TC-Development, controlled by the brothers Alexei and Konstantin Mauergauz, who have received USD 189 mln from ...   read more
Marriott in Negotiations to Add Kiev Hotel to Global Portfolio
March 22, 2012, 10:02, (Property Xpress) - International hospitality group Marriott is negotiating to open a 250-room hotel in the Ukrainian ...   read more
Investment Fund Acquires Retail Property in Russia
March 22, 2012, 9:25, (Property Xpress) - An investment fund has purchased a 14,000 sq. m retail property in Russia for RUB 326 mln. The real estate, ...   read more
Bank Purchases Sofia Retail Property
March 22, 2012, 9:00, (Property Xpress) - The Bulgarian subsidiary of an international banking group has purchased a 1,200 sq. m retail building in ...   read more
200,000 Sq. m Scheme to Replace Moscow Wholesale Market
March 21, 2012, 17:12, (Property Xpress) - The last wholesale market in the Southern Administrative District (SAD) of Moscow will be closed in July, the ...   read more
Romanian Company to Free Site in Central Bucharest
March 21, 2012, 16:59, (Property Xpress) - A Romanian company intends to free a 4.3 ha site in the Bucharest city center by moving to a leased area for ...   read more
Update: Ukrainian City Seeks Investor for Shopping Mall
March 21, 2012, 16:09, (Property Xpress) - A Ukrainian city, which at the end of last year was seeking an investor to develop a shopping and ...   read more
Shopping Mall Planned for Moscow Southwest Suburb
March 21, 2012, 15:29, (Property Xpress) - A new shopping and entertainment center will be built in the southwest of Moscow, according to consulting ...   read more
St. Petersburg Property Fund Sells Gostiny Dvor Building
March 21, 2012, 14:56, (Property Xpress) - The Property Fund of St. Petersburg has sold the building of Gostiny Dvor in the center of Kronstadt to an ...   read more
German Company to Invest EUR 30 mln in Macedonia
March 21, 2012, 14:08, (Property Xpress) - A German company will invest EUR 30 mln to build a manufacturing facility for electrical installations and ...   read more
Renova StroyGroup Signs First St. Petersburg Deal
March 21, 2012, 13:48, (Property Xpress) - Viktor Vekselberg’s Renova StroyGroup has teamed up with a St. Petersburg developer to implement its first ...   read more
GEA International Development Declared Bankrupt
March 21, 2012, 13:01, (Property Xpress) - The developer of Laguna Residence project in the Romanian capital, GEA International Development, was declared ...   read more
Pulkovo Stars to Build Technical-Service Park
March 21, 2012, 12:16, (Property Xpress) - Pulkovskie zvezdy (Pulkovo Stars) management company, owned by ZAO Grofort, intends to implement a technical ...   read more
Agrokor Signs EUR 75 mln Club Loan
March 21, 2012, 11:51, (Property Xpress) - Croatia’s group Agrokor today announced signing a EUR 75 mln loan agreement with BNP Paribas, JP Morgan ...   read more



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