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Billa Bulgaria Reports Double-Digit Revenue Growth in 2015
April 18, 2016, 12:18, (Property Xpress) - Bulgarian Billa supermarket chain, part of Germany’s REWE Group, generated sales revenues of over BGN 683 ...   read more
Immofinanz and CA Immo Announce Merger Deal
April 18, 2016, 11:18, (Property Xpress) - Austrian real estate companies Immofinanz and CA Immo today announced a planned merger deal aimed at creating ...   read more
Immofinanz and CA Immo Announce Merger Deal
April 18, 2016, 11:16, (Property Xpress) - Austrian real estate companies Immofinanz and CA Immo today announced a planned merger deal aimed at creating ...   read more
Auchan to Invest RUB 17 Bln in Russia Expansion
April 18, 2016, 10:43, (Property Xpress) - Auchan is planning to invest more than RUB 17 bln this year to expand its retail business in Russia. During ...   read more
Globalworth Commissions Bucharest Office Tower, Reports 55 Pct Portfolio Value Increase in 2015
April 18, 2016, 10:00, (Property Xpress) - Globalworth Real Estate Investments, a company controlled by Greek businessman Ioannis Papalekas, has managed ...   read more
RosEvroDevelopment to Spend USD 300 mln on Shopping Center Acquisitions
April 18, 2016, 8:53, (Property Xpress) - RosEvroDevelopment plans to spend about USD 100 mln to acquire shopping centers in Moscow and the regions, ...   read more
Stratex and MK Group Join Forces to Invest in Montenegro
April 18, 2016, 8:39, (Property Xpress) - Stratex Group and MK Group have announced a partnership in order to jointly invest in Budvanska Rivijera ...   read more
Moscow Region Allocates 14,000 Ha for Commercial Real Estate
April 15, 2016, 12:56, (Property Xpress) - Land plots, with a total area of about 14,000 ha, have been reserved for construction of commercial real ...   read more
Update: 30,000 Sq. m GLA Shopping Mall Planned in Romania
April 15, 2016, 12:49, (Property Xpress) - A Romanian company is in the process of obtaining zoning plan (PUZ) approval for a shopping and entertainment ...   read more
Moscow Developer Starts Work on Apart-Hotel in Yekaterinburg
April 15, 2016, 12:31, (Property Xpress) - A Moscow-based company has begun construction of a 32-story business-class apart-hotel with two level ...   read more
Belgrade Tower Project Breaks Ground in Serbia
April 15, 2016, 11:06, (Property Xpress) - The foundation stone to mark the construction start for Belgrade Tower, part of the Belgrade Waterfront ...   read more
Ingrad in Talks to Acquire Moscow Residential Project
April 15, 2016, 10:22, (Property Xpress) - Investment and development group Ingrad, specializing in housing construction in the Moscow region, is in ...   read more
Agrokor to Divest Retail Assets in Slovenia
April 15, 2016, 9:52, (Property Xpress) - Croatia’s food producer and retailer Agrokor, owned by businessman Ivica Todoric, plans to sell a total of ...   read more
St. Petersburg Approves Concept for Hilton Hotel Project
April 15, 2016, 8:54, (Property Xpress) - The St. Petersburg Cultural Heritage Council has approved a concept for a Hilton hotel project on the basis of ...   read more
Enterprise Investors Acquires Romanian Toy Retailer Noriel
April 15, 2016, 8:31, (Property Xpress) - Polish Enterprise Fund VII, a private equity fund managed by Enterprise Investors (EI), has signed an ...   read more
Developer Starts Work on Mixed-use Shopping Center in Romania
April 14, 2016, 14:41, (Property Xpress) - Excavation work has begun on the first phase of a 147,000 sq. m multifunctional shopping, residential and ...   read more
Multi-Purpose Car Park, Residential Building to Appear in St. Petersburg
April 14, 2016, 14:21, (Property Xpress) - A multi-purpose building will be built as part of ‘I - romantic’ residential complex, designed by Sergey ...   read more
Orascom Posts EUR 17 mln in Revenue from Montenegro Operations
April 14, 2016, 13:58, (Property Xpress) - Switzerland-based Orascom Development Holding, developer of Lustica Bay resort in Montenegro, posted CHF 18.9 ...   read more
Bucharest Office Building Put up for Sale
April 14, 2016, 12:44, (Property Xpress) - Having sold Victoria Center office building and a 41 pct stake in City Gate complex in Bucharest last year ...   read more
Magnit to Build Distribution Center in Arkhangelsk
April 14, 2016, 12:17, (Property Xpress) - Russia’s largest retailer, Magnit, is planning to build a regional distribution center in Arkhangelsk ...   read more
St. Petersburg Supports RUB 4.5 Bln Plant Project
April 14, 2016, 11:42, (Property Xpress) - The St. Petersburg government has supported a RUB 4.5 bln project to build a plant for production of drugs ...   read more
IKEA Starts Work on EUR 70 mln Serbian Retail Center
April 14, 2016, 11:13, (Property Xpress) - Swedish furniture manufacturer and retailer IKEA has laid the foundation stone for its first department ...   read more
USC Rents 6,000 Sq. m of Office Space at Moscow Business Center
April 14, 2016, 10:31, (Property Xpress) - The United Shipbuilding Corporation (USC) has rented about 6,000 sq. m of space at Legion II business center ...   read more
New Shopping Center Planned in Kharkov, Ukraine
April 14, 2016, 9:58, (Property Xpress) - A shopping and entertainment center, called Butterfly, is planned to be built in Kharkov, at the intersection ...   read more
Sberbank Selects Contractor for Data Center in Skolkovo
April 14, 2016, 8:58, (Property Xpress) - Sberbank has chosen ZAO Engineering Systems and Service as general contractor for construction of a data ...   read more

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