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ADG Group Plans to Spend USD 300 mln in Russia
July 28, 2008, 14:59, (Property Xpress) - ADG Group plans to invest USD 300 mln in developing three and four-star hotels in Russia’s regions. The ...   read more
U.S.-based Company to Invest USD 60 mln in Ukraine
July 28, 2008, 14:46, (Property Xpress) - A U.S.-based property investor and developer plans to invest USD 60 mln in development of new real estate ...   read more
EUR 510 mln Project Portfolio in SEE May be Sold
July 28, 2008, 14:31, (Property Xpress) - To cover financing of the existing projects in 2008 and 2009, one of the largest developers in real estate ...   read more
Strabag to Buy Deutsche Telekom's Facility Management Unit
July 28, 2008, 14:22, (Property Xpress) - Austrian construction company Strabag has agreed to buy Deutsche Telekom's facility management unit Deutsche ...   read more
Rise of Flat Price in Crimea, Ukraine
July 28, 2008, 13:25, (Property Xpress) - The average value of flats in Crimea has reached USD 1,000 per sq. m. according to data, available on the web ...   read more
PIK Group Launches First Housing Production Plant
July 28, 2008, 13:01, (Property Xpress) - PIK Group, one of Russia's leading residential real estate developers, today announced the launch of its first ...   read more
Update: DEGI Completes EUR 147 mln Acquisition in Bucharest
July 28, 2008, 12:50, (Property Xpress) - Romanian Council of Competition (CC) has allowed the investment fund DEGI, subsidiary of the Scottish Aberdeen ...   read more
O’Key Supermarket Opens in Krasnoyarsk
July 28, 2008, 12:18, (Property Xpress) - The first O’Key supermarket has opened in Krasnoyarsk, the city administration said. The 8,000 sq. m ...   read more
Finnish Sokotel to Pour over USD 1.1 bln in Russia
July 28, 2008, 11:47, (Property Xpress) - Over the next ten years, Finnish company Sokotel, part of S group, plans to invest over USD 1.1 bln in 13 new ...   read more
Becali to Buy Comaico Company for EUR 9.25 mln in Romania
July 28, 2008, 11:24, (Property Xpress) - George Becali will acquire the Comaico Company, the former December 30 Plant, which owns a 100 ha lot under ...   read more
Russia’s Novosibirsk Needs 1,000 Upper Class Hotel Rooms
July 28, 2008, 11:14, (Property Xpress) - Russia’s third largest city Novosibirsk needs 1,000 rooms of upper class rooms to meet the growing flow of ...   read more
Russian Tycoon to Spend USD 300 mln in Cinema Complex near Moscow
July 28, 2008, 10:15, (Property Xpress) - Russian billionaire Nikolai Tsvetkov, president of Uralsib Football Club, has founded Glavkino Company to ...   read more
St. Petersburg Approves Nevskaya Ratusha
July 28, 2008, 10:10, (Property Xpress) - The city-planning council of St. Petersburg has approved a project for the office and administrative center ...   read more
Business Center Sold to Turkish Businessman in Haskovo, Bulgaria
July 28, 2008, 9:53, (Property Xpress) - Turkish businessman Fuyat Guven has purchased Haskovo-based Business Center 1 in Bulgaria for EUR 5.62 mln. ...   read more
St. Petersburg Developers Sell in Panic, Scared by Global Crisis
July 28, 2008, 8:47, (Property Xpress) - A number of real estate developers based in St. Petersburg have sold their completed projects instead of ...   read more
Dawnay, Day Carpathian to Have New Property Manager
July 28, 2008, 8:37, (Property Xpress) - Dawnay, Day Carpathian PLC, the retail property investment company founded to invest in the CEE, has completed ...   read more
EUR 200 mln Real Estate Projects for Romania
July 28, 2008, 8:17, (Property Xpress) - Over the next four years, EUR 200 mln real estate projects are expected to begin in Romania. Following an ...   read more
Sistema-Hals Approves USD 214 mln Bond Issue
July 28, 2008, 7:47, (Property Xpress) - Russian diversified real estate company Sistema-Hals announced its board approved the issue of two rouble ...   read more
Approval for IMMOEAST to Take over Bank Real Estate Division
July 28, 2008, 7:39, (Property Xpress) - Shareholders of IMMOEAST have approved the motion of the executive board and supervisory board to acquire all ...   read more
MirLand to Terminate Joint Venture
July 28, 2008, 7:36, (Property Xpress) - MirLand Development Corporation plc, one of Russia's leading residential and commercial property developers, ...   read more
Bulgarian Ministry of Defense Sells Plots near Sofia
July 28, 2008, 7:00, (Property Xpress) - Bulgarian Ministry of Defense intends to sell twelve first class properties near Sofia, in suburbs like ...   read more
Niro Tower Construction Start Planned for Bucharest
July 25, 2008, 14:34, (Property Xpress) - Beijing Urban Construction Engineering & Niro will start building Niro Tower, a real estate project on the ...   read more
Master Plan for Sochi 2014 Worked Out
July 25, 2008, 14:08, (Property Xpress) - The master plan for Sochi, the host city of winter Olympic Games 2014, was worked out, city mayor Vladimir ...   read more
Retail Center to Develop Shopping Complex in Pleven, Bulgaria
July 25, 2008, 13:56, (Property Xpress) - Retail Center Company will develop a shopping complex in Pleven, Bulgaria. The three-story building has a ...   read more
First Phase of Arsenal Park to Be Completed This Autumn in Romania
July 25, 2008, 13:53, (Property Xpress) - BegaGrup, controlled by the businessmen Marius and Emil Cristescu, will complete the first phase of its ...   read more

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