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Lenta First-Half Net Profit up 5.0 Pct
September 04, 2014, 14:50, (Property Xpress) - Russian food retailer Lenta said its first-half net profit increased by 4.9 pct to RUB 2.7 bln compared to the ...   read more
French Company to Build Serbian Production Facility
September 04, 2014, 14:18, (Property Xpress) - A French company is interested in establishing a new greenfield manufacturing facility in Serbia, which is ...   read more
Tehnosila and Technoshock Sign Merger Deal
September 04, 2014, 12:58, (Property Xpress) - Russian consumer electronics retailer Tehnosila has received the assets of St. Petersburg-based Technoshock, ...   read more
Hanner Invests EUR 37 mln in Bucharest Housing Development
September 04, 2014, 12:50, (Property Xpress) - Lithuanian real estate developer Hanner Group is developing a EUR 37 mln residential project of 460 apartments ...   read more
Praktika Development to Manage Mari Shopping Center
September 04, 2014, 11:59, (Property Xpress) - Praktika Development, founded by Sergey Gordeev, may become owner of the almost completed Mari shopping center ...   read more
JYSK Keeps Expansion Plans for Ukraine
September 04, 2014, 11:36, (Property Xpress) - Denmark’s home furnishing retailer JYSK has opened 12 new stores in Ukraine since 2013, when it began to ...   read more
Construction to Start on 100,000 Sq. m Shopping Mall in Russia
September 04, 2014, 10:53, (Property Xpress) - Construction of a shopping and entertainment center, with a total area of more than 100,000 sq. m, is ...   read more
Former Pioneer Station in Sofia up for Sale
September 04, 2014, 10:09, (Property Xpress) - Bulgaria’s caretaker Transport Minister Nikolina Angelkova has issued an order to sell part of the site of ...   read more
Pharmaceutical Firm Rents 18,500 Sq. m at Moscow Logistics Center
September 04, 2014, 9:37, (Property Xpress) - Pharmaceutical company ‘Pulse’ has rented an 18,500 sq. m area at the A-class ‘Khimki’ administrative ...   read more
High-rise Mixed-use Building to Appear in Zagreb
September 04, 2014, 9:25, (Property Xpress) - Construction of a high-rise hotel and apartment building is scheduled to begin in 2015 in the Croatian ...   read more
PIK Group Strategy Shifts
September 04, 2014, 8:38, (Property Xpress) - Russian residential real estate developer PIK Group is changing its strategy for 2014-2017. The new plan is ...   read more
Real Estate Developer Reorganizes Romanian Portfolio
September 04, 2014, 8:16, (Property Xpress) - A real estate developer active in Central and Eastern Europe has signed an agreement to sell a 31,500 sq. m ...   read more
Gulf Investors Interested in Spa Center Project in Serbia
September 03, 2014, 17:12, (Property Xpress) - After potential investors from Austria, Hungary and Russia, interest in investing in the Serbian northern town ...   read more
Food Retail Group to Open Second Maza Park in St. Petersburg
September 03, 2014, 16:22, (Property Xpress) - Russia’s Food Retail Group, founded by Mikhail Tevelev and Evgeny Kadomsky, plans to open an amusement park ...   read more
Prodplast to Start Shopping Center Construction in September
September 03, 2014, 14:30, (Property Xpress) - Prodplast Imobiliare, controlled by businessman Florin Pogonaru, will start next week construction of its ...   read more
Moscow to Sell Stake in Port City
September 03, 2014, 13:59, (Property Xpress) - Moscow city authorities have scheduled an auction for October 28 to sell an 8.7 pct stake in OAO Port City, ...   read more
Update: 200-Room Resort Hotel up for Sale in Montenegro
September 03, 2014, 12:55, (Property Xpress) - The owner of a four-star hotel complex in Montenegro has put a majority 75.01 pct stake in the property for ...   read more
Lenta to Build New Store in Novosibirsk
September 03, 2014, 12:34, (Property Xpress) - Russian grocery retailer Lenta has closed a deal to acquire a 4.0 ha land plot in Novosibirsk for construction ...   read more
Land for EUR 13 mln Golf Project Purchased in Bulgaria
September 03, 2014, 12:22, (Property Xpress) - A large area, of nearly 20 ha, has been purchased for construction of a golf course with 18 holes near Sofia. ...   read more
Telman Ismailov Could Lose Land for Apart-Hotel in Central Moscow
September 03, 2014, 11:55, (Property Xpress) - Telman Ismailov could lose a 0.3 ha land plot at the intersection of Vozdvizhenka Street and Nikitsky ...   read more
Discount Retailer to Expand into Romania
September 03, 2014, 11:26, (Property Xpress) - An international discount retailer of clothing, footwear and household items, with stores in small to ...   read more
Moscow Gives Green Light for 24,600 Sq. m Residential Project
September 03, 2014, 10:47, (Property Xpress) - At its August 28 meeting, the Urban Land Commission of the Government of Moscow approved the issuance of an ...   read more
Rekreaturs to Develop Tourist Complex in Kamenovo
September 03, 2014, 10:31, (Property Xpress) - Budva-based Rekreaturs, controlled by businessman Dusko Knezevic, has submitted a request to the Ministry of ...   read more
Russian Company to Cut Costs by Moving Staff
September 03, 2014, 9:21, (Property Xpress) - A state-owned Russian company is planning to relocate its Moscow administrative and management departments to ...   read more
Update: Mercator Takeover Completed
September 03, 2014, 8:47, (Property Xpress) - Croatian Agrokor today announced it has acquired an additional 27.63 pct interest in Poslovni Sistem Mercator, ...   read more

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