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Work on Montenegro High-End Resort to Start in December
November 29, 2012, 11:11, (Property Xpress) - Work on Kumbor barracks site, leased to the the State Oil Company of Azerbaijan Republic (SOCAR), will start ...   read more
Luxury Project in Downtown Moscow to Change Owners
November 29, 2012, 10:33, (Property Xpress) - DB Development has signed a letter of intent with A1 investment company to buy out lease rights over a 3.0 ha ...   read more
Mega Image Doubles Romania Chain
November 29, 2012, 10:02, (Property Xpress) - Romania’s Mega Image supermarket chain, owned by Belgian international food retailer Delhaize Group, could ...   read more
Sberbank Lends USD 50 mln to Shopping Mall Developer
November 29, 2012, 9:22, (Property Xpress) - The Srednerussky Bank of Sberbank of Russia has opened a RUB 1.64 bln (USD 53 mln) eight-year credit line to ...   read more
Pliska Hotel Building to Undergo Major Renovation
November 29, 2012, 9:08, (Property Xpress) - The iconic former ‘Pliska’ Hotel in Sofia closed in mid-October. The reason is that there are serious ...   read more
Hotel-Invest Retains Plans to Build Four Star Lodging Unit
November 28, 2012, 17:29, (Property Xpress) - Russian company Hotel-Invest has not abandoned its plans to build a four star lodging unit in the historic ...   read more
Sofia Site Sold for EUR 7.0 mln
November 28, 2012, 16:50, (Property Xpress) - A land plot in the Bulgarian capital has changed owners for approximately EUR 7.0 mln. The site will be used ...   read more
Tashir to Open Nizhny Novgorod Mall in December
November 28, 2012, 15:49, (Property Xpress) - Tashir group of companies will open a RIO shopping and entertainment center in Nizhny Novgorod on December 1, ...   read more
RPHI to Enter into Sky Tower Possession in December
November 28, 2012, 14:46, (Property Xpress) - Austrian Raiffeisen Property Holding International (RPHI), part of Raiffeisen Bank International (RBI), will ...   read more
City Retail Group Develops Concept for 51,000 Sq. m Mall
November 28, 2012, 13:59, (Property Xpress) - City Retail Group has completed concept development work for a new retail and entertainment center in Elets, ...   read more
Update: German Car Equipment Manufacturer to Set up Bulgarian Site
November 28, 2012, 13:50, (Property Xpress) - A German car equipment manufacturer has selected a location for its plant in Bulgaria, whose initial ...   read more
Excavation Work on RUB 2.0 Bln Hotel Project Starts in Russia
November 28, 2012, 13:24, (Property Xpress) - Excavation work on a multifunctional complex, including hotel and business premises, has begun in the city of ...   read more
Serbia Factory Construction Project to Break Ground in Q1’13
November 28, 2012, 12:42, (Property Xpress) - Construction work on a new Serbian factory will begin in the first quarter of the coming year. The project ...   read more
IQ PM to Take over Logopark Tolmachevo Logistics Park
November 28, 2012, 12:09, (Property Xpress) - IQ Property Management (IQ PM, Moscow), a strategic partner of Eurasia Logistics, intends to buy the ...   read more
Ukrainian Businessman to Close Debt/Equity Swap Deal
November 28, 2012, 11:40, (Property Xpress) - A Ukrainian businessman is negotiating to acquire a stake in a company, owner of several of shopping centers ...   read more
USD 250 mln Medical Center Project Planned in Russia
November 28, 2012, 10:36, (Property Xpress) - A medical center project, estimated at a cost of RUB 7.5 bln (USD 250 mln), is planned to be developed in the ...   read more
New Business Zone Planned in Serbia
November 28, 2012, 10:07, (Property Xpress) - A new industrial and business zone will be established in Serbia under a public-private partnership ...   read more
RUB 55.65 bln Needed to Establish Primorye Gambling Zone
November 28, 2012, 9:35, (Property Xpress) - Russia’s company Nash Dom Primorye, which has won an open competition for the right to lease land near ...   read more
Unirea Shopping Center Reports Turnover Increase in 9M’12
November 28, 2012, 9:08, (Property Xpress) - Unirea Shopping Center (SCDM), owner of shopping centers with the same name in Bucharest and Brasov, ended the ...   read more
Regiondevelopment to Build Mytishchi Housing Compound
November 27, 2012, 17:01, (Property Xpress) - Regiondevelopment, founded by former top executives of Coalco Development, will invest RUB 5.0 bln to build a ...   read more
Millennium Tower to Undergo Refurbishment
November 27, 2012, 16:39, (Property Xpress) - Aberdeen Immobilien’s Degi investment fund, owner of Millennium Tower office building in Bucharest, which ...   read more
Prisma Hypermarket to Anchor St. Petersburg Mall
November 27, 2012, 15:47, (Property Xpress) - Finnish company Sok Retail Int. Oy will open its third Prisma hypermarket in Russia on December 20. The ...   read more
Decision on Merkur Recapitalization to be Known in December
November 27, 2012, 15:19, (Property Xpress) - Slovenia’s Merkur, which is undergoing a reorganization plan prepared by its management, is threatened with ...   read more
EUR 25 mln Redevelopment Project Planned in St. Petersburg
November 27, 2012, 13:53, (Property Xpress) - A multifunctional complex, comprising two seven-story buildings, will be developed in place of the former ...   read more
Macedonia Sells Land to Turkish Contractor
November 27, 2012, 13:29, (Property Xpress) - The Macedonian Ministry of Transport and Communications has sold at auction a 7,528 sq. m site, including ...   read more

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