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Marks & Spencer to Exit Romania
November 08, 2016, 16:18, (Property Xpress) - British clothing retailer Marks & Spencer (M&S) intends to close its stores in Romania. The company will exit ...   read more
ADG Group to Build Mixed-use Complexes in Moscow
November 08, 2016, 13:58, (Property Xpress) - ADG Group plans to convert 39 cinemas in Moscow, bought from the city government in 2014, into ‘smart ...   read more
TGI Middle East FZE to Take Control of Technomarket Retail Chain
November 08, 2016, 13:46, (Property Xpress) - Dubai-based TGI Middle East FZE is seeking approval from Bulgaria’s Commission for Protection of Competition ...   read more
St. Petersburg Plans 20 New Hotels by 2021
November 08, 2016, 13:36, (Property Xpress) - Twenty new hotels will be built in St. Petersburg by 2021, according to a development program for the hotel ...   read more
Chinese Investors Purchase Two Romanian Hotel Sites
November 08, 2016, 13:13, (Property Xpress) - Two derelict hotels in Romania’s Saturn resort, ‘Alfa’ and ‘Beta’, have been purchased by Chinese ...   read more
Renova Structures Interested in Three Russian Airports
November 08, 2016, 12:50, (Property Xpress) - Viktor Vekselberg’s holding Airports of Regions, part of Renova Group, is interested in Russian airports ...   read more
Coca-Cola Expands Lease Contract for Sofia Office Building
November 08, 2016, 12:23, (Property Xpress) - Coca-Cola Hellenic Bottling Company Bulgaria has renegotiated and expanded from 7,500 sq. m to 9,300 sq. m its ...   read more
Piterlend Signs Lease with Children’s Theme Park Operator
November 08, 2016, 10:45, (Property Xpress) - St. Petersburg’s Piterlend shopping and entertainment center, owned by billionaire Alexander Kozhin, will ...   read more
Primorje to Spend EUR 5.0 mln on Planinka Hotel Reconstruction
November 08, 2016, 10:26, (Property Xpress) - Tivat-based Primorje Hotels & Restaurants will start reconstruction work on its Planinka hotel in Zabljak in ...   read more
Citadines Mulls Russian Entry
November 08, 2016, 10:12, (Property Xpress) - International apart-hotel chain Citadines, part of Singapore’s Ascott Group, plans to enter the Russian ...   read more
German Businessman to Invest EUR 17 mln in Croatian Hotel Development Project
November 08, 2016, 9:44, (Property Xpress) - A German businessman intends to allocate EUR 17 mln to develop a 100-room hotel on the Croatian Adriatic ...   read more
Sheremetyevo Airport to Lease VIP-Lounges for RUB 4.0 bln
November 07, 2016, 16:00, (Property Xpress) - Russia’s Sheremetyevo International Airport will lease Terminal D’s VIP-lounges for 10 years. The contract ...   read more
Leoni Announces Tender for Serbian Plant Project
November 07, 2016, 15:41, (Property Xpress) - Germany’s cable and harnessing manufacturer Leoni is seeking a contractor for construction of a new ...   read more
Concept Approved for 135,000 Sq. m Hotel and Business Center in Moscow Region
November 07, 2016, 15:06, (Property Xpress) - The Planning Board of the Moscow Region has approved a development concept for a 135,000 sq. m hotel and ...   read more
Slovenia Seeks Concessionaire for Maribor Airport
November 07, 2016, 14:34, (Property Xpress) - Slovenia is seeking a long-term concessionaire for the country’s Maribor Airport, to revive the traffic of ...   read more
Daimler Group to Invest EUR 300 mln in Russia
November 07, 2016, 13:58, (Property Xpress) - Daimler Group may invest at least EUR 300 mln in its plant in the Moscow suburbs, Russia’s Minister of ...   read more
TELUS International Rents 20,000 Sq. m of Sofia Office Space
November 07, 2016, 13:51, (Property Xpress) - TELUS International, Bulgaria’s largest employer in the outsourcing industry, will move next year into the ...   read more
Etalon Group Acquires Rights to Moscow Residential Project
November 07, 2016, 13:31, (Property Xpress) - Russia’s real estate development and construction company Etalon Group has signed a contract to acquire the ...   read more
Niro Investment in Talks to Sell, Lease Bucharest Historic Building
November 07, 2016, 13:21, (Property Xpress) - Niro Investment Group, which has completed the restoration of the historic Grand Hotel du Boulevard building, ...   read more
AFK Sistema to Acquire Nine Russian Hotels
November 07, 2016, 12:20, (Property Xpress) - AFK Sistema’s subsidiary Sistema Hotel Management has entered into a binding agreement to acquire 100 pct ...   read more
EUR 100 mln Golf Resort Project Gets Green Light in Croatia
November 07, 2016, 12:06, (Property Xpress) - A EUR 100 mln golf resort development in Croatia has obtained the green light from the local authorities. Last ...   read more
Moscow to Auction Land within Sviblovo and Profsoyuznaya Transport Hubs
November 07, 2016, 11:30, (Property Xpress) - Moscow authorities will auction three land plots within the boundaries of Sviblovo and Profsoyuznaya transport ...   read more
NEPI Acquires Arena Centar Mall in Zagreb for EUR 237.5 mln
November 07, 2016, 10:53, (Property Xpress) - South African investment fund New Europe Property Investments (NEPI) has acquired Arena Centar shopping mall ...   read more
Production and Logistics Complex to Appear in Moscow Region
November 07, 2016, 10:08, (Property Xpress) - The Planning Board of the Moscow Region has approved a development concept for a production and logistics ...   read more
GIC Acquires P3 Logistic Parks
November 07, 2016, 9:27, (Property Xpress) - Singapore sovereign wealth fund GIC has agreed to acquire P3 Logistic Parks, one of the largest specialized ...   read more

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