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Umaco Transfers Moscow Hotel to Creditors
November 25, 2015, 9:33, (Property Xpress) - Hotel chain Umaco, controlled by former Sochi mayor Alexander Udalov, has been forced to cede one of its ...   read more
Galaxy Investment Group to Acquire Hilton Sofia
November 25, 2015, 9:09, (Property Xpress) - Plovdiv construction and real estate company Galaxy Investment Group, owned by Anton Shterev and Atanas ...   read more
RUB 700 mln Grant Approved for Transport and Logistics Complex in Primorsky Krai
November 24, 2015, 15:20, (Property Xpress) - The Far East Development Fund has approved the allocation of RUB 700 mln for construction of a transport and ...   read more
Aco Djukanovic to Develop Seven-Story Building in Podgorica
November 24, 2015, 14:58, (Property Xpress) - Businessman Aco Djukanovic, brother of Prime Minister Milo Djukanovic, has received permission from the ...   read more
Moscow Approves Plan for Nekrasovka Transport Hub
November 24, 2015, 13:58, (Property Xpress) - The Urban Land Commission of the Government of Moscow has approved a draft plan for a 31.2 ha area in the ...   read more
Montenegro Receives EUR 720 mln from Tourism in 9M’2015
November 24, 2015, 13:48, (Property Xpress) - Montenegro lacks hotels with three or more stars and construction of such hotels is one of the prerequisites ...   read more
IKEA to Start Work on 150,000 Sq. m Russian Shopping Mall Project
November 24, 2015, 13:17, (Property Xpress) - Swedish IKEA will begin construction of a 150,000 sq. m Mega shopping and entertainment center in the city of ...   read more
NEPI Places EUR 400 mln Bond Issue
November 24, 2015, 12:54, (Property Xpress) - South African investment fund New Europe Property Investments (NEPI), one of the largest real estate investors ...   read more
Fairmont Withdraws from Plans to Manage Moscow Peking Hotel
November 24, 2015, 12:20, (Property Xpress) - Luxury hotel chain Fairmont Hotels & Resorts will not manage the future five-star Peking Hotel in Moscow, ...   read more
Vastint Romania Obtains Permit for Second Real Estate Project
November 24, 2015, 11:57, (Property Xpress) - Vastint Romania, the real estate arm of the Swedish furniture giant IKEA, has obtained a building permit for ...   read more
Chinese Developer Teams up with Sistema, to Invest USD 1.6 Bln in Russia
November 24, 2015, 11:11, (Property Xpress) - Chinese state-owned real estate company Zhong Jin Yin Di City Development is investing CHY 10 bln (USD 1.56 ...   read more
Croatian Hotel Company Sets HRK 430 mln Investment Program
November 24, 2015, 10:53, (Property Xpress) - A Croatian hotel company will invest HRK 430 mln this year, including HRK 300 mln for construction of a new ...   read more
Moscow Shopping Mall Development Project Changes Owners
November 24, 2015, 9:51, (Property Xpress) - The Federal Antimonopoly Service of the RF (FAS) has approved the sale of a 51 pct stake in development ...   read more
Nusco to Invest in Bucharest Residential Development Project
November 24, 2015, 9:08, (Property Xpress) - Italian real estate developer Nusco, which earlier this year received EUR 46 mln from the sale of Nusco Tower ...   read more
PIK Group to Develop Housing near Salaryevo TPU
November 23, 2015, 16:53, (Property Xpress) - The Federal Antimonopoly Service of the RF (FAS) has allowed PIK Group to acquire 100 pct of the shares of AO ...   read more
Impact Borrows RON 50 mln for Bucharest Residential Development
November 23, 2015, 16:12, (Property Xpress) - Romanian real estate company Impact Developer & Contractor (IMP), controlled by businessman Gheorghe Iaciu, ...   read more
Update: Business District to Appear near Lakhta Center in St. Petersburg
November 23, 2015, 15:37, (Property Xpress) - In addition to Lakhta Center high-rise project, currently under development in St. Petersburg, Gazprom intends ...   read more
Erste Group Announces Groundbreaking for Belgrade Office Project
November 23, 2015, 15:05, (Property Xpress) - Erste Group will hold a groundbreaking ceremony for its Sirius Offices project in the Serbian capital on ...   read more
Moscow Approves Plan for Ulitsa Dmitrievskogo Transport Hub
November 23, 2015, 14:07, (Property Xpress) - The Urban Land Commission of the Government of Moscow has approved a draft plan for a 43.2 ha area in the east ...   read more
Lidl to Invest EUR 40 mln in Croatia
November 23, 2015, 13:48, (Property Xpress) - Lidl Hrvatska, the Croatian unit of Germany’s discount retailer Lidl, today announced plans to invest EUR 40 ...   read more
Contractor Sought for St. Petersburg Metro Line Section
November 23, 2015, 13:30, (Property Xpress) - St. Petersburg authorities have announced a competition to select a contractor for construction of ...   read more
Building Materials Hypermarket Planned in Ukraine
November 23, 2015, 13:20, (Property Xpress) - A building materials hypermarket is planned to be built on a 12.7 ha site at 77, Kievskaya Street, near Global ...   read more
Hotel and Parking to Appear within Paveletskaya Transport Hub
November 23, 2015, 12:55, (Property Xpress) - The total area of the planned Paveletskaya transport interchange hub (TPU) in the center of Moscow will be ...   read more
Debenhams to Debut in Croatia
November 23, 2015, 12:38, (Property Xpress) - British department store chain Debenhams will enter the Croatian market in 2016 with two store openings, in ...   read more
MDMG to Invest RUB 1.3 Bln in Hospital Expansion Project
November 23, 2015, 12:11, (Property Xpress) - Moscow-based MD Medical Group (MDMG), owner of Mat i Ditya (Mother and Child) chain of hospitals, has signed a ...   read more

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