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M-Industry Revises Deadlines and Financial Parameters of Federation Island Project in Sochi
September 21, 2009, 14:51, (Property Xpress) - M-Industry, developer of the Federation Island sea resort in the Black Sea city of Sochi, has revised ...   read more
Developer Proceeds with Building Permit Application in Bulgaria
September 21, 2009, 13:41, (Property Xpress) - A Greek property developer said it has received the first license for its luxury residential estate in Sofia, ...   read more
Agreement Signed on Five-star Hotel Development in Yaroslavl
September 21, 2009, 13:00, (Property Xpress) - An agreement on construction of the first five-star hotel in the Russian city of Yaroslavl was signed on ...   read more
Yuzhniy Bereg Invests USD 15 mln in Nikitskiy Palace Residential Estate
September 21, 2009, 12:16, (Property Xpress) - Ukrainian Nikolaev-based development group Yuzhniy Bereg will spend USD 15 mln by 2011 to complete ...   read more
Underground Entertainment Center Planned for Krasnodar
September 21, 2009, 11:43, (Property Xpress) - Russian developer Sovremennye Effektivnye Texnologii (Modern Effective Technologies) has signed an agreement ...   read more
Equest Announces Loss of EUR 71.2 mln for H1’09
September 21, 2009, 11:13, (Property Xpress) - Equest Balkan Properties, an Isle of Man registered company specializing in commercial property investments in ...   read more
Royal Time Opens First Casino in Azov City, Plans More Investments
September 21, 2009, 10:11, (Property Xpress) - The first casino in the Azov-City gambling zone in Russia will be launched on January 30 next year by the ...   read more
48,000 sq. m Shopping Mall Receives Building Permit in Bulgaria
September 21, 2009, 9:55, (Property Xpress) - A shopping and entertainment center with a total area of 48,000 sq. m has received a building permit in ...   read more
Moscow Authorities Move Completion Date of Aurora Business Park
September 21, 2009, 9:07, (Property Xpress) - Moscow authorities have decided to extend completion of the third and fourth stages of the 100,000 sq. m ...   read more
Anchor to Extend InCity Residences in Bucharest
September 21, 2009, 8:45, (Property Xpress) - Real estate developer Anchor Group has completed construction of its first residential project in Romania, ...   read more
Texas Pacific Group to Acquire Share in Russian Retailer
September 21, 2009, 8:22, (Property Xpress) - U.S.-based Texas Pacific Group Investment Fund (TPG) and VTB Capital will close a deal to buy a 35 pct stake ...   read more
Genesis Development Considers EUR 200 mln Investments in Romania
September 21, 2009, 7:58, (Property Xpress) - Genesis Development, one of the biggest players on the Romanian office property market controlled by ...   read more
Sberbank to Sell Real Estate and Retail Assets
September 21, 2009, 7:12, (Property Xpress) - Russian state-controlled Sberbank aims to sell several real estate projects and a chain of shops acquired ...   read more
GBP 150 mln Investment Announced for Montenegro, Construction Starts in Early 2010
September 21, 2009, 6:56, (Property Xpress) - A GBP 150 mln real estate investment has been announced for Montenegro. The project will include a 200-room ...   read more
Sochi Mayor to Sign Joint Project with Cypriot Investors
September 18, 2009, 15:43, (Property Xpress) - At the Sochi – 2009 investment forum the Mayor of Sochi will enter into an agreement with the Cypriot ...   read more
Auchan to Replace O’Key in Sky Mall Shopping Center
September 18, 2009, 15:06, (Property Xpress) - French retailer Auchan will open an 18,000 sq. m hypermarket in the first phase of Sky Mall in Kiev, ...   read more
U.S. Corporation to Invest EUR 100 mln in Rostov Plant
September 18, 2009, 14:24, (Property Xpress) - The governor of the Russian Rostov region Vladimir Chub met on Thursday with the head of the U.S.-based Ball ...   read more
Avangard to Develop Shopping Mall in Irkutsk
September 18, 2009, 12:57, (Property Xpress) - Irkutsk-based Avangard holding, controlled by Kanagat Ramazanov, has won for the second time the lease right ...   read more
Taleon Club to Complete USD 115 mln Reconstruction by End’09
September 18, 2009, 12:29, (Property Xpress) - OAO Talion, controlled by Alexander Ebralidze and Jacob Barsky, intends to complete reconstruction work on the ...   read more
Petmol Plant Ready for Redevelopment in St. Petersburg
September 18, 2009, 11:53, (Property Xpress) - St. Petersburg-based plant Petmol, has prepared its facilities at the intersection of Moskovsky Prospect and ...   read more
Desigual Clothes Retailer Debuts in Ukraine
September 18, 2009, 11:34, (Property Xpress) - Desigual, a leading Spanish clothes retailer, has entered into a franchise agreement with a Ukrainian company ...   read more
Gulf Investor to Increase Russian Presence
September 18, 2009, 11:04, (Property Xpress) - A state-controlled Gulf investor said it is seeking to increase its presence in Russia, after purchasing a ...   read more
Update: Spanish Group Starts First Romanian Project
September 18, 2009, 10:33, (Property Xpress) - A Spanish real estate developer is in talks to buy two land lots in Romania, one in Ploiesti and one in the ...   read more
26,000 sq. m Leisure Center Opens in Chernivtsi, Ukraine
September 18, 2009, 9:58, (Property Xpress) - Panorama Chernivtsi, a four-story entertainment complex with 17 restaurants and cafes will open on September ...   read more
Russian Auction House Places St. Petersburg Palace on Sale
September 18, 2009, 9:56, (Property Xpress) - Russian auction house, recently set up with the participation of Sberbank, will offer investors the St. ...   read more



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