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Immofinanz Generates EUR 36 mln from Rents in Romania
March 22, 2013, 11:24, (Property Xpress) - Austrian Immofinanz Group posted EUR 35.9 mln in rental revenue from its 17 properties in Romania in the first ...   read more
Rewe Sets Course for Moderate Expansion in Russia
March 22, 2013, 10:45, (Property Xpress) - Germany’s Rewe Group, one of Europe’s largest retailers, is planning to open 10-15 new Billa supermarkets ...   read more
Metro Cash & Carry Ukraine Reports EUR 880 mln in Revenue
March 22, 2013, 10:11, (Property Xpress) - The Ukrainian subsidiary of Metro Cash & Carry said it recorded a 10.9 pct rise in sales last year, to EUR 877 ...   read more
Russian Firm Consolidates 100 Pct Stake in High-End Moscow Project
March 22, 2013, 9:30, (Property Xpress) - A Russian investment company has consolidated approximately 100 pct of the shares of a multifunctional project ...   read more
Kiev to Seek Management Company for New Business Area
March 22, 2013, 8:56, (Property Xpress) - Kyiv City State Administration (KCSA) plans to announce a competition to attract companies to manage the ...   read more
Bilalov Sells Stake in Krasnaya Polyana
March 21, 2013, 16:30, (Property Xpress) - Magomed Bilalov has completed a deal to sell approximately 41 pct of the shares of OAO Krasnaya Polyana, ...   read more
Chinese Firm to Open Logistics Center in Romania
March 21, 2013, 16:04, (Property Xpress) - A Chinese company plans to open a Bucharest office, as well as to establish a logistics center in Romania to ...   read more
Developer to Commission 150,000 Sq. m Shopping Scheme in 2014
March 21, 2013, 15:42, (Property Xpress) - A Russian developer intends to commission a 150,000 sq. m shopping and entertainment center complex in two ...   read more
Five Investors Interested in Croatian Resort Development
March 21, 2013, 14:53, (Property Xpress) - Five investors have expressed interest in acquiring Croatia’s former military resort of Kupari, near ...   read more
SU-155 Eyes Projects in Novosibirsk Region
March 21, 2013, 13:55, (Property Xpress) - SU-155, one of Russia’s largest construction companies, is examining the Novosibirsk region as a promising ...   read more
Meganom Second Stage to Open in November
March 21, 2013, 13:36, (Property Xpress) - The second stage of Meganom shopping mall, which will be launched in November 2013 in Simferopol (Crimea), ...   read more
Gema Invest to Buy Land near Skolkovo
March 21, 2013, 13:16, (Property Xpress) - Russian company Gema Invest, owned by Alexander Geller, may reserve land next to Innograd Skolkovo, where ...   read more
Croatian Firm to Pour EUR 20 mln into Five Star Hotel Project
March 21, 2013, 12:41, (Property Xpress) - A Croatian real estate development company has started work on a EUR 20 mln reconstruction project in the city ...   read more
Office Center Project Resumed in Samara
March 21, 2013, 11:57, (Property Xpress) - A RUB 1.0 bln office development project is to be resumed in the Russian city of Samara. The Union of ...   read more
International Property Group to Exit Eastern European Markets
March 21, 2013, 11:26, (Property Xpress) - An international property group said it wants to abandon several markets in Eastern Europe, including Serbia, ...   read more
Azbuka Vkusa Turns to Retail Centers Development
March 21, 2013, 10:31, (Property Xpress) - Moscow-based premium supermarket chain Azbuka Vkusa intends to build 15 retail centers in the Moscow, St. ...   read more
Italian Firm to Build Bulgaria Plant
March 21, 2013, 10:06, (Property Xpress) - An Italian company will build a plant to manufacture hydraulic cylinders for the agricultural machinery sector ...   read more
Budhouse Group Acquires Stake in Shopping Mall Project
March 21, 2013, 9:48, (Property Xpress) - Ukraine’s development company Budhouse Group has joined one of the largest shopping center construction ...   read more
110,000 Sq. m Shopping Mall Projected for Lipetsk
March 21, 2013, 9:30, (Property Xpress) - A shopping and entertainment center will open in Lipetsk in 2014, following a RUB 3.3 bln investment, Magazin ...   read more
Bucharest Office Building Put up for Sale
March 20, 2013, 16:05, (Property Xpress) - An office building in the Bucharest Pipera area has been put for sale by public auction at a starting price of ...   read more
Metro Cash & Carry Romania Reports Decrease in Sales
March 20, 2013, 15:36, (Property Xpress) - Metro Cash & Carry Romania reported a 4.0 pct decrease in sales last year, to EUR 1.018 bln, the company ...   read more
Moscow Construction Project to Change Owners
March 20, 2013, 15:01, (Property Xpress) - A high-rise commercial real estate development project in the Russian capital is changing owners. According to ...   read more
Agrokor Starts Due Diligence of Mercator
March 20, 2013, 14:00, (Property Xpress) - Croatia’s Agrokor, controlled by Ivica Todoric, has started due diligence of Slovenia’s largest retailer, ...   read more
Renova to Select General Contractor for Kurumoch Airport in May
March 20, 2013, 13:40, (Property Xpress) - Airports of Regions, a structure of Viktor Vekselberg’s Renova Group, has received 36 applications and ...   read more
ZAIC to Start Work on New Terminal Building in H2’2013
March 20, 2013, 13:07, (Property Xpress) - Zagreb Airport’s concessionaire Zagreb International Airport Company (ZAIC) has secured EUR 250 mln in loan ...   read more

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