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IKEA Reaches Agreement with Ukrainian Authorities
April 11, 2012, 14:05, (Property Xpress) - An agreement was reached with the Swedish IKEA Group on their Ukrainian investment plans, Petro Poroshenko, ...   read more
Update: AFI Development to Acquire Moscow Suburban Housing Project
April 11, 2012, 13:27, (Property Xpress) - AFI Development is negotiating to acquire a 1,000 unit suburban housing project from its majority shareholder ...   read more
BIN Group to Present Major Theme Park Development near Moscow
April 11, 2012, 12:55, (Property Xpress) - BIN Group, controlled by the Gutseriev and Shishkhanov families, intends to build a giant theme park with ...   read more
Macedonian Cultural Heritage Office Gives Nod to Skopje Real Estate Project
April 11, 2012, 12:39, (Property Xpress) - The Office for Protection of Cultural Heritage has deleted the legendary Kermes restaurant in Skopje from the ...   read more
Alexander Klyachin Acquires Controlling Stake in JV Metropol
April 11, 2012, 11:57, (Property Xpress) - Businessman Alexander Klyachin, owner of Azimut Hotels Company, has consolidated a controlling stake in OOO ...   read more
ESTA Holding Abandons Kiev Building Project
April 11, 2012, 11:23, (Property Xpress) - ESTA Holding, part of System Capital Management Group (SCM), has decided to create low-rise art-space fully ...   read more
Sberbank Signs USD 715 mln Refinance Deal with Developer
April 11, 2012, 10:51, (Property Xpress) - Russia’s Sberbank has opened a 10-year credit line, with a volume of up to USD 715 mln, to the developer of ...   read more
Zeljko Kerum Exits NTL Group
April 11, 2012, 10:12, (Property Xpress) - Croatian entrepreneur and politician Zeljko Kerum is exiting the NTL business and selling a significant ...   read more
Sberbank Lends USD 39 mln to Developer
April 11, 2012, 9:28, (Property Xpress) - The Srednerussky Bank of Sberbank of Russia has opened a RUB 1.159 bln (USD 39 mln) credit line to OOO ...   read more
Austrian Developer to Start Outlet Center Project in Serbia
April 11, 2012, 9:11, (Property Xpress) - After Indjija, where the opening of Belgrade Outlet Shopping Center is scheduled for April 19, a similar ...   read more
Russian Businessman Creates Housing Development Firm
April 11, 2012, 8:21, (Property Xpress) - A well-known Russian businessman intends to enter the property development business in the Moscow suburbs. At ...   read more
Varna Mixed-use Project to Repay EUR 20 mln by 2016
April 11, 2012, 7:52, (Property Xpress) - A property developer active in Bulgaria has secured an extension to its credit agreement with the local ...   read more
Mitsui Fudosan Plans European Expansion
April 10, 2012, 15:49, (Property Xpress) - Mitsui Fudosan, the largest real estate company in Japan, plans to invest about JPY 500 bln (USD 6.14 bln) in ...   read more
Mitsui Fudosan Plans Overseas Expansion
April 10, 2012, 15:49, (Property Xpress) - Mitsui Fudosan, the largest real estate company in Japan, plans to invest about JPY 500 bln (USD 6.14 bln) in ...   read more
Rogachev Said to Create New Retail Chain in Russia
April 10, 2012, 15:23, (Property Xpress) - Andrei Rogachev, founder of Pyaterochka chain of discount stores, intends to create a new retail network in ...   read more
Developer to Build Hotel in Downtown Moscow
April 10, 2012, 13:55, (Property Xpress) - An AIM listed residential and commercial property developer active in Russia today announced renewal of an ...   read more
Scandinavian Firm to Lay Foundation for USD 52 mln Plant
April 10, 2012, 12:58, (Property Xpress) - A Scandinavian manufacturer of heavy construction equipment will lay the foundation stone of its Russian plant ...   read more
Varus Supermarket Chain Acquires Dnipro Retailer
April 10, 2012, 12:53, (Property Xpress) - Ukrainian Varus supermarket chain has acquired Dnipro-based Cent network of convenience stores, which is ...   read more
YIT Uralstroi Starts RUB 1.0 Bln Housing Investment
April 10, 2012, 12:17, (Property Xpress) - YIT Uralstroi , a subsidiary of Finland’s real estate developer YIT, is proceeding with construction of its ...   read more
K.A.N. Development to Start Kiev Residential Project
April 10, 2012, 11:52, (Property Xpress) - K.A.N. Development plans to soon begin construction of a residential complex on 7, Kudri Street, near ...   read more
Shopping Mall Construction Resumed in Russia
April 10, 2012, 11:13, (Property Xpress) - Construction of a regional shopping and entertainment center has been resumed in Russia, following a change of ...   read more
Moscow to Sell Slavyanskaya Hotel
April 10, 2012, 10:13, (Property Xpress) - Moscow city authorities plan to sell the building of the four-star Radisson SAS Slavyanskaya Hotel this year, ...   read more
Odessa Airport to Borrow USD 116 mln
April 10, 2012, 9:52, (Property Xpress) - Odessa City Council has allowed Odessa International Airport communal enterprise to take a USD 116 mln loan at ...   read more
Children’s Amusement Chain to Debut in Moscow Region
April 10, 2012, 9:05, (Property Xpress) - A Novosibirsk-based businessman wants to create a large network of children’s entertainment centers in ...   read more
Mic.ro and Minimax Sale Fails
April 10, 2012, 8:31, (Property Xpress) - RVA Insolvency, judicial administrator of the insolvent Mic.ro and Minimax networks of grocery stores, owned ...   read more

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