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Mirax Sells Shopping and Entertainment Center for USD 60 mln
August 01, 2008, 9:09, (Property Xpress) - Russian real estate corporation Mirax Group has sold its shopping and entertainment center ‘Smolenka’ for ...   read more
USD 57 mln Russian-Finnish Techno Park Planned for St. Petersburg
August 01, 2008, 8:37, (Property Xpress) - The government of St. Petersburg region has announced it is in negotiations with Finnish Container Finance for ...   read more
Retail/Office Center Baikal Star to Join Mutual Fund
August 01, 2008, 8:36, (Property Xpress) - Swiss Appraisal company evaluated a land plot in July for construction of the retail and office center Baikal ...   read more
Update: Marks & Spencer Plans Four Units for Ukraine
August 01, 2008, 8:35, (Property Xpress) - British retailer Marks & Spencer opened its first store in Ukraine in May, last year and intends to open four ...   read more
USD 16 bln Project Launches in Moscow
August 01, 2008, 7:48, (Property Xpress) - A USD 16 bln project for construction of over five mln sq. m was launched on a 1,500 ha site near Moscow. The ...   read more
Mjesovito Acquires Era Center and Lakovic Market in Montenegro
August 01, 2008, 7:32, (Property Xpress) - Novito retail chain, controlled by Herceg Novi-based Mjesovito Company, has started engaging in acquisition ...   read more
InterContinental Hotels to Manage Third Kiev Hotel
July 31, 2008, 17:40, (Property Xpress) - InterContinental Hotels Group (IHG) today announced it has signed an agreement to develop its first Crowne ...   read more
Russian Developer to Spend USD 150 mln in Mixed-use Scheme near Moscow
July 31, 2008, 15:47, (Property Xpress) - A Russian development company will invest USD 150 mln in construction of a mixed-use scheme including shopping ...   read more
Hilton Expected on Lopud, Croatia
July 31, 2008, 15:46, (Property Xpress) - EUR 415 mln will be invested in hotels reconstruction in the Dubrovnik area of Croatia, by 2010. According to ...   read more
Europort Retail Center to Open in Makeevka, Ukraine
July 31, 2008, 15:21, (Property Xpress) - At the beginning of autumn, Kiev-based Eko Capital will open the Europort shopping center in Makeevka, Donetsk ...   read more
Turkish Akfen Secures USD 100 mln for Tourism Projects, Expands Abroad
July 31, 2008, 15:00, (Property Xpress) - Akfen Holding’s subsidiary Akfen Real Estate Investment Partnership has secured USD 100 mln in loans from Is ...   read more
C.E.H.I., Hamilton Hotel to Invest EUR 80 mln by 2010
July 31, 2008, 14:16, (Property Xpress) - Central European Hotels Investments GmbH (C.E.H.I.), a subsidiary company of Azimut Hotels Company, and ...   read more
Update: Foreign Developer to Build New Mall in Ukraine
July 31, 2008, 14:02, (Property Xpress) - A Kiev-based developer, specialized in developing and funding projects in Ukraine, the CIS and Turkey, plans ...   read more
Seventh Continent Borrows USD 150 mln
July 31, 2008, 13:26, (Property Xpress) - Russian retail operator The Seventh Continent today announced it has signed a USD 150 mln credit line ...   read more
Metro Reports Q2 Loss, Registers Strong Growth Abroad
July 31, 2008, 13:02, (Property Xpress) - Metro AG has announced a second-quarter net loss on previously released one-time costs related to some Real ...   read more
Kiev to Attract Investors for Parking Lots Construction
July 31, 2008, 13:01, (Property Xpress) - Kiev city administration has decided to attract investors for construction of three underground and two ...   read more
IKEA to Develop Mega Retail Center in Tomsk
July 31, 2008, 12:44, (Property Xpress) - IKEA plans to acquire a 64 ha lot in Russia’s Tomsk for construction of a retail center under the ‘Mega’ ...   read more
Doki to Buy Real Estate Business of MIAN
July 31, 2008, 12:42, (Property Xpress) - Real estate agency Doki , owned by Wimm-Bill-Dann’s share holder Mihail Dubinin and Brunswick Capital fund, ...   read more
Residential Developer to Invest USD 2.4 bln in Moscow
July 31, 2008, 12:02, (Property Xpress) - One of the biggest developers in Russia plans to invest up to USD 2.4 bln for construction of a residential ...   read more
Eurobank Properties Announces First Half Net Profit Rise
July 31, 2008, 11:40, (Property Xpress) - Greek Eurobank Properties REIC has announced that its first half year net profits experienced a 5.8 pct rise ...   read more
BROCARD Ukraine Opens Stores in Kiev and Crimea
July 31, 2008, 11:39, (Property Xpress) - BROCARD Ukraine, part of the German BROCARD Group GmbH & Co. KGa.A., has extended its network of perfumery and ...   read more
EUR 30 mln High-end Residential Complex to Start in Macedonia
July 31, 2008, 11:16, (Property Xpress) - Construction work on a high-end residential complex in Macedonia is expected to start this autumn. The ...   read more
SU 155 to Develop USD 53.4 mln Office/Retail Center in Ivanovo
July 31, 2008, 11:13, (Property Xpress) - Group of companies SU 155 will develop an office and retail center in Ivanovo, some 350 km from Moscow. The ...   read more
Average Q2 Office Rental Levels in Moscow up 6.8 Pct Q/Q
July 31, 2008, 10:46, (Property Xpress) - According to data provided by consulting center Miel, the average office rental levels in Moscow rose by 6.8 ...   read more
USD 100 mln Aqua Park for Kiev
July 31, 2008, 10:16, (Property Xpress) - A new aqua park is expected to be built in the Ukrainian capital on a two ha plot. The future leisure ...   read more

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