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AFI Development Reports Two-Fold Increase in Net Profit
May 21, 2013, 11:16, (Property Xpress) - Israeli real estate company AFI Development reported a two-fold increase in net profit for the first quarter ...   read more
Update: Budhouse Group Acquires Stake in Shopping Mall Project
May 21, 2013, 10:54, (Property Xpress) - Kiev-based real estate development company Budhouse Group will close a deal to acquire a minority stake in ...   read more
Sberbank to Sell East Tower Loan to Roman Trotsenko
May 21, 2013, 10:17, (Property Xpress) - Sberbank may sell rights to a loan, used for completion of ‘East’ Tower in MIBC Moscow-City to Roman ...   read more
Four Star Hotel Goes to Sale in Bulgaria
May 21, 2013, 9:32, (Property Xpress) - A four star business hotel, with a total area of approximately 7,000 sq. m, will be put for sale in the ...   read more
140,000 Sq. m Nizhny Novgorod Shopping Center to Open in 2014
May 21, 2013, 8:54, (Property Xpress) - Construction of a large shopping and entertainment center with water zone is to be completed in late spring ...   read more
AFI Europe to Build Second Bucharest Mall, Mulls New Development Project
May 21, 2013, 8:26, (Property Xpress) - AFI Europe has obtained the building permit for its second shopping mall project in the Romanian capital, in ...   read more
Azimut to Manage Sochi Hotel Complex
May 21, 2013, 7:48, (Property Xpress) - Azimut Hotels Company has signed an agreement with Top Project, a member of Renova group companies, to manage ...   read more
Croatian Hotels to undergo EUR 26 mln Renovation Program
May 21, 2013, 7:29, (Property Xpress) - A Croatian hotel owner and operator will spend HRK 200 mln (EUR 26 mln) to renovate and upgrade several ...   read more
Foundation Laid for Lustica Bay Project in Montenegro
May 20, 2013, 15:55, (Property Xpress) - The foundation stone to mark the official start of the first construction stage of Lustica Bay resort in Tivat ...   read more
Kaufland Eyes Location for New Bulgarian Store
May 20, 2013, 15:23, (Property Xpress) - Kaufland hypermarket chain, part of Germany’s Schwartz Group, has declared an intention to buy a 1.5 ha ...   read more
Cora Romania Reports Flat Sales for 2012 FY
May 20, 2013, 14:44, (Property Xpress) - French-Belgian Cora retail chain, controlled by Louis Delhaize Group, expanded its Romanian chain of ...   read more
MirLand Signs USD 19 mln Refinance Deal
May 20, 2013, 14:10, (Property Xpress) - MirLand Development Corporation, controlled by Israeli investment holding Fishman Group, today announced its ...   read more
Underground Car Parks to Appear in Sofia
May 20, 2013, 13:44, (Property Xpress) - Several underground car parks, with a total capacity of 2,400 parking spaces, are planned to be built in the ...   read more
Samsung Electronics to Expand R&D Center in Ukraine
May 20, 2013, 12:59, (Property Xpress) - Samsung Electronics Ukraine has officially opened two research and development (R&D) centers in the country, ...   read more
Italian Investors to Build Housing, Commercial Real Estate in Russian Region
May 20, 2013, 12:42, (Property Xpress) - Italian investors will implement a comprehensive housing and commercial real estate development project near ...   read more
Consultant Sought for Project Documentation Preparation in Croatia
May 20, 2013, 12:17, (Property Xpress) - A consultant to prepare all technical documentation needed to obtain necessary building permits for ...   read more
Moscow Extends Term for Office Development
May 20, 2013, 11:54, (Property Xpress) - Moscow city authorities have extended the completion deadline for a multifunctional office complex, including ...   read more
Multifunctional Sports Arena Planned for Craiova, Romania
May 20, 2013, 11:02, (Property Xpress) - Craiova Mayor Lia Olguta Vasilescu has presented a new sports arena project, to be built in place of the ...   read more
General Contractor Appointed for Russia Engine Plant Project
May 20, 2013, 10:29, (Property Xpress) - A German engineering company has announced it has been appointed general contractor for construction of ...   read more
Slovenia Approves EUR 25 mln Subsidy for Ljubljana Emonika Passenger Center
May 20, 2013, 10:13, (Property Xpress) - The Slovenian Government will provide EUR 25 mln in subsidy to the Hungarian developer TriGranit for its EUR ...   read more
Yekaterinburg Department Store to Open in 2014
May 20, 2013, 9:16, (Property Xpress) - Yekaterinburg’s Passage department store will open in the third quarter of 2014, following an extensive ...   read more
Metro Cash & Carry Bulgaria Sees Revenue Decline in 2012
May 20, 2013, 9:05, (Property Xpress) - The Bulgarian subsidiary of Metro Cash & Carry, part of Germany’s Metro Group, registered a revenue decline ...   read more
Millhouse to Present New Holland Project in Autumn
May 20, 2013, 8:04, (Property Xpress) - The final draft of the project to reconstruct the ‘New Holland’ territory in the city center of St. ...   read more
Serbia to Seek Investors for Mountain Resort Project
May 20, 2013, 7:34, (Property Xpress) - A public call to select private investors who want to invest in building hotels in a newly created mountain ...   read more
IKEA to Start Construction of First Croatia Store
May 17, 2013, 12:58, (Property Xpress) - Swedish furniture giant IKEA is expected to soon begin construction of its first store in Croatia. "We are ...   read more

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