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Finnish Firms to Acquire Production Complex in St. Petersburg
March 16, 2017, 13:53, (Property Xpress) - Finnish companies Peikko Group and Meka Pro Oy have signed an agreement to purchase production facilities in ...   read more
Slovenia to Provide EUR 18.6 mln in Incentives to Magna Steyr
March 16, 2017, 13:45, (Property Xpress) - The Slovenian government today decided to allocate EUR 18.61 mln in financial incentives to Magna Steyr for a ...   read more
PSN to Build 196,000 Sq. m of Real Estate in Moscow
March 16, 2017, 13:26, (Property Xpress) - PromSvyazNedvizhimost (PSN) group of companies will build 196,000 sq. m of real estate on the former Pravda ...   read more
AFI Europe Romania Posts Net Income of EUR 46 mln in 2016
March 16, 2017, 12:50, (Property Xpress) - Real estate developer AFI Europe Romania registered net operating income (NOI) of over EUR 46 mln in 2016 from ...   read more
Stroyexprom to Build Industrial Park in Rudnevo Industrial Zone
March 16, 2017, 12:28, (Property Xpress) - SUE Stroyexprom plans to build an industrial park in Rudnevo industrial zone in the east of Moscow, ...   read more
Building Permit Obtained for 17,000 Sq. m Apart-Hotel in Montenegro
March 16, 2017, 12:13, (Property Xpress) - Montenegro’s Ministry of Sustainable Development and Tourism has issued a building permit to Herceg ...   read more
Becar Group to Invest RUB 1.5 Bln in St. Petersburg Apart-Hotel
March 16, 2017, 11:13, (Property Xpress) - Alexander Sharapov’s Becar Group will invest RUB 1.5 bln in a second ‘Vertical’ apart-hotel in St. ...   read more
Construction Starts on 8,000 Sq. m Shopping Center in Ukraine
March 16, 2017, 10:45, (Property Xpress) - Construction work has begun on an 8,100 sq. m shopping center in the Ukrainian city of Khmelnytsk. The ...   read more
NDV Group Adds Commercial Real Estate Assets to Portfolio
March 16, 2017, 9:58, (Property Xpress) - Russian company NDV Group has added three commercial real estate assets to its portfolio, CEO Alexander ...   read more
Kopernikus to Launch Takeover Bid for Serbian Hotel Prag
March 16, 2017, 9:36, (Property Xpress) - Serbian company Kopernikus Systems, which has bought at auction a 32.6 pct state-owned stake in Belgrade-based ...   read more
Yulmart to Invest USD 1.0 Bln in Order Processing and Logistics Centers
March 15, 2017, 17:36, (Property Xpress) - Online retailer Yulmart will invest about USD 1.0 bln in order processing and distribution centers by 2021, ...   read more
Design Work on 84,000 Sq. m Bucharest Office Complex Set to Complete in 2017
March 15, 2017, 17:14, (Property Xpress) - Design work on an 84,000 sq. m Bucharest office complex will be completed in the third quarter of ...   read more
Skolkovo and AHML to Close RUB 15.6 Bln Deal in Q2’2017
March 15, 2017, 16:44, (Property Xpress) - The Skolkovo Foundation expects to close a deal on construction of rental housing in the Skolkovo innovation ...   read more
AFI, Shikun Binui to Start Belgrade Mixed-use Project Third Phase
March 15, 2017, 16:25, (Property Xpress) - Israeli companies AFI Europe and Shikun Binui, developing a multifunctional residential complex, called ...   read more
73,000 Sq. m Shopping Mall Set to Open in Nizhnevartovsk in 2018
March 15, 2017, 13:56, (Property Xpress) - A 73,000 sq. m shopping and entertainment center will be developed in Nizhnevartovsk by the end of 2018, LCM ...   read more
Flanco Records EUR 200 mln Turnover in 2016
March 15, 2017, 13:51, (Property Xpress) - Romanian IT&C retailer Flanco increased its turnover by 18 pct last year, to RON 917 mln (EUR 205 mln). The ...   read more
Schindler to Consider Opening Moscow Plant
March 15, 2017, 13:41, (Property Xpress) - The Schindler escalator and elevator company may consider opening a production facility in Moscow, city ...   read more
Hypermarket Retail Chain Enters Romania
March 15, 2017, 13:30, (Property Xpress) - A European hypermarket retail chain is entering Romania with a store opening in the country’s provincial ...   read more
Regions Group to Develop Theme Parks in St. Petersburg, Yekaterinburg
March 15, 2017, 13:05, (Property Xpress) - Regions group of companies, which is developing Europe’s largest children’s theme park, Dream Island in ...   read more
Unfinished Building Changes Owners in Slovenia
March 15, 2017, 12:52, (Property Xpress) - Slovenia’s Bank Asset Management Company (BAMC) has bought at auction an 81 pct stake in an unfinished ...   read more
Immofinanz to Sell Moscow Shopping Center Portfolio in 2017
March 15, 2017, 11:44, (Property Xpress) - Vienna-based real estate group Immofinanz is taking a new step in the sale of its Russian portfolio. A ...   read more
Groundbreaking Held for 17,000 Sq. m Office Building in Skopje
March 15, 2017, 11:07, (Property Xpress) - A groundbreaking ceremony to mark the construction start for a 17,000 sq. m office building was held on March ...   read more
Osnova Group to Develop Fiztech XXI Second Phase
March 15, 2017, 10:14, (Property Xpress) - Osnova Group, created by the founder and former owner of Morton Group, Alexander Ruchyev, is organizing a pool ...   read more
Lithuanian Investors to Build Courtyard by Marriott Hotel in Bucharest
March 15, 2017, 9:48, (Property Xpress) - A group of Lithuanian investors, who control the four-star Europa Royale Hotel at the entrance to the old ...   read more
MR Group to Develop High-rise Complex within Dmitrovskaya TPU
March 14, 2017, 18:07, (Property Xpress) - Russian company MR Group will develop a 191-m multifunctional complex within Dmitrovskaya transport hub (TPU), ...   read more

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