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Mercedes-Benz Romania to Relocate Bucharest HQ
March 12, 2013, 11:19, (Property Xpress) - Mercedes-Benz Romania, a subsidiary of Germany’s Dailmer AG, has signed a deal to rent 3,000 sq. m of space ...   read more
Hilton to Add New Hotels to Russian Portfolio
March 12, 2013, 10:20, (Property Xpress) - Global hospitality company Hilton Worldwide, formerly Hilton Hotels Corporation, has announced plans to open ...   read more
Arco Invest and Piraeus Bank Reach Debt Restructure Deal
March 12, 2013, 9:51, (Property Xpress) - Arco Invest, a Bulgarian subsidiary of Arco Investeeringute, a wholly-held subsidiary of Estonian Arco Vara, ...   read more
RUB 3.5 Bln Hospital Project Breaks Ground in Russia
March 12, 2013, 9:22, (Property Xpress) - The groundbreaking ceremony for a new 32,000 sq. m hospital project was held yesterday in the capital city of ...   read more
Luxury Hotel Planned for Split
March 12, 2013, 9:10, (Property Xpress) - Work on a luxury hotel project in Croatia is expected to begin soon, after the Ministry of Construction ...   read more
Car Maker to Build Plant for Plastic Components in Russia
March 11, 2013, 15:31, (Property Xpress) - An international car maker plans to invest RUB 2.7 bln (EUR 67 mln) in its own plastic components production ...   read more
Rumpu to Design Two Perm Projects
March 11, 2013, 14:55, (Property Xpress) - Finnish bureau Rumpu will work out the architectural design of two projects for Permian developers, including ...   read more
Israeli Developer to Focus on Two Projects in SEE
March 11, 2013, 14:36, (Property Xpress) - An Israeli real estate developer said it will focus on two development projects in the SEE region in the ...   read more
Shopping Mall Construction Starts in Moscow Suburbs
March 11, 2013, 13:44, (Property Xpress) - A new 60,000 sq. m shopping and entertainment center will be built in the Moscow suburbs, in place of the ...   read more
Adama to Start Two Romanian Projects in 2013
March 11, 2013, 13:28, (Property Xpress) - Adama real estate development company, owned by Austrian investment fund Immofinanz, sold 100 homes in Romania ...   read more
AHRF to Auction St. Petersburg Site
March 11, 2013, 12:51, (Property Xpress) - The Auction House of the Russian Federation (AHRF) has put a 4,200 sq. m land lot in St. Petersburg’s ...   read more
Mall Pleven Put up for Sale
March 11, 2013, 12:03, (Property Xpress) - Mall Pleven shopping center has been put for sale at a starting price of BGN 10.6 mln, according to the ...   read more
Kontinium-Trade to Open 14,000 Sq. m Lutsk Store
March 11, 2013, 11:34, (Property Xpress) - Kontinium-Trade, owner of a Tam Tam hypermarket in Lutsk, is planning to open a new 14,000 sq. m store in the ...   read more
Matrix to Develop St. Petersburg Mixed-use Center
March 11, 2013, 10:58, (Property Xpress) - Matrix Corporation plans to develop a 109,400 sq. m multifunctional complex in the St. Petersburg city center, ...   read more
Kharkov Allocates Land for Mixed-use Center
March 11, 2013, 10:26, (Property Xpress) - A draft decision on the allocation of land with an adjacent residential building for a subsequent ...   read more
AFK Sistema to Acquire Moskapstroy
March 11, 2013, 9:40, (Property Xpress) - AFK Sistema, controlled by Russian billionaire Vladimir Yevtushenkov, has agreed to purchase a controlling ...   read more
Royal Group Wins Kraljicina Plaza Tender in Montenegro
March 11, 2013, 9:14, (Property Xpress) - Abu Dhabi-based Royal Group, through its Montenegrin subsidiary Queen’s Beach Development Company, has been ...   read more
Shopping Center Project Planned in Ukraine
March 08, 2013, 13:54, (Property Xpress) - A draft decision on the allocation of land for construction and subsequent operation of a multifunctional ...   read more
Contractor Sought for Park Project in Romania
March 08, 2013, 13:40, (Property Xpress) - A Romanian municipality has called a tender to select companies to build a park at an indicative cost of RON ...   read more
35,000 Sq. m Shopping Mall to Open in New Moscow
March 08, 2013, 13:06, (Property Xpress) - Construction of a shopping and entertainment center, which will also bring together a grocery hypermarket, ...   read more
Delhaize to Focus on Driving Growth in Southeastern Europe
March 08, 2013, 11:56, (Property Xpress) - Belgium-based food retailer Delhaize said it plans to spend EUR 650 mln on opening 200 new stores and ...   read more
MDMG to Spend RUB 3.5 Bln on Hospital Construction
March 08, 2013, 11:04, (Property Xpress) - Moscow-based MD Medical Group (MDMG), owner of Mat i Ditya (Mother and Child) chain of hospitals, will spend ...   read more
Construction of Croatia Health Resort Project to Start in April
March 08, 2013, 10:36, (Property Xpress) - Construction of a Croatian health resort project, which has been put on hold for the past three years, will ...   read more
X5 Posts 2012 Net Loss on Fourth-Quarter Impairment Charge
March 08, 2013, 9:40, (Property Xpress) - Russia’s biggest food retailer, X5, recorded a net loss of USD 126.5 mln in 2012, driven by higher costs and ...   read more
Five Star Hotel to Replace Dilapidated Building in Montenegro
March 08, 2013, 9:16, (Property Xpress) - Demolition work on a dilapidated hotel complex on Montenegro’s Adriatic coast began on Thursday. The ...   read more

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