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ModaTim Investment Changes Owner
November 18, 2011, 13:58, (Property Xpress) - ModaTim Investment, developer of City Business Center office complex in Timisoara, has a new shareholder. ...   read more
Developer to Acquire Land to Build 300,000 Sq. m of Housing
November 18, 2011, 13:38, (Property Xpress) - A St. Petersburg investment and construction group will start two new projects in early 2012. The statement ...   read more
Swarovski to Pour EUR 40 mln into Serbian Factory
November 18, 2011, 13:15, (Property Xpress) - Representatives of the Serbian Government and Austrian crystal manufacturer Swarovski have signed a memorandum ...   read more
Update: Construction of Outlet Center Starts in Moscow
November 18, 2011, 12:43, (Property Xpress) - A Moscow-based company has been appointed general contractor for construction of an outlet center in the ...   read more
Investor Sells Romanian Retail Asset at Substantial Loss
November 18, 2011, 12:19, (Property Xpress) - An investment fund has sold a shopping center and adjacent land in Romania at a substantial discount compared ...   read more
Moscow-City Site Goes to Auction after Land-Use Change
November 18, 2011, 11:10, (Property Xpress) - After two unsuccessful attempts to find a buyer for site № 15 within the Moscow-City international business ...   read more
Gazprom to Acquire First Bulgarian Gas Stations
November 18, 2011, 10:45, (Property Xpress) - Through its Serbian subsidiary Naftna industrija Srbije (NIS), Russia’s Gazprom Neft will be looking to buy ...   read more
VEB to Finance USD 150 mln Plant Construction
November 18, 2011, 10:29, (Property Xpress) - Russia’s state-owned Vnesheconombank (VEB) will finance construction of a drug manufacturing plant in Ryazan ...   read more
Odessa Shopping Mall to Open in Q4’2012
November 18, 2011, 10:04, (Property Xpress) - A shopping and entertainment center, with a total area of 29,500 sq. m, is scheduled to open in Odessa in the ...   read more
Developer Borrows RUB 600 mln for Luxury Housing Building
November 18, 2011, 9:31, (Property Xpress) - A Russian real estate developer has borrowed RUB 590 mln to finance construction of a luxury residential ...   read more
DIY Retailer Eyes Balkan Expansion
November 18, 2011, 9:11, (Property Xpress) - A DIY retailer is planning to expand in the Balkan countries over the coming years. The company, which is ...   read more
Bulgaria to Offer Rail Stations on Concession
November 17, 2011, 16:40, (Property Xpress) - The Bulgarian Transport Ministry has appointed consultants to prepare a business model to select ...   read more
Imaginarium Debuts in Russia
November 17, 2011, 15:58, (Property Xpress) - Spanish network of children’s games and toys, Imaginarium, has launched a 300 sq. m flagship Moscow store in ...   read more
Croatian Hotel Sold to Debt Provider
November 17, 2011, 15:26, (Property Xpress) - RBA (Raiffeisen Bank Croatia) has become owner of an 82-room hotel in the country, following an auction for ...   read more
M5 Mall Opens in Ryazan
November 17, 2011, 15:08, (Property Xpress) - M5 Mall shopping and entertainment center has officially been launched in the Russian city of Ryazan. The ...   read more
International Developer to Dispose of Bucharest Land
November 17, 2011, 14:00, (Property Xpress) - An international development company has decided to dispose of a 40 ha site north of Bucharest, acquired in ...   read more
International Operator to Open Petrozavodsk Hotel in 2012
November 17, 2011, 13:39, (Property Xpress) - An international hotel operator will manage a four star property in Petrozavodsk, to be developed by the end ...   read more
DIY Retailer to Expand Serbian Network
November 17, 2011, 13:24, (Property Xpress) - Brico Spec, a wholly owned subsidiary of Doverie Brico AD, a JV between Bulgarian Doverie Capital (55 pct) and ...   read more
International Firm Considers Russia Plant Construction
November 17, 2011, 12:49, (Property Xpress) - An international company engaged in the construction material business is considering establishing a plant in ...   read more
Investment Firm Appoints Developer for Croatian Project
November 17, 2011, 12:19, (Property Xpress) - A U.S.-based investment firm has selected a developer to carry out a project to build standalone hypermarket ...   read more
Designer Sought for Mid-Class Hotel in Gulf of Finland
November 17, 2011, 11:11, (Property Xpress) - A St. Petersburg-based company has announced a tender to select a preliminary design solution for an ...   read more
High-rise Structure to Appear in Bucharest
November 17, 2011, 10:47, (Property Xpress) - A 30-story tower building is planned to be developed on a 4,900 sq. m lot in the Romanian capital. According ...   read more
Multifunctional Shopping Mall Planned for Moscow Ring Road
November 17, 2011, 10:22, (Property Xpress) - The Moscow City Government has decided to build a multifunctional shopping mall with a total area of 229,900 ...   read more
Five Star Hotel Planned for Ukraine
November 17, 2011, 9:52, (Property Xpress) - A five star hotel building, estimated at a cost of USD 100 mln, is scheduled to be developed in the Ukrainian ...   read more
Klever Asset Management to Start Mass Housing Developments
November 17, 2011, 8:43, (Property Xpress) - Klever Asset Management, controlled by Yuri Zhukov, one of the PIK Group founders, will begin construction of ...   read more



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