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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
Prime Property REIT Gets Building Permit for Office Center in Sofia
March 24, 2009, 15:47, (Property Xpress) - Real estate property fund Prime Property BG REIT has received a construction permit for its Prime Business ...   read more
Moscow Faces Halved Rents on 5 Most Expensive Streets
March 24, 2009, 15:33, (Property Xpress) - Rental prices on the five most expensive retail streets in Moscow have lost 20 to 50 pct, data of Penny Lane ...   read more
New Cottage Village Planned for Moscow
March 24, 2009, 14:57, (Property Xpress) - Russian company Capital Project plans to develop a new cottage village along Novorizhskoe Road, the prime ...   read more
Engel East Europe Announces 2008 Results
March 24, 2009, 14:52, (Property Xpress) - The AIM-listed Central and Eastern European property developer Engel East Europe N.V. said it made a 55.7 pct ...   read more
Zagorski Konstruktor and M-Profile Win Contractor Tender in Croatia
March 24, 2009, 14:14, (Property Xpress) - In cooperation with Zabok-based firm M-Profile, Zlatar-based Zagorski Konstruktor has won the contract to ...   read more
City-XXI Century Pays USD 6.7 mln to Sberbank
March 24, 2009, 13:51, (Property Xpress) - Russian investment and development company City-XXI Century has covered USD 6.7 mln installments to Sberbank, ...   read more
Finnish Firm Ready to Acquire Kremikovtzi in Bulgaria
March 24, 2009, 13:01, (Property Xpress) - Finnish real estate company Finprominvest, has sent a letter of intent to operate and acquire the Bulgarian ...   read more
EBRD to Provide 12.7 Mln for Data Center in Moscow
March 24, 2009, 12:58, (Property Xpress) - The European Bank for Reconstruction and Development (EBRD) will provide USD 12.7 mln for the renovation of a ...   read more
Hotel Complex up for Sale in Montenegro
March 24, 2009, 12:43, (Property Xpress) - The Montenegrin Agency for Privatization announced it will auction a hotel complex on the Adriatic coast, VIP ...   read more
Makrocap Development Ukraine Stops Business Center Project
March 24, 2009, 12:23, (Property Xpress) - Investment and construction company Makrocap Development Ukraine has stopped development of its B+ business ...   read more
Atrium Turns to EUR 924 mln Pretax Loss in 2008
March 24, 2009, 11:56, (Property Xpress) - Emerging European developer Atrium European Real Estate, controlled by Israeli investment group Gazit Globe, ...   read more
German Company Confirms EUR 150 mln Development in Russia
March 24, 2009, 11:47, (Property Xpress) - The local arm of a German group of companies has confirmed its plans for development of a EUR 150 mln office ...   read more
VIG Plaza under Construction in Belgrade, Serbia
March 24, 2009, 11:21, (Property Xpress) - A new A-class 6,200 sq. m office complex is under construction in Belgrade, on a 0.4 ha plot in Novi Beograd, ...   read more
Rates on the Ground of Reality in CEE
March 24, 2009, 10:05, (Property Xpress) - Real estate prices are dramatically declining in Bucharest and experts such as Josef Antos, Regional Director ...   read more
Moscow to Crowd Financial Institutions in City-2
March 24, 2009, 10:01, (Property Xpress) - Moscow’s mayor Yury Luzhkov told city government that main financial institutions will be accommodated on ...   read more



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