Sistema-Hals Converts USD 700 mln Credits into Roubles
01-12-08, 16:05, (Property Xpress) - Russian real estate company Sistema-Hals, today announced changes to the terms of its credit agreements with ...   read more

Eks Group Opens 75,000 sq. m Mall in Ufa
01-12-08, 15:34, (Property Xpress) - Russian group of companies ‘Eks’ has opened a 75,000 sq. m shopping and entertainment center in Ufa. The ...   read more

RDI Group Places 29,000 Ha for Sale with Up to 50 Pct Discount
01-12-08, 14:58, (Property Xpress) - Investment and development company RDI Group owing 29,000 ha in prestigious areas of Moscow region, is selling ...   read more

Detsky Mir Opens New Stores in Ufa, Elecrtostal
01-12-08, 14:02, (Property Xpress) - Detsky Mir Group, Russia’s leading retail operator of children goods, has opened two new stores in Ufa and ...   read more

Spare Parts Supplier Magna Rents 12,000 Sq.m Production Facilities
01-12-08, 13:13, (Property Xpress) - International automotive spare parts supplier Magna has signed a three-year contract for 12,000 sq. m ...   read more

Development-Yug in Talks to Participate in USD 1.3 bln Project
01-12-08, 12:27, (Property Xpress) - Russian building corporation Developmnet-Yug is in talks for participation in the USD 1.3 bln project ...   read more

PIK Group Secures USD 262 mln Debt Refinancing from VEB
01-12-08, 11:11, (Property Xpress) - Russian PIK Group said it in a statement it has reached agreement with Vnesheconombank (VEB), a state-owned ...   read more

Carborundum Universal to invest USD 50 mn in Russia
01-12-08, 10:08, (Property Xpress) - Indian Chennai-based abrasives and ceramics producer Carborundum Universal (CUMI), said its Russian subsidiary ...   read more

Moscow Launches Tender for First 95,000 Sq. m of Residential Properties
01-12-08, 9:23, (Property Xpress) - The Moscow authorities have announced a series of open tenders to buy the first 95,000 sq. m of the earlier ...   read more

Finnish Investors to Spend EUR 30 mln by 2010 in Cottages in St. Petersburg
01-12-08, 8:51, (Property Xpress) - Finnish investors will spend about EUR 30 mln in development of the cottage village ‘Kyumeleno’ in the St. ...   read more

Hotel Budapest in Moscow to Open in 2009
01-12-08, 8:10, (Property Xpress) - Three star class hotel ‘Budapest’ on Petrovskie Linii will open in 2009 in Moscow, after reconstruction, a ...   read more

Mixed-use Scheme to Replace Russia Plant in St.Petersburg
28-11-08, 16:26, (Property Xpress) - A 250 to 350,000 sq. m multipurpose complex will replace the industrial buildings complex ‘Plant Russia’ ...   read more

First Healthcare Hypermarket to Open in St. Petersburg
28-11-08, 15:55, (Property Xpress) - Farmatsia, a daughter company of Russian holding company Fenix Group, owner of Novaya Apteka, is opening its ...   read more

Unicor to Provide USD 1.0 bln for Residential Project in Moscow
28-11-08, 15:24, (Property Xpress) - Managing company Unicor and Rossiyskiy Kredit Bank, controlled by Boris Ivanishvili will provide USD 1.0 bln ...   read more

Ninth K-Rauta Hypermarket to Open in St. Petersburg
28-11-08, 14:27, (Property Xpress) - On Saturday, Rautakesko, part of Finnish holding company Kesko, will open its ninth building materials ...   read more

10,000 Sq. m Business Center Planned for Moscow Satellite
28-11-08, 13:57, (Property Xpress) - Russian company OAO ‘Trust Mosoblstroy 6’ plans to develop an A/B+ class business center of over 10,000 ...   read more

Glavmosstroy Puts In Assets to Extend USD 155 Credit Payment
28-11-08, 13:32, (Property Xpress) - Bank of Moscow has extended the payment of USD 155 mln by Glavmosstroy by one year, which secured it with ...   read more

Metro Cash & Carry to Open Several Retail Centers in Krasnodar Region
28-11-08, 12:18, (Property Xpress) - The Russian arm of German retailer Metro Cash & Carry will consider opening several new retail centers in the ...   read more

Vinci-led Consortium Confirms Moscow-St. Petersburg Highway Development
28-11-08, 11:00, (Property Xpress) - OOO North-western Concession Company, comprising a number of European companies and led by French company ...   read more

Volgastroygroup Freezes Three Projects in Cheboksary for Several Months
28-11-08, 10:01, (Property Xpress) - Russian developer Volgastroygroup (VSG), part of Savva holding, said it has frozen three development projects ...   read more

USD 200 mln Deal for Retail Chain Semya Canceled
28-11-08, 9:39, (Property Xpress) - Management company EX, owner and manager of retail chain ‘Semya’ canceled negotiations with ...   read more

Megalit to Invest USD 200 mln in Cottage Village near St. Petersburg
28-11-08, 9:12, (Property Xpress) - St. Petersburg-based company Megalit plans to invest some USD 200 mln to develop a cottage village on 730 ha ...   read more

USD 55 mln Allocated for International Airport Design in Veliki Ustyg, Hilton Invited
28-11-08, 8:23, (Property Xpress) - The Moscow government will allocate USD 55 mln for design works and document preparation for development of an ...   read more

Hotel Moscow to Open in Autumn 2009
27-11-08, 16:40, (Property Xpress) - Vladimir Resin, First Deputy Mayor in the Government of Moscow, yesterday said the entire construction and ...   read more

Trump Eyes Participation in Mixed-use Projects in Russia
27-11-08, 15:33, (Property Xpress) - US-based real estate developer Trump is examining opportunities to participate in development projects in ...   read more