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Mercator Profit Jumps to EUR 10 mln in H1’2017
August 31, 2017, 12:54, (Property Xpress) - Slovenian retailer Mercator on Thursday said profit was 2.67 times higher in the first half of 2017 than a ...   read more
Crocus Group to Open Vegas Kuntsevo in September
August 31, 2017, 12:21, (Property Xpress) - The 287,000 sq. m Vegas Kuntsevo shopping center, the third facility of Crocus Group’s network of themed ...   read more
Construction Begins on BGN 13 mln Logistics Center in Sofia
August 31, 2017, 11:50, (Property Xpress) - Construction work has begun on a new logistics center near Sofia Airport. The logistics center, designed for ...   read more
Leader Invest to be Ready for IPO in 2019
August 31, 2017, 11:31, (Property Xpress) - Real estate developer Leader Invest will be ready to conduct an initial public offering (IPO) in 2019, said ...   read more
CTP Acquires Two Logistics Parks in Romania
August 31, 2017, 11:18, (Property Xpress) - CTP, one of the largest investors in the Romanian industrial real estate market, has acquired logistics parks ...   read more
Moscow Historic Building to undergo Restoration
August 31, 2017, 10:56, (Property Xpress) - The building of the Ministry of Agriculture of the Russian Federation in Moscow will be restored. According to ...   read more
EUR 5.0 mln Hotel Project to Break Ground in Croatia
August 31, 2017, 10:33, (Property Xpress) - Construction of a luxury hotel is scheduled to start this autumn on the Croatian Adriatic coast. The hotel ...   read more
Technoserv Rents 12,000 Sq. m at Novospassky Business Quarter
August 31, 2017, 9:48, (Property Xpress) - IT-company Technoserv has signed a lease agreement for one of the buildings (12,000 sq. m) in Novospassky ...   read more
Immofinanz Romanian Portfolio Generates EUR 24.6 mln in H1’2017
August 31, 2017, 9:15, (Property Xpress) - Austrian real estate investor and developer Immofinanz Group reported rental income of EUR 24.6 mln in Romania ...   read more
Farid Gershumov Becomes Co-owner of Moscow Hotel Project
August 30, 2017, 16:55, (Property Xpress) - Farid Gershumov has become co-owner of a five-star hotel project in Moscow’s Zaryadye Park. Since August 24, ...   read more
Moscow Company Buys Mostovik Head Office in Omsk
August 30, 2017, 16:36, (Property Xpress) - Moscow-based OOO Florida has bought at auction assets of NGO Mostovik, inclduing the company’s office ...   read more
IKEA Bulgaria Reports Sales of EUR 52 mln in 2016/17 FY
August 30, 2017, 16:00, (Property Xpress) - IKEA Bulgaria, operating the first and only IKEA store in the country, in Sofia, an online store, and pick up ...   read more
Construction Starts on Five Star Hotel in BiH
August 30, 2017, 15:36, (Property Xpress) - Construction work has begun on a five star hotel in the heart of Bosnia and Herzegovina’s capital, on the ...   read more
Developer to Build Light Industrial Park in Moscow
August 30, 2017, 14:24, (Property Xpress) - A Russian real estate developer is launching a light industrial park project in Moscow, the main tenants and ...   read more
Bulgarian Shopping Mall to Change Owners
August 30, 2017, 12:56, (Property Xpress) - A Bulgarian shopping and entertainment center, with a total area of just over 100,000 sq. m, will soon change ...   read more
AFK Sistema Hotel Assets Generate Revenue of RUB 2.0 Bln in H1’2017
August 30, 2017, 12:46, (Property Xpress) - AFK Sistema’s hotel assets generated revenues of nearly RUB 2.0 bln in the first half of 2017, a 66.6 pct ...   read more
Hilton Garden Inn Unit to Open in Bucharest in Q4’2017
August 30, 2017, 12:26, (Property Xpress) - The first hotel under the Hilton Garden Inn brand in Romania will open at the end of the year in the capital. ...   read more
DPDgroup Moves Moscow Headquarters
August 30, 2017, 11:21, (Property Xpress) - DPDgroup has consolidated and moved its Moscow offices into LeFort business center, owned by O1 Properties, ...   read more
New Office Building to Break Ground in Bucharest
August 30, 2017, 11:00, (Property Xpress) - Construction is slated to begin next week on a 10,000 sq. m office building in the Bucharest Barbu Vacarescu ...   read more
Hines Postpones Shopping Mall Project in Moscow
August 30, 2017, 10:39, (Property Xpress) - U.S. investment fund Hines has indefinitely postponed construction work on its Sky Mall shopping and ...   read more
Bulgarian Mobile Services Provider to Buy 2,400 Sq.m Office Building
August 30, 2017, 10:17, (Property Xpress) - A Bulgarian mobile services provider has secured finance to purchase a 2,400 sq. m office building in ...   read more
Region Group to Become Co-owner of Ingrad
August 30, 2017, 9:21, (Property Xpress) - Development company OPIN has conducted an additional share placement by public subscription, worth RUB 26 bln, ...   read more
Construction to Start on 35,000 Sq. m Shopping Center in Ukraine
August 30, 2017, 8:34, (Property Xpress) - A 35,000 sq. m shopping and entertainment center will be developed in place of the former ‘Ukraine’ ...   read more
Yurkevich in Court Dispute with Sberbank over Kiev Shopping Center
August 29, 2017, 15:29, (Property Xpress) - Ukrainian businessman Anatoly Yurkevich does not intend to transfer his Magellan shopping center in Kiev to ...   read more
Safmar to Divest Non-core Assets
August 29, 2017, 14:57, (Property Xpress) - Safmar Group, managing the assets of billionaire Mikhail Gutseriev and his family, is selling off a USD 400 ...   read more

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