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Europa Capital Invests in Bucharest Residential Development
May 11, 2012, 8:32, (Property Xpress) - Europa Capital investment fund, in partnership with another company active in the Romanian market, is building ...   read more
O1 Properties Cancels IPO
May 11, 2012, 7:39, (Property Xpress) - Russia’s real estate investment company O1 Properties has decided to postpone its London IPO due to adverse ...   read more
Update: Residential Estate to Replace St. Petersburg Hotel
May 10, 2012, 14:49, (Property Xpress) - А 970-apartment project will be developed on 195, Obukhovskaya Oborona Prospect in St. Petersburg, on the ...   read more
Comnord Awarded Contract for Silver Mountain Expansion
May 10, 2012, 14:17, (Property Xpress) - Bucharest-based construction company Comnord has begun work on the Silver Mountain expansion project in Poiana ...   read more
Update: McDonald’s Signs First Russian Franchise Deal
May 10, 2012, 12:59, (Property Xpress) - McDonald’s has announced signing a partnership agreement with Rosinter Group to franchise restaurants in ...   read more
Zeljko Kerum and Danko Koncar to Form JV for Marjan Hotel Completion
May 10, 2012, 12:52, (Property Xpress) - Croatian entrepreneurs Zeljko Kerum and Danko Koncar have agreed on all details related to the sale/purchase ...   read more
Normann to Start St. Petersburg Affordable Housing Project
May 10, 2012, 12:31, (Property Xpress) - Russian company Normann has received permission to start construction of its three-stage residential complex ...   read more
S IMMO to Start EUR 66 mln Bucharest Office Development
May 10, 2012, 12:18, (Property Xpress) - Austrian investment fund S IMMO, owner of Sun Plaza shopping center in the Bucharest Berceni area, will invest ...   read more
UNR Holdings Provides Updates on Marshal Rybalko Project
May 10, 2012, 10:23, (Property Xpress) - UNR Holdings, a commercial and residential real estate development and construction company, operating in the ...   read more
Industrial Park Project to Break Ground in Romania
May 10, 2012, 10:22, (Property Xpress) - An international investment company will start building an industrial park on a 545,800 sq. m site in the ...   read more
US/Russian JV to Establish Moscow Production Site
May 10, 2012, 9:26, (Property Xpress) - A US-Russian joint venture company will establish a distribution and production unit in the premises of the ...   read more
German Firm Eyes Bulgaria, Macedonia and Romania for IT-Center Location
May 10, 2012, 8:54, (Property Xpress) - A German IT services and consulting company is interested in establishing a computer center in Eastern ...   read more
Moscow Elite Residential Project Gets Green Light
May 10, 2012, 8:11, (Property Xpress) - Moscow city authorities have given the green light to a real estate project in the historic city center. In ...   read more
Overgas to Acquire Light Industrial Site in Bulgarian Province
May 10, 2012, 7:40, (Property Xpress) - Bulgarian diversified holding group of companies Overgas has expressed intentions to purchase 100 pct of the ...   read more
Two Large Hotels under Development in Golden Sands Resort
May 09, 2012, 14:17, (Property Xpress) - Construction of two large hotel and apartment complexes is being carrying out in Varna’s Golden Sands ...   read more
Flavus Investments Sells Land for EUR 21 mln
May 09, 2012, 12:49, (Property Xpress) - Romanian Tractorul company, controlled by Flavus Investitii (Flavus Investments), which in turn is owned by ...   read more
Johnson Matthey to Pour GBP 50 mln into Macedonia Industrial Facility
May 09, 2012, 11:20, (Property Xpress) - Johnson Matthey will today hold a ground breaking ceremony to mark the start of a major expansion project at ...   read more
Unita Turism Posts EUR 9.0 mln in Revenue in 2011
May 09, 2012, 10:47, (Property Xpress) - Romanian businessman Josef Goschy, owner of Unita Turism hotel chain, with nearly 3,500 rooms across the ...   read more
Mercator Postpones Takeover Negotiations
May 09, 2012, 9:58, (Property Xpress) - Negotiations between Slovenia’s Mercator and Montenegro’s Albona retail chain have been terminated, as the ...   read more
Croatian Retail Center to Undergo Redevelopment
May 09, 2012, 8:50, (Property Xpress) - An Israeli developer has decided to start the process of conversion of its retail project in Croatia. ...   read more
Sofia Municipality to Approve Property Swap Deal
May 09, 2012, 7:31, (Property Xpress) - Sofia Municipality intends to exchange its 25 pct stake in the Central Market Hall for the garden of the ...   read more
Immofinanz Exits Bosnia and Herzegovina
May 08, 2012, 16:11, (Property Xpress) - Austria’s real estate investor and developer Immofinanz has sold a 50 pct stake in a residential project in ...   read more
Samsung Rents 3,000 Sq. m at Bucharest Office Center
May 08, 2012, 14:54, (Property Xpress) - The Romanian subsidiary of the largest phone maker in the world, Samsung Electronics, has leased a 3,000 sq. m ...   read more
GO Sport Opens Romania Store
May 08, 2012, 14:38, (Property Xpress) - France’s GO Sport Group, with a business of EUR 680 mln in 2011, has opened its first store in Romania, in ...   read more
Boris Mints to Pay USD 56 mln for Moscow Office Portfolio
May 08, 2012, 12:57, (Property Xpress) - Structures of the O1 Properties owner, Boris Mints, have not yet fully paid for the office centers purchased ...   read more

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