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Avalon and Raven Spend USD 148 mln for Logistics Complex
March 26, 2009, 8:26, (Property Xpress) - Avalon Group and UK investment fund Raven Russia have invested around USD 148 mln in development of the first ...   read more
Kerimov Takes 45-Pct Stake in PIK
March 25, 2009, 16:24, (Property Xpress) - Russian billionaire Suleiman Kerimov has reached a preliminary agreement for a 45-pct stake in local developer ...   read more
Pushkin State Museum of Fine Arts Announces Redeveloper
March 25, 2009, 16:13, (Property Xpress) - Pushkin State Museum of Fine Arts has selected the winner of the tender announced on January 27, who will ...   read more
Skyscrapers Planned for Kiev
March 25, 2009, 16:11, (Property Xpress) - Kiev architects have approved construction of a 47-story high-rise to replace a five to six-story building in ...   read more
Russian Developer to Implement Leisure Project near Budva
March 25, 2009, 15:34, (Property Xpress) - A Russian developer will build an aquatic city on Toplis Hill near Budva, Montenegro, the Budva municipality ...   read more
Russian Operations Lift Hochtief’s 2008 Profit
March 25, 2009, 15:32, (Property Xpress) - German construction concern Hochtief AG is present in Russia with its development arm and several ...   read more
Orco to Cancel Contract for Suncani Hvar in Croatia
March 25, 2009, 15:16, (Property Xpress) - A year before expiration of the contract on public and private partnership for Suncani Hvar, French group Orco ...   read more
Sberbank Allocates USD 338 mln to Developer
March 25, 2009, 15:15, (Property Xpress) - Russian savings bank Sberbank has opened a seven-year USD 338 mln credit line to local development company for ...   read more
Raven Russia Approves GBP 76 mln Cap Hike
March 25, 2009, 14:12, (Property Xpress) - The shareholders of Guernsey registered property investment company specializing in commercial real estate in ...   read more
Russian Detsky Mir to Abandon Ukraine
March 25, 2009, 13:55, (Property Xpress) - Russia’s largest children goods retailer Detsky Mir will quit Ukraine, as it could not hold its position in ...   read more
Metro Group to Focus on Developing Markets
March 25, 2009, 12:49, (Property Xpress) - Metro Group plans to sell this year part of its assets in Western Europe, aiming to raise funds for expansion ...   read more
Metro Group to Focus on Developing Markets
March 25, 2009, 12:48, (Property Xpress) - Metro Group plans to sell this year part of its assets in Western Europe, aiming to raise funds for expansion ...   read more
Moscow to Start Own Residential Development, Stop Auctions
March 25, 2009, 12:47, (Property Xpress) - Moscow authorities will quit buying residential properties on tenders and bailing out developers. The city ...   read more
Real Estate Fund in Talks on Selling Projects in Romania
March 25, 2009, 11:47, (Property Xpress) - In a statement, a real estate investment fund said it plans to start optimization of its portfolio in Romania ...   read more
RE Denies Media Rumors for Sale of Assets in Russia
March 25, 2009, 11:27, (Property Xpress) - Raiffeisen Evolution (RE), a company of Raiffeisen Bank and developer Strabag, denied media rumors for ...   read more
Baltic Subsidiary Partners with CEE Retailer in Bulgaria
March 25, 2009, 10:39, (Property Xpress) - The solely-owned Bulgarian subsidiary of a Baltic development group has entered into a long-term lease ...   read more
St. Petersburg Hotel Transfers 15 Pct to Hotel Oktiabrskaya
March 25, 2009, 10:35, (Property Xpress) - St. Petersburg-based Oktiabrskaya Hotel has become owner of a 15-pct stake in St. Petersburg Hotel for USD ...   read more
Delin to Use Immo Industry’s Assets for New Real Estate Player
March 25, 2009, 9:51, (Property Xpress) - Delin Development Group, a leader in real estate developments in Russia and Ukraine, has acquired the assets ...   read more
Delin to Use Immo Industry’s Assets for New Real Estate Player
March 25, 2009, 9:50, (Property Xpress) - Delin Development Group, a leader in real estate developments in Russia and Ukraine, has acquired the assets ...   read more
Office Property Developer Plans USD 300 mln Scheme in Ukraine
March 25, 2009, 9:47, (Property Xpress) - A Ukrainian developer, specializing in business centers has announced a cash deficit for implementation of a ...   read more
Gerc to Develop Hotel and Office Complex in Donetsk, Ukraine
March 25, 2009, 8:46, (Property Xpress) - Gerc Group has signed a cooperation agreement with IMTC-MEI Company, representing Wyndham Hotel Group ...   read more
OPIN Leases 70 Pct in Pavlovo-Podvorie Mall
March 25, 2009, 8:43, (Property Xpress) - Russian investment and development company Open Investments (OPIN) has signed lease contracts for 70 pct of ...   read more
Intourist Postpones Launch of USD 1.3 bln Projects to 2011
March 25, 2009, 8:15, (Property Xpress) - Intourist, the largest vertically integrated tourist holding in Russia, has put off the start of its USD 1.3 ...   read more
Terme Olimia to Open Wellness Orhidelia in Slovenia
March 25, 2009, 8:15, (Property Xpress) - Terme Olimia will open Wellness Orhidelia by the end of April, Zdravko Pocivalsek General Manager, said. The ...   read more
Ukrainian Developer Sells Assets to Secure Working Capital
March 24, 2009, 15:55, (Property Xpress) - A Ukrainian developer is going to sell one of its main assets to secure funds for normal company activity in ...   read more



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