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British Petroleum to Establish Skolkovo Research Center
February 22, 2012, 13:25, (Property Xpress) - British Petroleum (BP) has joined forces with Russia’s Skolkovo Foundation to establish a Center of Applied ...   read more
Romanian City Mall Building to Become Hospital
February 22, 2012, 13:11, (Property Xpress) - City Mall shopping center, which went bankrupt in 2010 and since late last year is owned by Greek businessman ...   read more
AFI Development Signs RUB 4.0 Bln Loan Agreement
February 22, 2012, 12:39, (Property Xpress) - AFI Development today announced that its subsidiary Bellgate Construction has obtained a loan facility from ...   read more
Ukraine to Privatize Kiev Hotel Property
February 22, 2012, 12:26, (Property Xpress) - The State Property Fund of Ukraine has scheduled an auction to sell off 100 pct of the shares of Kiev-based ...   read more
Auchan Hypermarket to Replace Karusel Unit in Rostov-on-Don
February 22, 2012, 12:01, (Property Xpress) - French retailer Auchan will open a third store in Rostov-on-Don next week, in Megamag shopping mall, following ...   read more
Montenegro Development Project Changes Owners
February 22, 2012, 11:18, (Property Xpress) - An offshore company is the new owner of an exclusive hotel project on Montenegro’s Adriatic ...   read more
Russian Developer to Dispose of Non-core Assets
February 22, 2012, 10:42, (Property Xpress) - A Russian real estate developer has already started selling non-core assets to invest in development and pay ...   read more
Bulgarian Bank Agrees to Debt Redemption Deal
February 22, 2012, 10:07, (Property Xpress) - A Bulgarian banking institution has redeemed debt obligations of a Dutch company to Raiffeisen Zentralbank ...   read more
Moscow Extends Term for Hotel Development
February 22, 2012, 9:08, (Property Xpress) - Moscow city authorities have extended the construction term for a hotel complex to be built on the site of the ...   read more
Limak Holding Acquires Skopje Land
February 22, 2012, 8:50, (Property Xpress) - Turkey’s Limak Holding has bought a 31,929 sq. m land plot behind the old railway station in the center of ...   read more
Kesco to Change Hotel Operator for Ufa Property
February 21, 2012, 16:30, (Property Xpress) - Development company Kesco, part of ATEK group of companies, has changed the parameters of its Ufa Centre hotel ...   read more
Montenegro Adopts 2012 Privatization Program
February 21, 2012, 15:31, (Property Xpress) - During today’s session of the Montenegro’s Council for Privatization and Capital Projects, chaired by ...   read more
Kviza-Trade Reports Net Income Decrease in 2011
February 21, 2012, 14:38, (Property Xpress) - Ukrainian issuer of bonds OOO Kviza-Trade increased its net loss by 2.8 times in 2011 compared to 2010, to up ...   read more
St. Petersburg Luxury Hotel up for Sale
February 21, 2012, 13:56, (Property Xpress) - A luxury St. Petersburg hotel has been placed for sale for RUB 14.7 bln. Given the total price, the cost per ...   read more
Auchan Romania Reports Share Capital Increase
February 21, 2012, 13:40, (Property Xpress) - French hypermarket chain Auchan, controlled by the Mulliez family, has increased the capital of its Romanian ...   read more
AFI Development Expects USD 118 mln in Revenue from AFIMall
February 21, 2012, 13:10, (Property Xpress) - AFI Development saw a sharp increase in daily traffic in its Moscow-based AFIMall shopping center in December, ...   read more
US Auto Parts Supplier to Invest USD 10 mln in Moldova
February 21, 2012, 12:36, (Property Xpress) - A US-based manufacturer of automotive interiors systems is considering establishing a USD 10 mln plant in ...   read more
Vnukovo Airport to Build Maintenance Hangar
February 21, 2012, 12:03, (Property Xpress) - Moscow’s Vnukovo Airport, along with OAO Airline Transaero, will build a hangar for two A380 airplanes and a ...   read more
Great Wall Motors Opens First European Plant
February 21, 2012, 11:04, (Property Xpress) - China’s car maker Great Wall Motor, in conjunction with Bulgaria’s Litex Motors, has opened its first ...   read more
St. Petersburg Rechnaya Hotel Sold to Local Developer
February 21, 2012, 10:28, (Property Xpress) - Vladimir Kekhman, director of the Mikhailovsky Theater and principal owner of Russia’s largest fruit ...   read more
Ukrainian Developer to Raise UAH 410 mln via Bonds
February 21, 2012, 10:11, (Property Xpress) - A Ukrainian company plans to raise UAH 410.5 mln through a domestic bond issue by placing bonds of series K-W ...   read more
St. Petersburg Developer Acquires 15 Ha for Comfort-Class Housing
February 21, 2012, 9:16, (Property Xpress) - A St. Petersburg investment and construction group has completed a deal to acquire 15 ha of land near the ...   read more
LPP Group Leases 1,500 Sq. m at Rayon Shopping Mall
February 21, 2012, 8:52, (Property Xpress) - Poland’s LPP Group will open its first mono-brand Mohito store in Ukraine, in Rayon shopping center, ...   read more
Magnit Acquires Land for Next Russian Hypermarket
February 20, 2012, 17:05, (Property Xpress) - Russia’s largest retail chain by number of stores, Krasnodar-based Magnit, has purchased the 4.6 ha site of ...   read more
Ukrainian Fora Retail Chain Reports 45 Pct Increase in 2011 Sales
February 20, 2012, 16:42, (Property Xpress) - Kiev-registered OOO Fora, a member of Fozzy group of companies, said its net income increased by 44.8 pct in ...   read more

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