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AFI Development to Start Odinburg Project
September 30, 2013, 8:14, (Property Xpress) - AFI Development, the Russian development arm of Africa-Israel Investments, will build 750,000 sq. m of real ...   read more
CCB Acquires Pliska Hotel in Sofia
September 30, 2013, 7:54, (Property Xpress) - Central Cooperative Bank has bought the former ‘Pliska’ Hotel in the Bulgarian capital from Business ...   read more
Moscow to Purchase Site at Sofiyskaya Embankment
September 27, 2013, 12:41, (Property Xpress) - Moscow Mayor’s Office wants to purchase almost 3.0 ha of land at Sofiyskaya Embankment, intended for ...   read more
Fresenius Medical Care Starts Serbia Plant Project
September 27, 2013, 12:24, (Property Xpress) - German Fresenius Medical Care has started to build a new factory in Serbia, in Vrsac Technology Park in the ...   read more
Basel Aero to Build Airport Terminal in Anapa
September 27, 2013, 11:55, (Property Xpress) - Basel Aero, part of Oleg Deripaska’s Basic Element group of companies, has signed an investment agreement ...   read more
Globalworth Advances with Romania Acquisition Deals
September 27, 2013, 11:40, (Property Xpress) - Globalworth Real Estate Investments, which raised EUR 53 mln from institutional and private investors in a ...   read more
X5 Retail Group Places RUB 5.0 Bln Bond Issue
September 27, 2013, 10:44, (Property Xpress) - Russian food retailer X5 Retail Group has placed a RUB 5.0 bln three-year corporate bond issue, with an annual ...   read more
Trading in Shares of XXI Century Investments Suspended
September 27, 2013, 10:26, (Property Xpress) - Trading in shares of XXI Century Investments was temporarily suspended on September 26, pending completion of ...   read more
PIK Group to Purchase Land in Moscow Suburbs
September 27, 2013, 9:31, (Property Xpress) - Russian developer PIK Group is considering buying OOO Zarechye Sport, which owns approximately 20 ha of land ...   read more
Three Real Estate Projects under Development in Central Bucharest
September 27, 2013, 9:12, (Property Xpress) - Three real estate projects, including two office buildings and a four or five star hotel, are under ...   read more
IFC to Lend USD 100 mln to Ukrainian Gas Station Operator
September 27, 2013, 8:01, (Property Xpress) - The International Finance Corporation (IFC) will consider providing a USD 100 mln credit line to Ukrainian, ...   read more
Multinational Firm to Spend USD 260 mln on Russia Plant
September 27, 2013, 7:56, (Property Xpress) - The Russian subsidiary of a multinational agribusiness firm will spend RUB 6.4 bln (USD 210 mln) on ...   read more
Urban Design Competition Announced in St. Petersburg
September 26, 2013, 15:31, (Property Xpress) - St. Petersburg city authorities have announced a competition to select a company to develop an urban ...   read more
H&M Sees Rising Sales in Southeast Europe
September 26, 2013, 14:57, (Property Xpress) - Swedish fashion retailer Hennes & Mauritz (H&M) posted a 41 pct increase in sales in Romania in the first nine ...   read more
Moscow Firm Seeks Location for RUB 1.5 Bln Shopping Mall
September 26, 2013, 14:06, (Property Xpress) - An agreement on socio-economic cooperation was signed today between representatives of Moscow-based developer ...   read more
Ukrainian Company Wins UAH 1.0 Bln Construction Contract
September 26, 2013, 12:59, (Property Xpress) - A Ukrainian real estate development and construction company has been declared winner of the tender to build a ...   read more
Developer to Restructure Portfolio, Sell Non-Core Land Assets
September 26, 2013, 12:45, (Property Xpress) - A Russian commercial real estate developer intends to restructure its portfolio by selling non-core land and ...   read more
New Residential Compound to Appear in Bucharest
September 26, 2013, 12:19, (Property Xpress) - A 1,000-apartment residential compound will be developed in the south of the Romanian capital over the next ...   read more
Update: Vnesheconombank Opens Credit Line to Developer
September 26, 2013, 11:44, (Property Xpress) - Russia’s state-owned banking group Vnesheconombank (VEB) has signed a RUB 3.1 bln loan agreement to finance ...   read more
Four Star Sofia Hotel up for Sale at Auction
September 26, 2013, 11:12, (Property Xpress) - A second attempt will be made to sell the four star Rodina Hotel in the Bulgarian capital. A private bailiff ...   read more
Russian Firm to Acquire Land in New Moscow
September 26, 2013, 10:46, (Property Xpress) - A newly formed Russian real estate investment and development company is negotiating to acquire land for a ...   read more
IHG to Launch Two New Brands in Ukraine
September 26, 2013, 10:15, (Property Xpress) - InterContinental Hotels Group (IHG) will launch two new brands in Ukraine. The company has signed a memorandum ...   read more
140,000 Sq. m Moscow Shopping Mall to Open in 2015
September 26, 2013, 9:13, (Property Xpress) - Construction work on a 140,000 sq. m Moscow multifunctional shopping center has begun and will be completed in ...   read more
Yaroslavskiy Consolidates 100 Pct Stake in Kharkov Palace
September 26, 2013, 8:59, (Property Xpress) - Ukrainian businessman Alexander Yaroslavskiy, founder and CEO of DCH Group, has consolidated 100 pct of the ...   read more
Kermas to Acquire Medena Hotel in Croatia
September 26, 2013, 7:39, (Property Xpress) - Kermas energija (Kermas Energy), owned by Croatian businessman Danko Koncar, will acquire a 75.1 pct stake in ...   read more

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