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New USD 40 mln Micro Quarter Planned for Rovno, Ukraine
October 22, 2008, 8:13, (Property Xpress) - Members of the Rovno City Council have set apart a 4.7 ha plot for construction of high-rise residential ...   read more
Rodex to Invest USD 64 mln in Cottage Village in Perm
October 22, 2008, 8:11, (Property Xpress) - Rodex-Yukon, part of Rodex Group holding, said it will invest USD 64 mln in development of its Stroganovsky ...   read more
DeVision about to Complete First Phase of Domosfera in Kiev
October 22, 2008, 7:31, (Property Xpress) - Kiev-based development firm DeVision has completed 95 pct of construction work on the first phase of the ...   read more
Prosto to Anchor in Retail Center Miller in St. Petersburg
October 22, 2008, 7:29, (Property Xpress) - Russian electronics retail chain Prosto has opened its 1,273 sq. m store in the Miller Center shopping center ...   read more
LEK to Develop Two Residential Complexes in Novosibirsk
October 21, 2008, 15:31, (Property Xpress) - Russian group of companies LEK today announced it plans to develop two residential complexes in Novosibirsk ...   read more
Reconstruction Start on Kharkov International Airport
October 21, 2008, 14:57, (Property Xpress) - New Systems AM, a division of DCH Group, has started reconstruction of Kharkov International Airport as part ...   read more
Altimus Starts Development of Cottage Village near Moscow
October 21, 2008, 14:44, (Property Xpress) - Russian developer Altimus said it has started construction work on the cottage village Bulgakov, 35 km from ...   read more
Kempinski Hotel Planned for Smokvica, Montenegro
October 21, 2008, 14:26, (Property Xpress) - A new hotel under the Kempinski brand will be developed in Smokvica, Montenegro, above the St. Stefan ...   read more
Intourist Attracts USD 17 mln from Commerzbank
October 21, 2008, 13:40, (Property Xpress) - Russian leading tourist holding Intourist said it has attracted a USD 17 mln three-year loan from Commerzbank ...   read more
Metro Cash & Carry Outlet Planned for Kharkov, Ukraine
October 21, 2008, 13:35, (Property Xpress) - Construction work on a new 12,000 sq. m Metro Cash & Carry hypermarket will start in Kharkov, Ukraine, on ...   read more
SKM Group to Develop 178,300 Sq. m Residential Scheme in Dzershinsk
October 21, 2008, 12:56, (Property Xpress) - Moscow-registered holding SKM Group said it plans to develop a 178,300 sq. m residential complex, called ...   read more
German Bank Grants EUR 73 mln for Shopping Center Acquisition in Bucharest
October 21, 2008, 12:55, (Property Xpress) - A German investment bank has announced granting a EUR 73 mln loan for acquisition of a shopping center in ...   read more
Fashion House Development Expands to Russia and Ukraine
October 21, 2008, 12:28, (Property Xpress) - Fashion House Development (FHD), the newly formed company delivering the services of GVA Grimley Outlet ...   read more
Fashion House Development Expands to Russia and Ukraine
October 21, 2008, 12:26, (Property Xpress) - Fashion House Development (FHD), the newly formed company delivering the services of GVA Grimley Outlet ...   read more
Update: Agrokor’s Subsidiary Borrows EUR 70 mln Loan
October 21, 2008, 11:33, (Property Xpress) - The European Bank for Reconstruction and Development (EBRD) has approved its first investment in the Serbian ...   read more
Invesco to Buy Three Business Centers in St. Petersburg
October 21, 2008, 11:24, (Property Xpress) - Invesco Real Estate GmbH has sent a letter of intent for the purchase of Oscar, Magnus and Gustaf business ...   read more
PIK Ukraine to Focus on Smaller Projects
October 21, 2008, 10:43, (Property Xpress) - Kiev-based PIK Ukraine, controlled by Kiril Pisarev and Yuri Zhukov with 41.9 and 40.9 pct stakes respectively ...   read more
Sberbank Allocates USD 22.6 mln Credit to Russian Retailer
October 21, 2008, 10:11, (Property Xpress) - Russian savings bank Sberbank has allocated a USD 22.6 mln three-year credit to an affiliated company of ...   read more
St. Petersburg to Auction 135,300 sq. m for Residential Development
October 21, 2008, 9:56, (Property Xpress) - The Investment Management Department of St. Petersburg said it plans to auction lots in the villages Saperny ...   read more
First Kempinski Hotel Opens in Slovenia
October 21, 2008, 9:56, (Property Xpress) - Last Saturday, the first Slovenian hotel under the Kempinski brand opened in the tourist town Portoroz. Hotel ...   read more
Two Hotels on Sale in Sokobanja, Serbia
October 21, 2008, 9:47, (Property Xpress) - Serbian Privatization Agency has announced that a 70 pct stake in the hotel and tourist complex Lepterija in ...   read more
Hotel Group Accor Plans to Restructure 600 Properties
October 21, 2008, 8:38, (Property Xpress) - French hotel group Accor SA with a number of projects in Russia said 600 properties have been identified for ...   read more
Russian Developer to Pour USD 750 mln in Business Park near Moscow
October 21, 2008, 8:25, (Property Xpress) - A Russian developer plans to spend up to USD 750 mln in construction of a business park on a 250,000 sq. m ...   read more
Delta Nature Resort to Develop Hotels in Borsec and Sucevita, Romania
October 21, 2008, 8:22, (Property Xpress) - Delta Nature Resort, controlled by Pearl-Ridge Holdings Limited, owner of real estate firm Copper Beech, will ...   read more
Russian-Finnish JV to Develop EUR 1.0 bln Scheme in St. Petersburg
October 21, 2008, 8:04, (Property Xpress) - Finnish concern SRV has signed a 77.5/22.5 joint venture agreement with St. Petersburg-based pipe producer ...   read more



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