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AFI Development Reports USD 6.0 mln Net Profit in Q1’2015
June 01, 2015, 9:30, (Property Xpress) - AFI Development, the Russian development arm of Africa-Israel Investments, posted a USD 6.0 mln profit in the ...   read more
Delta Plans Real Estate Project in Serbia
June 01, 2015, 8:25, (Property Xpress) - Serbian developer Delta Real Estate, part of Delta Holding, which in turn is owned by local businessman ...   read more
EPH Raises USD 135 mln via Bonds
June 01, 2015, 7:59, (Property Xpress) - Eastern Property Holdings (EPH) has announced it has raised USD 135 mln via a new nine-year bond issue at a ...   read more
Absolut to Build 1.4 million Sq. m of Real Estate in Vatutinki
May 29, 2015, 12:58, (Property Xpress) - OOO Absolut plans to build a multifunctional residential complex on 117 ha of land, near the village of ...   read more
Lidl Romania Turnover Nears EUR 1.0 Bln Level
May 29, 2015, 12:55, (Property Xpress) - German retailer Lidl has now reached a chain of almost 190 discount stores in Romania compared with 107 in ...   read more
Kastamonu Invests USD 200 mln in Russian Plant
May 29, 2015, 12:33, (Property Xpress) - Turkish company Kastamonu has started construction of a wood processing plant on a 70 ha area in the special ...   read more
Developer Borrows RON 25 mln for Bucharest Residential Project
May 29, 2015, 12:24, (Property Xpress) - A Romanian developer has signed two credit agreements, worth a total of RON 24.8 mln, with local banking group ...   read more
Science and Technology Park Project Presented in Russia
May 29, 2015, 12:00, (Property Xpress) - A 40,000 sq. m science and technology park project was discussed today at a meeting of the Investment Board ...   read more
Liviu Tudor to Expand Bucharest Business Parks
May 29, 2015, 11:34, (Property Xpress) - Romanian businessman Liviu Tudor, controlling West Gate (Militari) and Novo Park (Pipera) business parks in ...   read more
Moscow Postpones Auction for TSUM Department Store
May 29, 2015, 11:06, (Property Xpress) - Moscow city authorities have again postponed the auction to sell a third of the Central Department Store ...   read more
Dubrovnik Hotel to Change Owners
May 29, 2015, 10:50, (Property Xpress) - A three-star hotel, located three-km from the historic center of Dubrovnik, is in the process of changing ...   read more
Moscow Gives Nod for 70,000 Sq. m Logistics Center Project
May 29, 2015, 10:05, (Property Xpress) - At its May 28 session, the Urban Land Commission of the Government of Moscow approved plans for construction ...   read more
Croatian Company Plans Five-Star Hotel Project in Downtown Zagreb
May 29, 2015, 9:33, (Property Xpress) - A Croatian company is planning to create a luxury five-star hotel in the very center of Zagreb on the basis of ...   read more
IKEA to Upgrade, Expand Moscow Shopping Malls
May 29, 2015, 8:40, (Property Xpress) - Swedish furniture manufacturer and retailer IKEA is planning to invest up to EUR 200 mln in increasing the ...   read more
Zemun Retail Park Opens in Belgrade
May 29, 2015, 8:11, (Property Xpress) - The first phase of Zemun Retail Park opened on May 28 on the outskirts of the Serbian capital, following a EUR ...   read more
Kesko Opens Seventh K-ruoka Store in Russia
May 28, 2015, 16:06, (Property Xpress) - Kesko, Finland’s second largest grocery retailer, opened today its seventh K-ruoka store in Russia. It is ...   read more
Krasnoyarsk to Privatize Three-Star Hotel
May 28, 2015, 15:25, (Property Xpress) - The government of the Krasnoyarsk Territory intends to sell a controlling 51 pct stake in OAO Oktyabrskaya ...   read more
New Office Building Planned in Bucharest
May 28, 2015, 13:44, (Property Xpress) - A new project, involving construction of a 10-story office building with retail premises, was presented on ...   read more
VTB Bank Opens RUB 500 mln Credit Line to Developer
May 28, 2015, 12:55, (Property Xpress) - Russian state-owned banking group VTB has opened a RUB 520 mln four-year credit line to St. Petersburg-based ...   read more
Kiev Terminates Land Lease Deal for Shopping Mall
May 28, 2015, 12:40, (Property Xpress) - At its today’s session, Kiev City Council made a decision to terminate a lease agreement for a 0.77 ha land ...   read more
M.Video Signs Lease for 2,000 Sq. m Store at Regional Shopping Mall
May 28, 2015, 12:24, (Property Xpress) - Russian company M.Video, operating a chain of electronics and home appliance stores, will become one of the ...   read more
Investbank Opens EUR 12 mln Loan to Piccadilly
May 28, 2015, 12:14, (Property Xpress) - Bulgaria’s Investbank has opened a EUR 11.8 mln loan to Piccadilly, operating a retail chain of the same ...   read more
St. Petersburg to Sell Land for Residential Projects
May 28, 2015, 11:41, (Property Xpress) - The Property Fund of St. Petersburg has scheduled an auction for June 3 to sell two land plots for ...   read more
Building Permit Issued for Boutique Hotel in Montenegro
May 28, 2015, 10:53, (Property Xpress) - Montenegro’s Ministry of Sustainable Development and Tourism has issued permission for construction of a ...   read more
Andrei Rogachev to Reconstruct Moscow Agricultural Markets
May 28, 2015, 9:58, (Property Xpress) - Andrei Rogachev, founder of Pyaterochka chain of discount stores and owner of grocery retailer Verny, has ...   read more

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