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Kesko to Triple Intersport Chain in Russia
December 01, 2015, 11:11, (Property Xpress) - Finnish retailer Kesko, operating a chain of Intersport sporting good stores, intends to triple its Russian ...   read more
AFI Europe Romania Borrows EUR 6.0 mln from Raiffeisen Bank
December 01, 2015, 10:38, (Property Xpress) - Israeli real estate developer AFI Europe has obtained an additional EUR 6.0 mln loan from Raiffeisen Bank ...   read more
St. Petersburg Increases Height Limit for 85,000 Sq. m Mixed-use Center
December 01, 2015, 9:44, (Property Xpress) - The St. Petersburg Committee for Urban Planning and Architecture has agreed to increase the height limit from ...   read more
FairPlay to Develop Sofia Office Building
December 01, 2015, 9:19, (Property Xpress) - Investment company FairPlay International will build a ten-story office building on the site of the former ...   read more
Innopolis to Seek New Investor for Mixed-use Shopping Center
November 30, 2015, 17:19, (Property Xpress) - The Russian town of Innopolis will be seeking a new investor for construction of a multifunctional shopping ...   read more
Beau Monde Group Rents Space at Kiev Central Department Store
November 30, 2015, 16:37, (Property Xpress) - Beau Monde Group, developing a chain of perfumery and cosmetics stores in Ukraine and a member of Russia’s ...   read more
Moscow to Sell 30 Pct Stake in TSUM to Arkada Holding
November 30, 2015, 16:16, (Property Xpress) - The new owner of one-third of the Moscow Central Department Store (TSUM), i.e. a 12,270 sq. m non-residential ...   read more
InterContinental Hotels to Open Second Crowne Plaza Unit in Serbia
November 30, 2015, 16:00, (Property Xpress) - InterContinental Hotels Group (IHG), one of the world's leading hotel companies, has announced the official ...   read more
Maxi Development Opens Shopping Center in Tula
November 30, 2015, 13:59, (Property Xpress) - Vologda-based Maxi Development has opened the first phase of its 106,000 sq. m Maxi shopping and entertainment ...   read more
Residential Complex to Replace Abandoned Barracks in Belgrade
November 30, 2015, 13:54, (Property Xpress) - The site of the former Aleksa Dundic barracks in Belgrade will be used for construction of a residential ...   read more
Unfinished Hotel Project Sold to Creditors
November 30, 2015, 13:21, (Property Xpress) - An unfinished Marriott hotel in the center of Omsk has been sold for RUB 148 mln to the main creditor of the ...   read more
Polish Fund Exits Investment in Ukrainian Retail Chain
November 30, 2015, 13:01, (Property Xpress) - A Polish investment fund has sold its controlling interest in the Ukrainian chain of supermarket and ...   read more
Riga Mall to Open in Q2’2016
November 30, 2015, 12:24, (Property Xpress) - Riga Mall shopping center, currently under development on Novorizhskoe Highway in the northwest of Moscow, ...   read more
HRK 50 mln Resort Development under Implementation in Croatia
November 30, 2015, 11:51, (Property Xpress) - The first, HRK 50 mln development phase of a tourism project aimed at revitalizing the Croatian Island of ...   read more
Turkish Elite World Hotels Retains Plans to Develop Russian Chain
November 30, 2015, 11:08, (Property Xpress) - Elik World Hotels Rus, part of Turkish luxury hotel chain Elite World Hotels, is retaining plans to build two ...   read more
Europa Capital, RPF Development to Start Work on New Bucharest Project
November 30, 2015, 10:39, (Property Xpress) - Europa Capital investment fund and Bucharest-based real estate developer RPF Development, controlled by U.S. ...   read more
Yandex to Acquire Moscow Office Space
November 30, 2015, 9:41, (Property Xpress) - Internet company Yandex is in talks with KR Properties, owner of Krasnaya Roza 1875 (Red Rose 1875) business ...   read more
Intesa Sanpaolo’s Serbian Unit Acquires Belgrade Office Building
November 30, 2015, 9:17, (Property Xpress) - Serbian Banca Intesa, part of Italy’s Intesa Sanpaolo banking group, has announced signing an agreement to ...   read more
Detsky Mir to Hold IPO in Spring
November 27, 2015, 11:59, (Property Xpress) - Detsky Mir, owned by AFK Sistema, may hold an initial public offering (IPO) in spring 2016, AFK Sistema ...   read more
Two Hotels up for Sale in Bulgaria
November 27, 2015, 11:58, (Property Xpress) - Two hotels on the Bulgarian Black Sea coast, featuring four and five stars, have been put for sale. The five ...   read more
NLB Banking Group Takes over Montenegro Hotel
November 27, 2015, 11:51, (Property Xpress) - NLB Interfinanz Zurich, Nova Ljubljanska Banka and NLB Montenegro have taken over Becici-based Tara Hotel, a ...   read more
Moscow Announces Auction for Alma-Atinskaya Transport Hub
November 27, 2015, 11:50, (Property Xpress) - Moscow authorities will hold an auction in February to sell the right to lease land for construction of ...   read more
Developer to Resume Work on 17,000 Sq. m Sofia Office Building
November 27, 2015, 11:05, (Property Xpress) - A real estate developer intends to start work on an A-class office building with a total area of 17,200 sq. m, ...   read more
Moscow Storage Center Set to Increase to 36,000 Sq. m
November 27, 2015, 11:03, (Property Xpress) - At its today’s meeting, the Urban Land Commission of the Government of Moscow approved a development plan ...   read more
Investment Firms Interested in Acquiring Moscow Voentorg Building
November 27, 2015, 10:24, (Property Xpress) - The owner of Vozdvizhenka Center multifunctional business center, formerly Voentorg, Torgovy Dom TSVUM, has ...   read more

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