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YIT Increases Residential Start-ups in Russia
July 26, 2010, 12:29, (Property Xpress) - Finnish real estate developer YIT said its profit increased by 48 pct in the first half of 2010, compared to ...   read more
Parktiker: Bulgaria and Romania Posted Better Sales Development in Q2 than in the First Three Months of 2010
July 26, 2010, 11:54, (Property Xpress) - Praktiker’s net sales in Romania fell 12.4 pct in the first half of 2010, compared to the same period last ...   read more
Russian Developer Starts Three Star Hotel Project
July 26, 2010, 11:03, (Property Xpress) - A Russian development company has officially started the first construction stage of the international resort ...   read more
Moscow City Purchases Next Resort Facility in Crimea
July 26, 2010, 10:38, (Property Xpress) - Moscow City Government, which owns four resorts in the Crimea, has acquired a fifth spa facility and is ready ...   read more
TeleGrad to Build 140,000 Sq. m of Commercial Space in St. Petersburg
July 26, 2010, 9:28, (Property Xpress) - TeleGrad company, a subsidiary of the Hungarian TriGranit Development Corporation, has received permission to ...   read more
Fiat Prepares EUR 1.0 Bln Serbia Investment
July 26, 2010, 8:41, (Property Xpress) - Italian carmaker Fiat, the European Investment Bank (EIB) and the Belgrade city government will jointly invest ...   read more
NPF Norilsk Nickel to Purchase Marr Plaza Office Center
July 26, 2010, 8:13, (Property Xpress) - NPF Norilsk Nickel may acquire the A-class Marr Plaza business center in Moscow from Marr Capital, controlled ...   read more
Odessa City Approves Hotel Project
July 26, 2010, 8:03, (Property Xpress) - On July 13, Odessa City Council approved reconstruction of the building of the former Odessa cinema theater on ...   read more
AFI Development Extends Mall of Russia Credit Facility
July 26, 2010, 7:20, (Property Xpress) - AFI Development, the Russian real estate arm of Africa-Israel Investments, today announced, it has reached an ...   read more
Lidl Buys Land for next Romanian Store
July 26, 2010, 7:13, (Property Xpress) - Germany’s discount supermarket chain Lidl, part of the Lidl & Schwarz group, has bought a plot of 8,600 sq. ...   read more
Bulgarian Property Developments and Fairplay Break Partnership
July 23, 2010, 14:56, (Property Xpress) - Fairplay Commercial and Bulgarian Property Developments (BPD) have dissolved their partnership started at the ...   read more
Consortium Trakia IV Wins Road Construction Contract
July 23, 2010, 14:08, (Property Xpress) - Chairman of the Board of the Bulgarian Road Infrastructure Agency Bozhidar Yotov today signed a decision on ...   read more
Moscow to Sell Lease Rights for Hotel Project
July 23, 2010, 13:31, (Property Xpress) - A large hotel complex will be built in the center of the Russian capital, on a 0.39 ha leased lot in ...   read more
Asset Management Group to Spend EUR 8.0 mln in Ukraine
July 23, 2010, 12:46, (Property Xpress) - An international asset management company intends to invest EUR 8.0 mln to establish two resorts in the ...   read more
Construction to Begin on Novoe Stupino Satellite Town
July 23, 2010, 12:16, (Property Xpress) - The foundation stone-laying ceremony for the Novoe Stupino satellite town in the Moscow region will take place ...   read more
Investor Sought for Hotel Development in Kiev
July 23, 2010, 11:53, (Property Xpress) - An auction to select investor and developer for a hotel project in Kiev will be held at the beginning of next ...   read more
LEK Restructures RUB 520 Mln of Debt
July 23, 2010, 11:13, (Property Xpress) - Pavel Andreev, owner of LEK Group, has agreed with the Khanty-Mansiysk Bank to defer payments of approximately ...   read more
M.Video to Expand to Ukraine
July 23, 2010, 10:28, (Property Xpress) - Russia’s electronics and home appliances retail chain M.Video plans to enter the Ukraine and Kazakhstan in ...   read more
X5 Files Application with FAS to Take over Kopeyka
July 23, 2010, 9:47, (Property Xpress) - Rumors that Kopeyka may be sold to X5 Retail Group have finally found confirmation. Russia’s largest sales ...   read more
Constriction Term Extended for Serbian Shopping Mall
July 23, 2010, 9:19, (Property Xpress) - The construction term for a shopping and entertainment center project in Serbia has been extended by two ...   read more
Update: EUR 200 mln Raised for Pulkovo Airport
July 23, 2010, 8:19, (Property Xpress) - The lending institutions who earlier this month raised EUR 200 mln to finance the St. Petersburg’s Pulkovo ...   read more
Center for Ukrainian Art to Appear in Kiev by 2012
July 23, 2010, 8:07, (Property Xpress) - Construction of a five story Center for Ukrainian Art will begin on Andreevsky Spusk in Kiev in the next three ...   read more
The EBRD: Russia Remains One of the Fastest Growing Countries in the Region
July 23, 2010, 7:44, (Property Xpress) - Russia has been on a steep recovery path since the end of 2009, on the back of higher oil prices, large-scale ...   read more
The EBRD: Economies of Southeast Europe to Contract by 1.5 pct This Year
July 23, 2010, 7:28, (Property Xpress) - The EBRD lowered its prediction for growth in the economies of east Europe, citing increased risks from budget ...   read more
Five Star Hotel Projected for Odessa, Ukraine
July 22, 2010, 14:23, (Property Xpress) - A five star hotel project has been presented at a press conference in Odessa. The seven story lodging ...   read more



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