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Update: Magnit Considers SPO
December 01, 2011, 9:08, (Property Xpress) - Magnit, Russia’s largest retail chain by number of stores, intends to place additional shares by an ...   read more
Engel East Europe to Restructure EUR 1.8 mln Lease Payments
December 01, 2011, 8:48, (Property Xpress) - Engel East Europe, an AIM listed East European property developer, said it is currently in negotiations with ...   read more
Two Auto Parts Suppliers to Invest in Serbia Plants
November 30, 2011, 16:51, (Property Xpress) - Two auto parts manufacturers have agreed to build production facilities in Serbia over the next three years ...   read more
Four Star Hotel to Replace Podgorica Office Center
November 30, 2011, 16:34, (Property Xpress) - A 13,000 sq. m business center in the capital city of Montenegro will be converted into a four star ...   read more
Hilton to Add New Hotel to Russian Portfolio
November 30, 2011, 15:56, (Property Xpress) - A land plot has been allotted to a four star Hilton hotel project in Russia. The facility will be developed on ...   read more
Bulgarian Parliament Gives Green Light to ADIS Privatization
November 30, 2011, 15:11, (Property Xpress) - The Bulgarian Parliament today approved a proposal to privatize the Agency for Diplomatic Properties (ADIS). ...   read more
USD 350 mln Plant Construction Starts in Russia
November 30, 2011, 13:59, (Property Xpress) - Construction work on a USD 350 mln plant has started in Russia today. The project is owned by shareholders of ...   read more
Five Star Hotel Opens in Kharkov, Ukraine
November 30, 2011, 13:39, (Property Xpress) - A five star hotel opened in the Ukrainian city of Kharkov earlier this week, following a UAH 210 mln ...   read more
Michaniki Sells Moscow Mixed-use Project for EUR 25 mln
November 30, 2011, 13:15, (Property Xpress) - On October 20, Greek construction group Michaniki sold one of its Russian projects for EUR 25.5 mln, the ...   read more
Generali Rents Sofia Office Space
November 30, 2011, 12:55, (Property Xpress) - Italian insurance company Generali has signed a two-year deal to lease 2,300 sq. m of office space and 22 ...   read more
Construction of Omsk-Fedorovka Airport to Start in 2012
November 30, 2011, 12:22, (Property Xpress) - Construction of Omsk-Fedorovka International Airport will begin in January 2012, after a general contractor ...   read more
Dnipro Sells Land for UAH 19 mln
November 30, 2011, 11:54, (Property Xpress) - On November 28, Dnipro City Council auctioned two sites as one lot on Panikahi – Zaporozhye Highway in the ...   read more
Foundation Laid for EUR 240 mln Plant in Russia
November 30, 2011, 11:23, (Property Xpress) - Yesterday, the foundation stone to mark the construction start of an industrial project was laid in the ...   read more
Continental Hotels Signs Sale-and-Lease-Back Deal
November 30, 2011, 11:00, (Property Xpress) - Continental Hotels, one of the largest Romanian hotel groups, has signed a 10-year sale and lease back deal ...   read more
Russian Developer Unveils Plans
November 30, 2011, 10:19, (Property Xpress) - Russian developers are increasingly interested in raising funds for their real estate projects through IPOs. ...   read more
Budva Riviera to Purchase Outdated Hotel in Montenegro
November 30, 2011, 9:39, (Property Xpress) - Montenegro’s state-owned company Budvanska Rivijera (Budva Riviera) intends to purchase an outdated hotel ...   read more
IBSP Lends RUB 375 mln to Developer
November 30, 2011, 9:11, (Property Xpress) - The International Bank of St. Petersburg (IBSP) has opened a RUB 375 mln three-year credit line to local ...   read more
French Businessman Acquires Third Sofia Office Building
November 30, 2011, 8:51, (Property Xpress) - French businessman Nicolas Rene Colonna Walewski, who last year came to Bulgaria to invest capital in the ...   read more
Auchan Acquires Land for Next Bucharest Store
November 29, 2011, 16:52, (Property Xpress) - French hypermarket operator Auchan has acquired a 2.7 ha site, part of the former Tricodava industrial ...   read more
SU-155 to Build Ivanovo Residential Neighborhood
November 29, 2011, 16:25, (Property Xpress) - Group of companies SU-155 will invest more than RUB 3.5 bln in construction of Rozdestvensky neighborhood in ...   read more
Croatian Fund Sells Stake in Warehouse Real Estate
November 29, 2011, 16:02, (Property Xpress) - A Croatian closed-end investment fund today announced it has sold its stake in a warehouse and office property ...   read more
Update: Office Center Developments Planned for Central Moscow
November 29, 2011, 15:30, (Property Xpress) - AFI Development today announced it has made progress in its negotiations with the City of Moscow regarding ...   read more
Calzedonia to Invest EUR 20 mln in Serbian Factory
November 29, 2011, 14:51, (Property Xpress) - Italian hosiery, underwear and swimwear maker Calzedonia has signed an agreement to invest EUR 20 mln in ...   read more
St. Petersburg Retail/Leisure Scheme under Design
November 29, 2011, 14:27, (Property Xpress) - A multifunctional complex will be built in the Russian city of St. Petersburg by the end of 2013 by ...   read more
Croatian Firm Mulls Istria Golf Course Project
November 29, 2011, 13:57, (Property Xpress) - A Croatian company intends to invest HRK 700 mln in construction of a golf course with 18 holes and hotel near ...   read more

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