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Bucharest Gives Nod to Residential/Office High-Rise Project
October 10, 2011, 8:26, (Property Xpress) - The General Council of Bucharest has given the green light to a high-rise development project in the city, ...   read more
Capital Partners Seen as Likely Buyer of Moscow Downtown Property
October 10, 2011, 8:01, (Property Xpress) - Capital Partners, which has built Moscow’s Ritz-Carlton Hotel and Metropolis shopping center, may purchase ...   read more
Update: Centrally Located Site in Zagreb to Have New Owner
October 10, 2011, 7:39, (Property Xpress) - Companies owned by Ivica Todoric and Ninoslav Pavic, and Austrian Styria, are competing to take over Vjesnik ...   read more
Magnit Considers SPO
October 07, 2011, 15:07, (Property Xpress) - Magnit, Russia’s largest retail chain by number of stores, is considering a new share issue to finance new ...   read more
Industrial Enterprise to Free St. Petersburg Land
October 07, 2011, 14:04, (Property Xpress) - A St. Petersburg-based industrial enterprise intends to finalize a plan to transfer its production facilities ...   read more
GTC Opens Galleria Arad
October 07, 2011, 13:30, (Property Xpress) - Earlier this week, Israeli group Globe Trade Center (GTC) opened its Galleria shopping mall in the Romanian ...   read more
Moscow Department Store to Go to Auction
October 07, 2011, 12:23, (Property Xpress) - Univermag Moskva company, owner of ‘Moscow’ department store on Leninsky Prospect in the Russian capital ...   read more
Dubrovnik to See Five Star Hotel Opening in 2012
October 07, 2011, 11:57, (Property Xpress) - Dubrovnik will see a five star hotel opening by the start of the next summer season, which will confirm its ...   read more
Morton Finds Co-Investor for Mass Housing Development
October 07, 2011, 11:37, (Property Xpress) - Russian group of companies Morton, one of the largest developers in the Moscow region, has found a new ...   read more
Carrefour to Launch Convenience Store Format in Romania
October 07, 2011, 11:16, (Property Xpress) - Romanian businessman Sorin Minea, owner of Angst retail chain, has signed a franchise agreement to open ...   read more
Hochtief to Design Yemelyanovo Airport Terminal
October 07, 2011, 10:40, (Property Xpress) - German consulting company Hochtief Airport and Russia’s Krasnoyarsk-based Yemelyanovo Airport have signed an ...   read more
Five Star Hotel Construction to Start in Montenegro
October 07, 2011, 10:05, (Property Xpress) - Construction of a five star hotel in Montenegro could begin as early as next week, according to project ...   read more
Sportswear Retailer to Open 300 Russian Stores
October 07, 2011, 9:34, (Property Xpress) - An international sportswear retailer has set a goal of achieving a leading position in the Russian market by ...   read more
Two Hotel Assets Change Owners
October 07, 2011, 8:59, (Property Xpress) - An offshore company is the new majority owner of two hotel assets in downtown locations in the Bulgarian and ...   read more
X5 Retail Group to Invest USD 180 mln in Network Extension
October 07, 2011, 8:07, (Property Xpress) - X5 Retail Group, Russia’s largest retailer in terms of revenue, has entered into a cooperation agreement ...   read more
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



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