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Ozer Construction Files Claim for Own Insolvency in Romania
December 02, 2009, 11:10, (Property Xpress) - Shareholders of Romanian Ozer Construction initiated insolvency proceedings on November 1, this year, and sold ...   read more
Investor Revealed behind Moscow Hotels JV Deal
December 02, 2009, 10:29, (Property Xpress) - As Property Xpress reported, a joint venture has been formed by the Moscow city authorities and Russia Real ...   read more
Adamant Sells Furniture Center in St. Petersburg
December 02, 2009, 9:54, (Property Xpress) - Two months ago, Adamant Holding closed a deal to sell the 30,000 sq. m Great ...   read more
Ukrainian Bank Takes over 110 ha of Land in Kiev
December 02, 2009, 9:30, (Property Xpress) - A Ukrainian bank has taken over 110 ha of land from a development company, which went bankrupt in March this ...   read more
Developer Receives Operation Permit for 75,000 Sq. m of Industrial Space
December 02, 2009, 8:55, (Property Xpress) - A Russian-registered developer has received an official operation permit for phase one of its industrial park ...   read more
New Office Center under Development in Sofia, Bulgaria
December 02, 2009, 8:34, (Property Xpress) - A new 14-story A-class business center is being developed in Sofia, Bulgaria. The facility with a GLA of 4,258 ...   read more
Kiev Sells Two Land Lots for USD 7.7 mln
December 01, 2009, 16:01, (Property Xpress) - At a regular meeting held last week, Kiev City Council sold two plots of land totaling 2.12 ha for UAH 61.5 ...   read more
Russian Park Inn Hotel Put for Sale
December 01, 2009, 15:41, (Property Xpress) - An 11,000 sq. m four-star Park Inn Hotel has been put on sale in Russia, with the asking price at USD 30 mln. ...   read more
Montenegrin Real Estate for Sale by Auction
December 01, 2009, 14:46, (Property Xpress) - The Montenegrin Ministry of Transport, Maritime Affairs and Telecommunications will organize a public tender ...   read more
Moscow City Creates Hotel JV
December 01, 2009, 14:22, (Property Xpress) - Moscow City has created a hotel joint venture where the main hotel assets of the capital city will be ...   read more
New IT Retailer Appears in Ukraine
December 01, 2009, 13:33, (Property Xpress) - A new electronics retailer has entered the IT market in Ukraine, by opening its pilot store in Kiev, in ...   read more
Depot Development to Invest USD 12 mln in Yalta Retail Center
December 01, 2009, 13:10, (Property Xpress) - Depot Development Group, part of Foxtrot group of companies, plans to build a retail center in Yalta estimated ...   read more
VTB Grants USD 12 mln Loan to Residential Developer
December 01, 2009, 12:40, (Property Xpress) - Russia’s VTB North-West Bank has opened a RUB 349 mln (USD 12 mln) non-revolving credit line for St. ...   read more
Mixed-use Project Breaks Ground in Ljubljana, Slovenia
December 01, 2009, 11:45, (Property Xpress) - A mixed-use sports and shopping center project has broken ground in Ljubljana, Slovenia and its first phase is ...   read more
Forward Company to Develop Hotel in Pushkin
December 01, 2009, 11:16, (Property Xpress) - Russian company Forward has filed an application to receive a land lot of 13,200 sq. m in the Pushkin for ...   read more
Equest Sells Property in Bulgaria for EUR 9.9 mln
December 01, 2009, 10:37, (Property Xpress) - Equest Invest Balkans today announced that, as part of its continuing disposal of non-core assets, it has sold ...   read more
Sistema-Hals’ Nine-Month Net Loss Increases to USD 235 mln
December 01, 2009, 10:26, (Property Xpress) - Sistema-Hals, one of the largest diversified companies in the real estate market of Russia and the CIS, has ...   read more
St Sophia Homes to Resume Work on Hilton Hotel in Ukraine
December 01, 2009, 9:46, (Property Xpress) - Kiev-based St Sophia Homes plans to resume construction of a 24-story hotel complex with residential ...   read more
OZ-Mall in Krasnodar to Open in 2010
December 01, 2009, 9:04, (Property Xpress) - Developer AIM Property Development plans to put the first phase of OZ-Mall into operation in the first half of ...   read more
Kiev City Grants Lease Rights over Historic Property
December 01, 2009, 8:48, (Property Xpress) - At its regular meeting last week, Kiev City Council transferred property rights over a building in the ...   read more
X5 Retail Group Agrees USD 1.1 bln Credit Line
December 01, 2009, 8:28, (Property Xpress) - X5 Retail Group has announced it has reached agreement with Sberbank on a "forward-start" committed credit ...   read more
23,000 sq. m Mixed-use Project Starts in Plovdiv, Bulgaria
December 01, 2009, 8:18, (Property Xpress) - Construction work on a 23,300 sq. m mixed-use center has started in Plovdiv, Bulgaria. The project is being ...   read more
White Square Office Center Opens in Moscow
November 30, 2009, 16:06, (Property Xpress) - The opening ceremony of the A-class business center Belaya Ploschad (White Square) in Moscow took place on ...   read more
Golf Course Projects Advance in Croatia
November 30, 2009, 15:13, (Property Xpress) - The future golf course in Croatia’s Fratarska Suma area could get a location permit by the end of the year, ...   read more
Immofinanz and Immoeast Restructure EUR 415 mln Loan
November 30, 2009, 14:24, (Property Xpress) - Immofinanz and Immoeast have reached an agreement with a consortium of banks on restructuring their syndicated ...   read more



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