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Developers Abandon Hotel Projects in Cluj-Napoca, Romania
October 18, 2010, 7:37, (Property Xpress) - Real estate developers have recently changed their plans to invest in Cluj-Napoca hotels. In particular, this ...   read more
Skolkovo Innovation Center Agrees to RUB 85 bln Funding
October 15, 2010, 12:31, (Property Xpress) - The management company for the Skolkovo innovation center project has agreed to a RUB 85 mln funding plan with ...   read more
Istrabenz Gorenje Invests EUR 3.4 mln in Slovenian Office
October 15, 2010, 12:19, (Property Xpress) - Istrabenz Gorenje has begun construction of an office building in Kromberk, a settlement in the municipality ...   read more
Merlion Opens Nizhny Novgorod Electronics Store
October 15, 2010, 11:01, (Property Xpress) - Russia’s distributor of computer technology Merlion will open a 3,000 sq. m electronics discount store ...   read more
Kiev to Sell Four Land Lots to Foreign Entities
October 15, 2010, 10:23, (Property Xpress) - Kiev City has decided to sell four land plots to foreign entities and joint ventures. In particular, the city ...   read more
Construction Starts on 16,500 Sq. m St. Petersburg Housing Estate
October 15, 2010, 9:48, (Property Xpress) - A St. Petersburg-based construction holding company has started a 16,580 sq. m residential project on Leninsky ...   read more
Austrian Firm to Build EUR 10 mln Logistics Center in Romania
October 15, 2010, 9:30, (Property Xpress) - An Austrian company wants to invest EUR 10 mln in a logistics and service center in the Bucharest southern ...   read more
100,000 Sq. m Mixed-use Development Planned for Rostov
October 15, 2010, 9:03, (Property Xpress) - A real estate developer is looking for a site in the Rostov area for construction of a 100,000 sq. m shopping ...   read more
Construction of Office Building Started in Romania
October 15, 2010, 8:36, (Property Xpress) - A Belgian real estate development company has started construction of the first phase of an office complex in ...   read more
Mirax Proposes Debt Restructure Plan
October 15, 2010, 8:13, (Property Xpress) - Mirax Group yesterday proposed a plan foreseeing restructuring of USD 390 mln of debt to the holders of its ...   read more
Kiev Allocates 4.0 ha for Mixed-use Development
October 15, 2010, 7:40, (Property Xpress) - Kiev City Council has allocated about four ha of land in the city’s Poznyaky area for construction of a ...   read more
Biovet to Invest EUR 25 mln in Razgrad Plant
October 14, 2010, 15:12, (Property Xpress) - Bulgarian manufacturer of pharmaceutical and veterinary products Biovet, majority owned by Huvepharma, which ...   read more
Kiev City Sells Land for Office Development
October 14, 2010, 14:42, (Property Xpress) - At a regular meeting held on Thursday, Kiev City Council sold a land lot in the capital for UAH 3.18 mln (USD ...   read more
RUB 2.5 Bln Needed for Iturup Airport
October 14, 2010, 14:03, (Property Xpress) - Reconstruction of the Iturup Airport, on the largest of the Kuril Islands, still requires about RUB 2.5 bln ...   read more
Piraeus Bank Restructures EUR 13 mln Loan to Developer
October 14, 2010, 13:39, (Property Xpress) - Piraeus Bank Romania has agreed to restructure a loan of approximately EUR 12.8 mln to Bucharest-based housing ...   read more
Stavropol to Sign Agreement with Zheleznovodsk Park Resident
October 14, 2010, 12:49, (Property Xpress) - Coordination Council for development of investment activity in the Stavropol Territory has assigned a resident ...   read more
Varazdin to See Shopping Mall Openings in 2011/ 2012
October 14, 2010, 12:26, (Property Xpress) - The competition between modern shopping centers in Varazdin will ramp up, following the F.O. Development ...   read more
IHG in Negotiations to Affiliate with Nizhny Novgorod Hotel
October 14, 2010, 12:00, (Property Xpress) - InterContinental Hotels Group (IHG) could become operator of the Volzhsky Otkos Hotel in Nizhny Novgorod, said ...   read more
Russian Firm Buys Hotel in Croatia for EUR 2.35 mln
October 14, 2010, 10:57, (Property Xpress) - Dubrovnik-based construction company PGM Ragusa has completed the sale of its most profitable and valuable ...   read more
Lotte Cinema to Enter Russia
October 14, 2010, 10:14, (Property Xpress) - Lotte Cinema intends to undertake international expansion, with a view to open sites in Russia and Indonesia ...   read more
Russia and Ukraine Agree on Bridge Construction
October 14, 2010, 9:43, (Property Xpress) - The presidents of Russia and Ukraine have finally agreed to start construction of the Kerch Bridge, which will ...   read more
Russia and Ukraine Agree on Bridge Construction
October 14, 2010, 9:43, (Property Xpress) - The presidents of Russia and Ukraine have finally agreed to start construction of the Kerch Bridge, which will ...   read more
Talisman Shopping Mall Opens in Izhevsk
October 14, 2010, 9:00, (Property Xpress) - The 45,000 sq. m Talisman shopping and entertainment center in Izhevsk was officially opened this month. The ...   read more
Macedonian-Turkish JV to Develop Skopje Mixed-use Center
October 14, 2010, 8:35, (Property Xpress) - A Macedonian-Turkish company has begun preparatory work for construction of a 40,000 sq. m mixed-use center, ...   read more
DIY Retail Chain to Resume Russian Expansion in 2011
October 14, 2010, 8:08, (Property Xpress) - A DIY retail chain, which opened only one store this year, aims to resume its development in 2011 by launching ...   read more



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