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St. Petersburg Group Prepares Site for 150,000 Sq. m Development
May 03, 2012, 8:33, (Property Xpress) - A St. Petersburg-based holding group may invest up to USD 350 mln in construction of a residential quarter on ...   read more
Selgros Cash & Carry Romania Reports Flat Sales in 2011
May 03, 2012, 7:47, (Property Xpress) - Selgros Cash & Carry Romania recorded net sales of CHF 960 mln (EUR 780.5 mln) last year, according to the ...   read more
Changi Acquires Stake in Russian Airports
May 03, 2012, 7:25, (Property Xpress) - Singapore-based Changi Airports International (CAI) has received permission from the Russian government to ...   read more
Polish Studio Designs Retail/Aqua Park Project in Russia
May 02, 2012, 15:11, (Property Xpress) - A Polish architectural practice has designed a shopping and entertainment center with aqua park, scheduled to ...   read more
Kiev Approves Land Allocation for Mixed-use Development
May 02, 2012, 14:16, (Property Xpress) - Kiev City Council has given permission for development of a multi-functional complex with parking facilities ...   read more
Spa Resort to Appear near Moscow in 2015
May 02, 2012, 13:54, (Property Xpress) - Pragma Development has announced intentions to build a unique spa resort near Moscow over the next three ...   read more
Tommy Takes over Kerum Store in Koteks Center
May 02, 2012, 12:57, (Property Xpress) - Through his company Tommy, Croatian businessman Tomislav Mamic is continuing taking over the retail business ...   read more
MoreMall to Open in Early August
May 02, 2012, 12:24, (Property Xpress) - Moscow-based investment company TPS has postponed the opening of its MoreMall multi-functional shopping and ...   read more
Plodine Announces 12 Pct Increase in Revenues for Fiscal 2011
May 02, 2012, 11:46, (Property Xpress) - Croatia ‘s supermarket operator Plodine, which opened 10 new retail units last year, posted HRK 2.983 bln in ...   read more
Megion to Redevelop Former Industrial Area into Offices
May 02, 2012, 11:14, (Property Xpress) - Megion group of companies, controlled by Boris Nesterov, has begun transforming the industrial site of the ...   read more
US Auto Parts Supplier to Establish Serbian Manufacturing Site
May 02, 2012, 10:34, (Property Xpress) - A U.S.-based supplier of systems and components for the automotive industry has unveiled plans to establish a ...   read more
St. Petersburg Approves High-End Residential Project by Ricardo Bofill
May 02, 2012, 9:46, (Property Xpress) - St. Petersburg Town Planning Board on Friday reviewed a project foreseeing development of a 45,000 sq. m ...   read more
Hercesa to Open Bucharest Apart-Hotel in Autumn
May 02, 2012, 9:12, (Property Xpress) - Spanish real estate developer Hercesa plans to officially launch its Cismigiu Hotel in downtown Bucharest in ...   read more
St. Petersburg Group Plans Pre-IPO Business Push
May 02, 2012, 8:15, (Property Xpress) - A St. Petersburg-based company intends to invest USD 160-170 mln by the end of year to purchase existing ...   read more
O1 Properties Sets IPO Price Range
May 02, 2012, 7:07, (Property Xpress) - Moscow-based property investor and developer O1 Properties has set the price range for its London initial ...   read more
Developer to Resume Luxury Resort Project in Montenegro
May 02, 2012, 7:05, (Property Xpress) - A Russian investment group is keeping plans to develop a luxury resort project in Montenegro. "Our company was ...   read more
PIK Group Reports RUB 4.8 Bln Net Profit for 2011
April 30, 2012, 14:51, (Property Xpress) - Russia’s residential property developer PIK Group, controlled by billionaire Suleiman Kerimov, posted a net ...   read more
Three Shopping Centers Planned for Dubrovnik, Croatia
April 30, 2012, 14:10, (Property Xpress) - Three shopping center projects, of about 30,000 sq. m each, are being prepared for Dubrovnik, a city with a ...   read more
New Shopping Center Project Announced in Russia
April 30, 2012, 12:52, (Property Xpress) - A multi-functional shopping center project, estimated at a cost of RUB 1.2 bln, was discussed and approved at ...   read more
Ukrainian Developer Kovcheg Switches to Profit in 2011
April 30, 2012, 12:31, (Property Xpress) - Ukrainian company OOO Kovcheg, dealing with leasing of Mandarin Plaza retail and office center in Kiev, ...   read more
USD 4.0 bln Investment Fund Planned for Russia
April 30, 2012, 12:07, (Property Xpress) - A USD 4.0 bln investment fund will be established in Russia by the end of June. This was announced by First ...   read more
International Hotel Operator to Enter Albania
April 30, 2012, 11:23, (Property Xpress) - Albania’s Premier Sali Berisha has held a meeting with Arne Sorenson, president and CEO of Marriott ...   read more
Starwood Hotels & Resorts Signs New Deal in Russia
April 30, 2012, 11:01, (Property Xpress) - International hospitality chain Starwood Hotels & Resorts will open its first Russian accommodation unit under ...   read more
Update: Calzedonia to Invest EUR 20 mln in Serbian Factory
April 30, 2012, 10:32, (Property Xpress) - Italia’s Calzedonia has entered into an agreement with the Serbian City of Subotica to receive 8.5 ha of ...   read more
Developer to Receive Land for Shopping Mall
April 30, 2012, 10:12, (Property Xpress) - A Russian real estate developer has won a land dispute, allowing it to receive an attractive site in the city ...   read more

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