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Croatian Group to Sell Non-core Real Estate Business
December 22, 2011, 11:32, (Property Xpress) - Billions of debt in local currency and a failed residential investment have resulted in a dramatic turn-around ...   read more
Moscow Sells National Hotel for RUB 4.7 Bln
December 22, 2011, 10:59, (Property Xpress) - Moscow city authorities have sold at auction the ‘National’ Hotel to Smart Finance Group, acting in the ...   read more
Developer to Sell Income Producing Property in Ukraine
December 22, 2011, 10:25, (Property Xpress) - An international real estate development company is nearing a deal to sell an income producing property in ...   read more
VTBC-Ashmore Acquires Moscow Office/Warehouse Property
December 22, 2011, 9:32, (Property Xpress) - Investment fund VTBC-Ashmore Real Estate Partners I has acquired an office and warehouse complex in Moscow, ...   read more
McDonald’s Romania to Surpass EUR 100 mln Full-Year Revenue Threshold
December 22, 2011, 9:14, (Property Xpress) - The Romanian business of McDonald’s is likely to exceed EUR 100 mln this year. By comparison, the chain made ...   read more
Croatian Hotel Changes Owners
December 21, 2011, 14:00, (Property Xpress) - A Croatian three-star hotel property on the Adriatic coast has changed its owners. From early December, Hotel ...   read more
Fiat Selects Location and Partner for Russia Plant
December 21, 2011, 13:48, (Property Xpress) - Sberbank of Russia will be partnering with Italian carmaker Fiat to build a car assembly plant in the country. ...   read more
Cocor Bucharest Restructures EUR 19 mln Loan
December 21, 2011, 13:21, (Property Xpress) - Shareholders of Cocor Bucharest, managing a department store of the same name in the Romanian capital, have ...   read more
YIT Launches Construction of New Housing Project in Russia
December 21, 2011, 13:07, (Property Xpress) - Finland’s real estate developer YIT has launched construction of a residential building in the Russian city ...   read more
Ukrainian Firm to Raise UAH 50 mln via Bonds
December 21, 2011, 11:55, (Property Xpress) - Kiev-registered OOO Triumph, providing recreational and tourist services, plans to raise UAH 50 mln through a ...   read more
Industrial Hub to Appear in Leningrad Region
December 21, 2011, 11:24, (Property Xpress) - A newly established company plans to invest in creating an industrial hub in Leningrad region in the coming ...   read more
EUR 150 mln Plant Construction to Start in Russia
December 21, 2011, 10:15, (Property Xpress) - A Russian company will begin construction of an industrial facility in the first quarter of 2012. ...   read more
CFSSI to Start Three Housing Projects in 2012
December 21, 2011, 10:14, (Property Xpress) - The Montenegrin Fund for Solidarity Housing Development (CFSSI) plans to begin construction of 270 housing ...   read more
Land Auction Planned in Romania
December 21, 2011, 9:40, (Property Xpress) - A land auction to select investors for a large-scale mixed-use development will be held in the Romanian city ...   read more
Warimpex, CA Immo and UBM Open Airport City St. Petersburg
December 21, 2011, 9:08, (Property Xpress) - After more than three years of construction, Warimpex, CA Immo and UBM, through their JV Avielen AG, completed ...   read more
Village Cinemas to Open First Multiplex in Romania
December 21, 2011, 8:42, (Property Xpress) - Australian Village Cinemas chain will open its first Romanian cinema in April 2012, in Palas Iasi Mall, ...   read more
Immofinanz Reports Rental Revenue of EUR 10.7 mln in Romania
December 20, 2011, 15:37, (Property Xpress) - Austrian Immofinanz Group, with a portfolio of 17 income generating properties in Romania, received EUR 10.7 ...   read more
Golf Course Development Planned for Leningrad Region
December 20, 2011, 15:07, (Property Xpress) - The Land Commission of the Leningrad region today approved a project foreseeing construction of a golf club in ...   read more
Cora to Open Three Romanian Stores in 2012
December 20, 2011, 13:59, (Property Xpress) - Cora retail chain will open three stores in Romanian next year, in Slobozia, Bucharest and Bacau, after three ...   read more
Moscow Terminates Investment Contract with Legion Development
December 20, 2011, 13:43, (Property Xpress) - The City of Moscow has terminated an investment agreement with Legion Development, foreseeing construction of ...   read more
Yobeks Bulgaria Invests EUR 11 mln in Furniture Factory
December 20, 2011, 13:29, (Property Xpress) - Garden furniture manufacturer Yobeks Bulgaria will finalize the first construction phase of its new plant in ...   read more
Moscow Hotel to Open in 2013
December 20, 2011, 12:51, (Property Xpress) - Reconstruction of Russia’s Hotel Moscow is due to be completed in 2013, with the project’s first phase to ...   read more
Italian Furniture Maker to Set up Serbian Plant
December 20, 2011, 12:11, (Property Xpress) - Today, Serbia’s Deputy Prime Minister in charge of Economy and Regional Development, Verica Kalanovic, Mayor ...   read more
36,000 Sq. m Shopping Mall Planned for Perm
December 20, 2011, 11:37, (Property Xpress) - A 36,000 sq. m shopping and entertainment center could appear on part of the site of the former Morion plant ...   read more
Investor Acquires Land in Romania
December 20, 2011, 10:57, (Property Xpress) - An agreement on the sale of 24,000 sq. m of land was signed on December 19 in Romania by the Real Estate ...   read more



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