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Nega Tours to Complete Montenegro Hospitality Project in 2012
October 08, 2010, 9:49, (Property Xpress) - Russian company Nega Tours has announced it will continue upgrading AS hotel complex in the Perazica Do area ...   read more
Hospitality Project Presented in Voronezh
October 08, 2010, 9:14, (Property Xpress) - A hotel project has been presented in the Russian southwestern city of Voronezh by the project investors. ...   read more
Ljubljana Approves Mixed-use Center in City’s Downtown
October 08, 2010, 8:37, (Property Xpress) - Ljubljana City Council has approved the draft of an ultra-modern multi-purpose center in the capital, to be ...   read more
Aroma Espresso Bar to Enter Russia
October 08, 2010, 7:49, (Property Xpress) - Co-owners of the well-known Israeli network of coffee houses Aroma Espresso Bar have announced plans to enter ...   read more
Romanian Largest Land Owners Reveal Plans
October 08, 2010, 7:02, (Property Xpress) - The top five major owners of construction sites in Romania have accumulated a total land area of 1,520 ha. ...   read more
Construction Begins on Sochi Media Village
October 07, 2010, 14:33, (Property Xpress) - Construction of the Media Village for the 2014 Winter Olympic Games has officially begun in Krasnaya Polyana ...   read more
El-Trust to Commission Mixed-use Center in Samara
October 07, 2010, 12:57, (Property Xpress) - Investment company El-Trust has received confirmation that its 41,700 sq. m Vertical shopping and office ...   read more
German Financial Group Eyes Central and Eastern Europe
October 07, 2010, 12:40, (Property Xpress) - A German financial group said it will seek to increase its real estate exposure in the coming years to EUR 30 ...   read more
Design Competition for Five Star Hotel Announced in Russia
October 07, 2010, 11:51, (Property Xpress) - A Russian investor will hold an international architectural competition to appoint a team to design an ...   read more
IKEA Romania Reports 13 pct Sales Decrease in 2009/2010 FY
October 07, 2010, 10:54, (Property Xpress) - Romania’s first IKEA store, in the Bucharest Baneasa area, registered a 13.0 pct decrease in sales in the ...   read more
Sistema-Hals Secures Funding for Detsky Mir Reconstruction
October 07, 2010, 10:34, (Property Xpress) - Sistema-Hals today announced signing a credit agreement to finance reconstruction of the Central Detsky Mir ...   read more
Novartis Moves Romanian Headquarters
October 07, 2010, 10:02, (Property Xpress) - Swiss healthcare company Novartis will move its Romania headquarters in Bucharest to the newly built business ...   read more
Anapa Presents Seaport Revitalization Project
October 07, 2010, 9:42, (Property Xpress) - The administration of the Russian Black Sea town of Anapa presented a RUB 2.13 bln project foreseeing ...   read more
Lidl to Open Stores in 25 Bulgarian Municipalities
October 07, 2010, 9:13, (Property Xpress) - Germany’s discount supermarket chain Lidl will open stores in 25 municipalities in Bulgaria over the next ...   read more
USD 630 mln Siberian Mixed-use Scheme in Question
October 07, 2010, 8:51, (Property Xpress) - An international player active in the Russian commercial real estate market since 1993 has not yet found ...   read more
Austrian bauMax to Roll out Three Romanian Stores in 2011
October 07, 2010, 8:19, (Property Xpress) - Austrian bauMax, which ranks fourth among the top players in the Romanian DIY retail market after Praktiker, ...   read more
IKEA Suspends Huge Moscow Building Project
October 07, 2010, 7:50, (Property Xpress) - Sweden’s IKEA, which in early March revealed plans to build the Europe’s largest shopping center called ...   read more
EUR 10 mln Boutique Hotel to Open in Sofia City Center
October 07, 2010, 7:11, (Property Xpress) - Germany’s Design Hotels will manage a new boutique hotel in the historic center of Sofia, currently under ...   read more
Kremikovtzi Plant Goes to Auction in November
October 06, 2010, 15:37, (Property Xpress) - The site of the former Kremikovtzi plant in Sofia together with all assets associated with its production ...   read more
Winner Announced for St. Petersburg Historic Property
October 06, 2010, 15:17, (Property Xpress) - An auction organized by the St. Petersburg city government for the right to lease a monument of federal ...   read more
PIK-Region and Omsk City Sign Settlement Agreement
October 06, 2010, 14:23, (Property Xpress) - Yesterday, Omsk district court ended a conflict between the city administration and PIK-Region, part of ...   read more
Insurance Company to Pour EUR 45 mln in Romanian Real Estate
October 06, 2010, 13:43, (Property Xpress) - The Romanian branch of an international insurance company wants to double its investments in the local market ...   read more
Macedonian Bank Forecloses Newly Built Office Property
October 06, 2010, 12:27, (Property Xpress) - A Macedonian bank has become owner of a seven-story business and administrative building in Skopje, recently ...   read more
48,500 Sq. m Site Sold for RUB 525 mln in St. Petersburg
October 06, 2010, 12:03, (Property Xpress) - After several unsuccessful attempts to sell a land plot on Vasilyevsky Island in St. Petersburg, this ...   read more
MiniMax Discount to Turn to Traditional Trade
October 06, 2010, 11:28, (Property Xpress) - MiniMax Discount food retail chain, recently acquired by Romanian billionaire Dinu Patriciu, will move to ...   read more



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