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Plaza Centers Files for Reorganization Proceedings
November 19, 2013, 9:06, (Property Xpress) - Plaza Centers has announced it has filed for reorganization proceedings with the District Court of Amsterdam ...   read more
Developer Signs 40,000 Sq. m Pre-Lease Deal
November 19, 2013, 8:35, (Property Xpress) - A property developer active in the Russian commercial real estate market has signed an agreement with a ...   read more
240,000 Sq. m St. Petersburg Housing Project to Break Ground in 2014
November 18, 2013, 16:27, (Property Xpress) - A St. Petersburg-based developer plans to start a housing project in the first quarter of next year. The ...   read more
Hilton Sofia Changes Owners
November 18, 2013, 16:08, (Property Xpress) - Bulgarian businessman Spas Rusev, co-owner of the five-star Radisson Blu Grand Hotel Sofia, has completed a ...   read more
Amstor Starts Work on Retail Center in Lviv
November 18, 2013, 15:33, (Property Xpress) - Ukrainian grocery chain Amstor, owned by Smart Holding, has begun preparatory work on a new 7,850 sq. m retail ...   read more
Developer Reports 60 Pct Occupancy for Moscow Mall Project, to Start 105,000 Sq. m Development in 2014
November 18, 2013, 15:18, (Property Xpress) - A Russian development company said its Moscow shopping center project is now 60 pct pre-let, with Lenta and ...   read more
200,000 Sq. m Multifunctional Complex to Appear near Moscow
November 18, 2013, 13:58, (Property Xpress) - A multifunctional shopping, logistics and industrial complex is planned to be developed in the Moscow suburban ...   read more
Update: Malaysian Billionaire to Join Croatia Resort Development
November 18, 2013, 13:48, (Property Xpress) - Malaysian businessman Vincent Tan plans to build a luxury hotel with villas in the Dubrovnik Tri Sestrice ...   read more
Boeing and VSMPO-Avisma to Build Second Plant
November 18, 2013, 13:32, (Property Xpress) - Aircraft maker Boeing and Russian VSMPO-Avisma, which established a joint venture company in 2007, will build ...   read more
Kiev Extends Lease Agreement for Retail/Office Center
November 18, 2013, 13:15, (Property Xpress) - Kiev City Council has renewed a lease agreement signed with Building Invest Group for a 1.1742 ha land area, ...   read more
Update: Russian Shopping Malls to Undergo Upgrade
November 18, 2013, 13:06, (Property Xpress) - A shopping mall owner and operator has unveiled plans to invest more that EUR 400 mln in expanding and ...   read more
Cluj-Napoca to Establish EUR 65 mln Cultural Center
November 18, 2013, 12:47, (Property Xpress) - Cluj-Napoca City Hall has completed a feasibility study regarding the creation of a EUR 65 mln multifunctional ...   read more
Sberbank Provides Funding for Moscow Office Development
November 18, 2013, 11:33, (Property Xpress) - The Srednerussky Bank of Sberbank of Russia has issued the first tranche of a RUB 4.2 bln 10-year credit ...   read more
UNIQA Real Estate Purchases Romania Office Building
November 18, 2013, 10:54, (Property Xpress) - UNIQA Real Estate, the real estate arm of Austrian insurance group UNIQA, has bought an office building in ...   read more
Developer to Replicate Regional Shopping Mall Concept in Moscow, Other Russian Cities
November 18, 2013, 10:20, (Property Xpress) - A Russian real estate development company is looking to acquire land for a fourth shopping and entertainment ...   read more
Kiev Park Inn Hotel Opening Moved to H1’2014
November 18, 2013, 9:40, (Property Xpress) - The opening of the Kiev Park Inn by Radisson Troyitska hotel has been moved to the first half of 2014 from the ...   read more
YIT St. Petersburg Starts EUR 70 mln Housing Project
November 18, 2013, 9:08, (Property Xpress) - Through its YIT St. Petersburg subsidiary, Finland’s YIT has started construction of a new residential ...   read more
Kardan Sells 27.75 Pct Stake in GTC for EUR 160 mln
November 18, 2013, 8:58, (Property Xpress) - Israeli Kardan group of companies, controlled by Yosef Grunfeld, Eitan Rechter, and Avner Schnur, has signed ...   read more
Bulgarian Contractor Wins EUR 3.0 mln Contract
November 15, 2013, 11:58, (Property Xpress) - A Bulgarian construction company has won a EUR 2.9 mln contract to build a multipurpose hall and sports ...   read more
Sibirsky Gigant Resumes Store Construction Projects
November 15, 2013, 11:55, (Property Xpress) - Sibirsky Gigant (Siberian Giant) is resuming construction of two Gigant hypermarkets, with an area of about ...   read more
Kiev Gives Green Light for Bionic Hill Construction
November 15, 2013, 11:44, (Property Xpress) - Kiev City Council has approved a change of the purpose of two land plots, with total area of 147.1 ha, at 1A, ...   read more
AFI to Develop 150,000 Sq. m Moscow Residential Compound
November 15, 2013, 11:38, (Property Xpress) - AFI Development has announced its MKPK subsidiary and the Moscow city authorities have signed an addendum to ...   read more
Rovio Selects Designer for Theme Park in Russia
November 15, 2013, 11:30, (Property Xpress) - Finland’s Rovio, the maker of the popular Angry Birds game, has selected a company to develop the concept ...   read more
Developer Wins Court Case for Land in Khimki
November 15, 2013, 11:24, (Property Xpress) - The Tenth Arbitration Appeal Court of Moscow overturned a decision of a lower court, which in August this ...   read more
Jumbo Enters Romania with Bucharest and Timisoara Stores
November 15, 2013, 11:02, (Property Xpress) - Greece’s biggest retail company of toys and baby products, Jumbo group, operating more than 60 hypermarkets ...   read more

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