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Developer to Raise Funds for Serbian Investment
February 15, 2010, 13:10, (Property Xpress) - A real estate developer is considering two options to raise between USD 300 mln and USD 500 mln in a move ...   read more
Industrial Site Sold in Zelenogorsk
February 15, 2010, 12:23, (Property Xpress) - The Russian Federal Fund for Housing Development has sold land, warehouse and industrial facilities in St. ...   read more
Ski Resort under Way in Romania
February 15, 2010, 11:41, (Property Xpress) - A large ski resort in Petrosani, Romania is planned to be built from scratch, said Minister of Regional ...   read more
Renova StroyGroup Wins Defence Ministry Auction
February 15, 2010, 10:18, (Property Xpress) - Renova StroyGroup has won an auction of the Russian Ministry of Defence to sell housing units in ...   read more
VTB North-West Grants USD 10 mln for St. Petersburg Mixed-use Project Completion
February 15, 2010, 9:43, (Property Xpress) - VTB North-West Bank has opened two, non-revolving credit lines totaling RUB 327 mln (USD 10.83 mln) to ZAO ...   read more
Fund to Invest EUR 160 mln in Eastern European Property Acquisitions
February 15, 2010, 8:57, (Property Xpress) - A London-headquartered fund has raised EUR 160 mln to invest in emerging Europe, mainly in Romania and ...   read more
Siberia Hotel Sold in Barnaul
February 15, 2010, 8:28, (Property Xpress) - In late January, Gossib company, a subsidiary of Russian Magis trade and industrial group, sold Siberia Hotel ...   read more
British Hafra Limited Increases Stake in Ukrainian Hotel
February 12, 2010, 15:02, (Property Xpress) - London-based Hafra Limited has increased its stake in Ukrainian, Yalta-registered ZAO Oreanda, from 26.28 to ...   read more
Accor Launches Third Novotel Hotel in Russia
February 12, 2010, 14:36, (Property Xpress) - About USD 30 mln has been invested in construction of the four star Novotel Yekaterinburg Center in Russia, ...   read more
Israeli Company to Start Resort Development in Romania
February 12, 2010, 14:16, (Property Xpress) - An Israeli real estate developer has announced a resort project in Romania. The company is planning to develop ...   read more
Blagoveshchensk Airport to Open in 2011
February 12, 2010, 13:18, (Property Xpress) - The new airport terminal in Blagoveshchensk, Amur region, valued at RUB 1.0 bln (USD 33 mln), is expected to ...   read more
Gvardeysky Business Center Opens in Rostov-on-Don
February 12, 2010, 12:22, (Property Xpress) - Yesterday, a 16-story, B + class business center opened in Rostov-on-Don. The Gvardeysky office center ...   read more
Austrian Group to Build EUR 35 mln Shopping Village in Serbia
February 12, 2010, 11:32, (Property Xpress) - An Austrian property development company will invest EUR 35 mln to build an outlet center in Serbia. The ...   read more
PFI-Group Gains Control over Alpiyskaya Gorka Development
February 12, 2010, 10:54, (Property Xpress) - The most ambitious construction project of Kamskaya Dolina group of companies, Alpiyskaya Gorka should be ...   read more
Romanian Industrial Project Attracts Funding
February 12, 2010, 10:14, (Property Xpress) - A production project in Romania, aimed at becoming an industrial cluster, has attracted a EUR 140 mln loan ...   read more
BiK Group to Invest in Voronezh Hotel
February 12, 2010, 9:34, (Property Xpress) - Russian group of companies BiK, specializing in construction and management of office centers, has decided to ...   read more
Best Western Affiliates First Ukrainian Hotel
February 12, 2010, 8:27, (Property Xpress) - Best Western International has announced expanding its portfolio in Eastern Europe with its first hotel in ...   read more
USD 200 mln Center for Polar Tourism Planned for Yamal
February 12, 2010, 8:15, (Property Xpress) - The Yamal Government and a Finnish consortium have signed an agreement on cooperation in the framework of the ...   read more
BauMax Sets Romanian Growth Targets
February 12, 2010, 7:52, (Property Xpress) - Austrian group BauMax intends to open between three and five Romanian DIY stores by 2012, speculating on ...   read more
Croatia to Privatize Shipyards
February 11, 2010, 17:09, (Property Xpress) - Croatia is expected to announce an international tender to sell its loss making shipyards on the Adriatic ...   read more
Fiat and Sollers JV to Become Second Largest Car Producer in Russia
February 11, 2010, 16:28, (Property Xpress) - Italian car maker Fiat and Russian Sollers today signed a JV agreement to design and produce cars in Russia. ...   read more
Consultant Sought for Macedonian Airport Project
February 11, 2010, 13:58, (Property Xpress) - Macedonian Ministry of Transport and Communications has announced a tender to select a supervising consultant ...   read more
Four-star Hotel to Open near Vnukovo Airport in 2010
February 11, 2010, 13:43, (Property Xpress) - A new four star hotel with 439 rooms is planned to open near Vnukovo Airport this year, said general director ...   read more
Odessa to Auction 14 Sites in March
February 11, 2010, 13:30, (Property Xpress) - Odessa Urban Land Management Committee plans to hold an auction on March 12, to sell 14 construction sites ...   read more
Czech Group Awarded EUR 380 mln Contract
February 11, 2010, 13:02, (Property Xpress) - A Czech-based construction group will build a multifunctional complex in the Russian city of Sochi, estimated ...   read more



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