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Litex Invests EUR 13 mln in Office Structure in Sofia, Bulgaria
June 23, 2009, 11:02, (Property Xpress) - Litex Tower, a subsidiary of Litex Commerce, is currently implementing an A-class office project located on ...   read more
Moscow Sets Up Company for Land Engrossment
June 23, 2009, 10:28, (Property Xpress) - Moscow authorities have created a special company to buy out land for future development, the deputy mayor ...   read more
Orco Property Group and Colony Capital Extend Capital Increase Agreement
June 23, 2009, 10:27, (Property Xpress) - Orco Property Group SA (OPG) and Colony Capital have extended their agreement on a capital increase, amounting ...   read more
Mixed-use Complex Vershina Planned for Surgut
June 23, 2009, 9:44, (Property Xpress) - A mixed-use scheme with shopping-entertainment and business compounds, called Vershina, will be developed in ...   read more
MK Group Invests EUR 4.0 mln in Kapaonik, Serbia
June 23, 2009, 9:39, (Property Xpress) - Serbian MK Group, the new owner of the Genex assets in Kopaonik, plans to carry out renovation works on a ...   read more
Marriott Considers Introduction of Three Brands to Bulgaria
June 23, 2009, 9:08, (Property Xpress) - Hotel corporation Marriottt International, managing over 3,200 hotels worldwide, plans to introduce three of ...   read more
Holiday Inn Opens in Moscow
June 23, 2009, 9:06, (Property Xpress) - A new three-star class hotel, under the Holiday Inn brand, has opened on Simonovsky Val Street in Moscow. The ...   read more
Real to Open 42,000 Sq. m Hypermarket in Rostov-on-Don
June 23, 2009, 8:20, (Property Xpress) - Real-Hypermarket, the Russian arm of Metro’s Real chain, plans to open a 42,000 sq. m hypermarket in ...   read more
USD 20 mln Investment for Production Facilities in Serbia
June 23, 2009, 8:04, (Property Xpress) - A U.S.-based corporation has announced it will invest USD 20 mln to build two plants in Serbia for production ...   read more
Israeli Investors Considers EUR 630 mln Carrefour Stake Purchase
June 23, 2009, 7:28, (Property Xpress) - Israel-based Koor, controlled by Nochi Dankner through Discount Investment (62.7 pct) of the IDB group, has ...   read more
Omsk Approves Residential/Commercial Schemes
June 23, 2009, 7:27, (Property Xpress) - The city building committee of Omsk has approved development of a big residential district near Arena Omsk Ice ...   read more
Investors Sought for Two Mixed-use Schemes in Kiev
June 22, 2009, 14:53, (Property Xpress) - A Ukrainian development group is seeking partners to implement construction of a 54-story hotel and office ...   read more
Pushkinsky Mall Opens in Kurgan in Q4’09
June 22, 2009, 14:17, (Property Xpress) - The Pushkinsky shopping and entertainment complex will open in Kurgan by the end of the year, following a USD ...   read more
Zagreb Architects Win Office Project Design Tender
June 22, 2009, 13:46, (Property Xpress) - A Zagreb-based architecture and urban planning studio has won the design tender for a high-rise office project ...   read more
LSR Subsidiary Wins USD 150 mln Contract
June 22, 2009, 13:13, (Property Xpress) - City House Building Company (OOO GDSK), a fully owned subsidiary of LSR Group, has won the open auction to ...   read more
Immoeast Delays 10 Shopping Mall Projects in Romania
June 22, 2009, 12:53, (Property Xpress) - Austrian investment fund Immoeast, owner of three operational shopping centers in Romania: Euromall Pitesti, ...   read more
New Airport Planned for Crimea
June 22, 2009, 12:19, (Property Xpress) - A new airport for small and medium aircrafts will be developed in Crimea by 2013, the head of investment ...   read more
VEB Representatives Appointed in Rosa Khutor
June 22, 2009, 12:16, (Property Xpress) - Two representatives of the State Corporation Bank for Development and Foreign Economic Affairs Vnesheconombank ...   read more
Orascom and the Montenegrin Government Continue Negotiations
June 22, 2009, 11:36, (Property Xpress) - Negotiations between the Montenegrin Government and Egyptian company Orascom over the evaluation of Lustica ...   read more
Delta Maxi Opens Stores in Serbia, Montenegro
June 22, 2009, 11:05, (Property Xpress) - Serbian retailer Delta Maxi opened two new supermarkets in Serbia and Montenegro last week. The 1,200 sq. m ...   read more
Update: Accor Opens Second Ibis Hotel in Russia
June 22, 2009, 10:45, (Property Xpress) - A total of USD 16.5 mln has been invested in the first hotel in Kazan, under the international brand Ibis, ...   read more
SU-155 Wins USD 15.2 mln Defence Ministry Tender
June 22, 2009, 9:54, (Property Xpress) - Russian developer SU-155 has won the tender of the Defence Ministry, which will purchase 178 flats, with a ...   read more
Kuwait Lends Bosnia EUR 26 mln for Highway Development
June 22, 2009, 9:27, (Property Xpress) - The Kuwaiti government will provide approximately EUR 26 mln in a loan to Bosnia and Herzegovina to complete ...   read more
Construction Starts on EUR 55 mln Mall in Croatia
June 22, 2009, 9:09, (Property Xpress) - Construction work on a EUR 55 mln shopping and entertainment center has started in Croatia. The scheme called ...   read more
VTBC-DB Attracts USD 100 mln for Russian Developments
June 22, 2009, 8:56, (Property Xpress) - VTB Capital and Deutsche Bank’s investment fund ‘VTBC-DB Real Estate Partners I L.P’ has completed the ...   read more

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