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RBI to Raise Funds in IPO
April 28, 2010, 10:18, (Property Xpress) - St. Petersburg-based RBI, developing business class and luxury housing, has begun a road show in a move aimed ...   read more
Macedonia Annuls Mercator Contract
April 28, 2010, 9:20, (Property Xpress) - Macedonian Minister of Transport and Communications Mile Janakieski has confirmed that Investment ...   read more
Renaissance Development Acquires Mixed-use Center for USD 22.5 mln
April 28, 2010, 8:53, (Property Xpress) - Turkish company Renaissance Development has acquired a retail and office center in St. Petersburg in a USD ...   read more
Bucharest Prepares Infrastructure for Retail Park
April 28, 2010, 8:38, (Property Xpress) - Bucharest City Hall wants to spend RON 54 mln (EUR 13 mln) for infrastructure work, to prepare the opening of ...   read more
Baltic Monolit Acquires Land on Vasilyevsky Island
April 28, 2010, 8:15, (Property Xpress) - Baltic Monolit company has won an auction organized by the Russian Ministry of Defense to purchase a 1.0 ha ...   read more
Arad to See Several Retail Project Openings in 2010
April 28, 2010, 8:02, (Property Xpress) - Several retail projects are either under planning or implementation in the Romanian city of Arad. At the end ...   read more
Konsum Acquires 11 Buildings for EUR 12.4 mln
April 27, 2010, 15:40, (Property Xpress) - Croatian retail chain Konzum has won an auction to purchase 11 buildings in Opatija, previously belonging to ...   read more
Update: Voronezh Signs Agreement with Investor on Plant Construction
April 27, 2010, 14:47, (Property Xpress) - Construction work on a RUB 1.5 bln high voltage transformers plant will start in the Russian city of Voronezh ...   read more
Sberbank Provides RUB 450 mln for Shopping Mall Development
April 27, 2010, 14:02, (Property Xpress) - The Savings Bank of the Russian Federation (Sberbank) has provided a seven year loan facility of RUB 450 mln ...   read more
Tornado to Build Entertainment Center in Azov-City
April 27, 2010, 12:58, (Property Xpress) - Tornado firm plans to begin construction of a 9,000 sq. m entertainment center in the Rostov part of Azov-City ...   read more
Central European Estates Considers Reverse Merger to Raise Funds
April 27, 2010, 12:43, (Property Xpress) - Central European Estates NV (CEE), controlled by Yuli Ofer and Nimrod Rinat, is considering listing on the Tel ...   read more
VTB Acquires Share in Resort Development Project
April 27, 2010, 12:27, (Property Xpress) - Russia’s state-controlled by VTB Bank has purchased a 50 pct stake for an upscale resort development project ...   read more
Austrian-Israeli JV Develops Residential Estate in Tirana, Albania
April 27, 2010, 11:23, (Property Xpress) - An Austrian-Israeli JV is developing a 14,200 sq. m high-end residential estate in Tirana, Albania. The ...   read more
NDV Group Turns to Development
April 27, 2010, 10:29, (Property Xpress) - Russian NDV Group plans to invest about USD 400 mln in a number of development projects in Moscow, said CEO ...   read more
Korean-Based Automobile Parts Producer to Invest in Serbia
April 27, 2010, 10:08, (Property Xpress) - A Korean-based firm engaged in manufacturing of automobiles ignition parts, plans to invest EUR 18 mln in two ...   read more
International Coffee Retailer Plans 20 Outlet Openings in Moscow, to Enter Ukraine
April 27, 2010, 9:10, (Property Xpress) - An international coffee retailer said it aims to open 20 outlets in the Russian capital this year, betting on ...   read more
International Coffee Retailer Plans 20 Outlet Openings in Moscow, to Enter Ukraine
April 27, 2010, 9:10, (Property Xpress) - An international coffee retailer said it aims to open 20 outlets in the Russian capital this year, betting on ...   read more
Kiev City Approves Concept of 22-Story Business Center
April 27, 2010, 8:48, (Property Xpress) - Kiev City Council has agreed the concept of reconstructing and building a residential neighborhood bordered by ...   read more
Saint-Gobain Sekurit and Trakya Cam to Build Plant in Russia
April 27, 2010, 7:22, (Property Xpress) - On April 26, Saint-Gobain Sekurit and Trakya Cam signed a memorandum of understanding to set up a 50:50 JV ...   read more
Kyivpastrans to Invest in Hotel and Office Center in Kiev
April 27, 2010, 7:17, (Property Xpress) - Municipal enterprise Kyivpastrans plans to carry out reconstruction of a linear control station and build a ...   read more
Residential Neighborhood Planned for Cluj-Napoca, Romania
April 26, 2010, 15:06, (Property Xpress) - The Minister of Regional Development and Tourism, Elena Udrea has attended the loan transfer ceremony in ...   read more
Foreclosed Logistics Property up for Sale
April 26, 2010, 14:46, (Property Xpress) - A Russian logistics property is to be auctioned. According to a decision of the St. Petersburg arbitration ...   read more
Construction Starts on EUR 10 mln Medical Center in Slovenia
April 26, 2010, 14:04, (Property Xpress) - Construction work will start on a medical center in the Slovenian city of Celje. The project, estimated at EUR ...   read more
Baltamerica to Build Apart-Hotel in St. Petersburg
April 26, 2010, 12:59, (Property Xpress) - Baltamerica company, a subsidiary of the freight forwarder Baltamerica International, will develop its first ...   read more
Borispol Airport Receives Tranche from JBIC
April 26, 2010, 12:44, (Property Xpress) - Ukraine’s Borsipol Airport has received another tranche of the JBIC loan. According to an official report in ...   read more



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