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Morton Starts 70,000 Sq. m Project in Zheleznodorozhny
February 03, 2011, 14:48, (Property Xpress) - Moscow-based Morton group of companies has started construction of a 70,000 sq. m residential project on 2.2 ...   read more
Delta to Complete 50 Pct Stake Sale in Delta Maxi, Reveals Investment Plans
February 03, 2011, 14:17, (Property Xpress) - Jelena Krstovic, managing director of Serbian Delta Holding, said the sale of a 50 pct stake in Delta Maxi ...   read more
YIT Uralstroi Acquires Land for Housing Development
February 03, 2011, 13:53, (Property Xpress) - YIT Uralstroi , a subsidiary of Finnish construction group YIT, operating in Yekaterinburg and the Sverdlovsk ...   read more
Argo Real Estate Sees Rental Income Decrease in Romania
February 03, 2011, 13:38, (Property Xpress) - Argo Real Estate Opportunities reduced its rental income from Romanian Sibiu Shopping City and Shopping City ...   read more
Hypermarket Construction to Start in Yekaterinburg
February 03, 2011, 12:58, (Property Xpress) - Construction of a 10,000 sq. m hypermarket is to start in the Russian city of Yekaterinburg in the coming ...   read more
Dixy Group Acquires Victoria Retail Chain
February 03, 2011, 12:26, (Property Xpress) - Dixy group of companies, developing a retail chain under the same brand, has agreed to acquire 100 pct of the ...   read more
Kambanite Business Center Generates BGN 777,000 in Revenue in Q4’2010
February 03, 2011, 12:07, (Property Xpress) - In the last quarter of 2010, the average rental rate for Kambanite Business Center on Sofia Ring Road in ...   read more
VEB-Invest to Sell Novinsky Passage
February 03, 2011, 11:21, (Property Xpress) - Vnesheconombank’s subsidiary VEB-Invest has decided to sell one of the buildings acquired from Globex Bank, ...   read more
Retail Group to Launch Three Discount Hypermarkets in 2011
February 03, 2011, 10:43, (Property Xpress) - Ukraine’s Retail Group, operating Velyka Kyshenya supermarket and hypermarket chain and Velmart discount ...   read more
EUR 10 mln Five Star Spa Resort Planned for Romania
February 03, 2011, 9:52, (Property Xpress) - Construction work on a EUR 10 mln five star resort complex will begin on March 1 in the Romanian southern town ...   read more
Austrian Group to Receive Land for Shopping Mall Development
February 03, 2011, 9:33, (Property Xpress) - An Austria-based real estate investment company, focused on owning, operating and developing shopping centers ...   read more
Bulgarian Cabinet Approves Privatization of Unfinished Sofia Property
February 03, 2011, 8:54, (Property Xpress) - The unfinished administrative building of the National Revenue Agency in Sofia will be offered for sale, ...   read more
Sberbank Takes Ownership of St. Petersburg Distressed Property
February 03, 2011, 8:31, (Property Xpress) - In late December, the Federal Antimonopoly Service of the RF approved an application of Sberbank Capital, ...   read more
Plaza Neva to Develop Yacht Club Complex in St. Petersburg
February 02, 2011, 16:04, (Property Xpress) - Plaza Neva company, co-owned by Alexey Virolainen, son of the former vice-governor of St. Petersburg Oleg ...   read more
Marr Plaza Business Center Commissioned in Moscow
February 02, 2011, 14:47, (Property Xpress) - An A-class business center has been commissioned in Moscow. The Marr Plaza property, with a total area of ...   read more
Kiev Approves Building Plans for 84 Ha Site
February 02, 2011, 14:28, (Property Xpress) - Kiev Architecture and Urban Planning Council has approved building plans for a land area of 84 ha at ...   read more
Rialto to Build Retail Center in St. Petersburg
February 02, 2011, 13:32, (Property Xpress) - The Government of St. Petersburg has adopted a resolution authorizing OOO Rialto to design and build a ...   read more
Construction of Sofia Shopping Mall to Start in June
February 02, 2011, 12:44, (Property Xpress) - The foundation stone for a new shopping and entertainment center in Sofia will be laid in May/June, this year. ...   read more
Dorinda Invest to Build Shopping Gallery in St. Petersburg
February 02, 2011, 12:26, (Property Xpress) - Dorinda Invest will develop a two-story shopping gallery on a 6.4 ha site near Electrosila metro station in ...   read more
Five Star Hotel in Bulgaria Acquired for USD 28 mln
February 02, 2011, 12:01, (Property Xpress) - A US-based company, focused on acquiring undervalued assets around the globe, has purchased a five star hotel ...   read more
Sberbank Lends RUB 2.1 Bln for Housing Construction in Khimki
February 02, 2011, 11:32, (Property Xpress) - The Moscow branch of Russia’s largest lender Sberbank has agreed to provide a RUB 2.1 bln five year loan to ...   read more
Gomex to Expand Serbian Presence
February 02, 2011, 11:03, (Property Xpress) - Zrenjanin-based Gomex, one of the retail leaders in Vojvodina, plans to expand its operations in Serbia. ...   read more
Rezidor Adds Two Park Inn Hotels to Russian Portfolio
February 02, 2011, 10:50, (Property Xpress) - The Rezidor Hotel Group today announced it will add two new Park Inn by Radisson properties to its Russian ...   read more
OPIN Increases Capital of Marina Roschta Plaza
February 02, 2011, 10:34, (Property Xpress) - At an extraordinary meeting of shareholders held on February 1, Russian corporation Open Investments (OPIN) ...   read more
Austrian Group to Launch Russia-Focused Investment Fund
February 02, 2011, 9:52, (Property Xpress) - On February 4, an Austrian financial group will begin formation of an open-ended investment fund to ...   read more



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