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Newly Formed REIT Postpones IPO Plans
June 25, 2013, 8:38, (Property Xpress) - A newly established real estate investment vehicle has postponed its plan to hold an initial public offering ...   read more
Norman Asset Management Acquires Land for Retail Project
June 25, 2013, 7:56, (Property Xpress) - British Norman Asset Management (NAM) has acquired a 15.7 ha land plot in the Moscow suburban town of ...   read more
200,000 Sq. m Shopping Mall Planned in Ukraine
June 25, 2013, 7:42, (Property Xpress) - A six-story shopping and entertainment center, called ‘Central Park’, is to be built on a 1.1 ha site at ...   read more
Sberbank Supports Technopolis Moscow Project
June 24, 2013, 15:32, (Property Xpress) - Russia’s largest lender, Sberbank, has opened a RUB 3.0 bln 10-year credit line to SUE Stroyexprom to create ...   read more
Decathlon Romania Sees 30 Pct Increase in Sales in 2012
June 24, 2013, 15:18, (Property Xpress) - French sporting goods retailer Decathlon, operating a chain of ten stores in Romania, recorded a 30 pct ...   read more
Romanian Municipality Seeks Contractors for Business Center
June 24, 2013, 14:43, (Property Xpress) - A Romanian municipality is seeking contractors to carry out construction work on a multifunctional business ...   read more
PIK Group and Kortros to Build Affordable Housing under PPP
June 24, 2013, 14:18, (Property Xpress) - Russian residential developer PIK Group, the Ministry of Construction and the Agency for Housing Mortgage ...   read more
Fond RGS Auctions Krasnodar Land for Housing Project
June 24, 2013, 13:38, (Property Xpress) - Russia’s federal fund to promote housing construction (Fond RGS) has sold the right to lease a 70 ha land ...   read more
Hospital Construction Starts in Bucharest
June 24, 2013, 12:59, (Property Xpress) - The foundation stone to mark the construction start for a new children’s hospital in Bucharest was laid on ...   read more
Sberbank Lends USD 250 mln to OOO Office Center
June 24, 2013, 12:39, (Property Xpress) - The Moscow Bank of Sberbank of Russia has provided a USD 250 mln ten-year loan to OOO Office Center, secured ...   read more
EUR 50 mln Residential Project to be Resumed in Romania
June 24, 2013, 12:29, (Property Xpress) - A EUR 50 mln real estate project in Romania, started in 2007 and subsequently stopped following an extension ...   read more
Shopping Center Specialist Purchases Land in Russia
June 24, 2013, 12:06, (Property Xpress) - A Russian real estate development company has acquired 31,000 sq. m of land suitable for construction of a ...   read more
Signa Holding Loses Tenant at Zagreb Office Building
June 24, 2013, 11:19, (Property Xpress) - Austrian Signa Holding, controlled by businessman Rene Benko, will lose a lease signed with Hrvatski Telekom ...   read more
Metro Group Bets on Russia
June 24, 2013, 10:38, (Property Xpress) - Germany’s Metro Group, which has invested more than USD 3.0 bln in Russia over the past 10 years, is ready ...   read more
EBRD to Back EUR 1.0 Bln CEE-Focused Equity Fund
June 24, 2013, 10:05, (Property Xpress) - The European Bank for Reconstruction and Development (EBRD) is considering a EUR 80 mln equity investment in ...   read more
Russian Firm to Sell Real Estate for RUB 800 mln
June 24, 2013, 9:23, (Property Xpress) - A Russian company wants to raise RUB 800 mln from the sale of four non-residential premises in the city of ...   read more
Corrected: Montenegro to Lease Zabljak Ski Facilities
June 24, 2013, 9:10, (Property Xpress) - Montenegro’s state-owned Investiciono-razvojni fond (Investment and Development Fund, IRF) has received ...   read more
Developer Mulls St. Petersburg High-Rise Projects
June 24, 2013, 8:30, (Property Xpress) - A St. Petersburg-based real estate developer is in the process of purchasing land for two high-rise structures ...   read more
Update: Real Estate Firm to Acquire CEE Property Portfolio
June 24, 2013, 8:06, (Property Xpress) - A Netherlands-registered investment and property management company is planning to raise EUR 200 mln in an ...   read more
Update: AFK Sistema to Consolidate 100 Pct Stake in Detsky Mir
June 21, 2013, 12:57, (Property Xpress) - AFK Sistema, the principal owner of Detsky Mir retail chain, is finalizing a deal to buy back its 25 pct plus ...   read more
Pulkovo Airport Terminal Project to Cost EUR 500 mln
June 21, 2013, 12:40, (Property Xpress) - The second phase of the new terminal at St. Petersburg’s Pulkovo Airport will cost about EUR 500 mln, and ...   read more
GRG to Open 100 Fast Food Restaurants in Ukraine
June 21, 2013, 12:27, (Property Xpress) - Global Restaurant Group-Ukraine, one of the three Ukrainian franchise partners of Yum! Restaurants ...   read more
O’Key Group to Accelerate Expansion
June 21, 2013, 11:45, (Property Xpress) - St. Petersburg-based retailer O’Key Group plans to invest RUB 50 bln to double its sales area, to about ...   read more
Dedeman Development to Boost Sales by 8.0 Pct in 2013
June 21, 2013, 11:14, (Property Xpress) - Bacau-based DIY chain Dedeman will open its 32nd Romania store on June 28 in Miercurea Ciuc, following a EUR ...   read more
Sberbank to Lend RUB 50 Bln to Glavstroy
June 21, 2013, 10:16, (Property Xpress) - Sberbank has signed a strategic cooperation agreement with Glavstroy, the building arm of Oleg Deripaska’s ...   read more

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