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Investment Fund Acquires Stake in Russian Medical Services Provider
April 05, 2012, 8:28, (Property Xpress) - A private equity investment fund yesterday closed a deal to acquire a 27 pct stake in Russia’s private ...   read more
East Balkan Properties to Focus on Portfolio Optimization
April 05, 2012, 8:11, (Property Xpress) - East Balkan Properties, holding a portfolio of retail and office real estate, as well as land in Bulgaria, ...   read more
French Car Parts Supplier Invests EUR 5.5 mln in Romanian Plant
April 04, 2012, 15:08, (Property Xpress) - A French car parts manufacturer will invest EUR 5.5 mln to establish a production facility in Romania, in the ...   read more
Morton Starts Butovo Park 2 Project
April 04, 2012, 14:12, (Property Xpress) - Morton group of companies has begun construction of its Butovo Park 2 residential neighbourhood in Moscow’s ...   read more
Leroy Merlin Commits to Invest USD 50 mln in Russian Unit
April 04, 2012, 13:51, (Property Xpress) - French DIY retail group Leroy Merlin has committed to invest RUB 1.5 bln (USD 50 mln) to build a ...   read more
Ukraine Sells Kiev Hotel Property for UAH 67 mln
April 04, 2012, 12:57, (Property Xpress) - The State Property Fund of Ukraine has sold at auction 100 pct of the shares of Kiev-based state enterprise ...   read more
Meganom Shopping Center to Open in June
April 04, 2012, 12:44, (Property Xpress) - Crimean Development Company is completing the first construction phase of its Meganom shopping and ...   read more
Sberbank Capital Increases Stake in Krasnaya Polyana
April 04, 2012, 12:30, (Property Xpress) - The Federal Antimonopoly Service of the RF has allowed Sberbank Capital to purchase a 31.268 pct stake in OAO ...   read more
St. Petersburg Sells Nizhnie Konyushny
April 04, 2012, 11:34, (Property Xpress) - The Property Fund of St. Petersburg has sold Konyushenny dvor (Stable Yard), also known as Nizhnie Konyushny, ...   read more
Sandor to Undertake New Real Estate Venture in Romania
April 04, 2012, 11:08, (Property Xpress) - Romanian businessman Ovidiu Sandor, owner of ModaTim group of companies, which has sold an office complex in ...   read more
Finstar to Sell Mindal Retail Chain
April 04, 2012, 10:40, (Property Xpress) - Oleg Boyko, owner of Finstar investment holding, has decided to leave the food retail trade. The businessman ...   read more
Accor Mulls New Hotel Openings in Ukraine
April 04, 2012, 10:12, (Property Xpress) - French hotel operator Accor wants to build two to three hotels in Ukraine in the next few years, COO Russia ...   read more
Moscow Developer Borrows RUB 2.3 Bln
April 04, 2012, 9:22, (Property Xpress) - A Russian bank has opened a credit line to a Moscow-based residential real estate developer. According to a ...   read more
US Technology Giant to Set up EMEA Logistics Hub in Bulgaria
April 04, 2012, 8:51, (Property Xpress) - A US technology giant is considering establishing a logistics hub in Bulgaria, as a gateway to the Middle East ...   read more
St. Petersburg Retailer to Build Shopping Center
April 04, 2012, 8:23, (Property Xpress) - A St. Petersburg retailer intends to build a three-level shopping center with a total area of 19,250 sq. m in ...   read more
Construction of Cosmos Complex to Begin in Skopje
April 04, 2012, 7:59, (Property Xpress) - Demolition work on a seven-story building in the Skopje Gazi Baba municipality will be completed in 10 days, ...   read more
Zadar Studio Wins Design Competition in Croatia
April 03, 2012, 15:51, (Property Xpress) - A Zadar-based architectural studio has been declared winner of the tender to create preliminary design ...   read more
Absolute Group to Build Three Million Sq. m of Housing near Moscow
April 03, 2012, 14:31, (Property Xpress) - Absolute Nedvizhimost, part of Absolute group of companies, controlled by Alexander Svetakov, will invest RUB ...   read more
Sofia Ring Mall to Open in Autumn 2013
April 03, 2012, 13:55, (Property Xpress) - Sofia Ring Mall, currently under construction, will be completed in July next year and launched in October, ...   read more
VEB to Provide RUB 7.0 Bln for Industrial Project
April 03, 2012, 12:53, (Property Xpress) - The Supervisory Board of Vnesheconombank (VEB) will provide RUB 7.0 bln in funding for a project aimed to ...   read more
Supernova to Start Serbian Shopping Center Construction
April 03, 2012, 12:28, (Property Xpress) - Austrian retail real estate developer Supernova intends to begin construction of a shopping center in the ...   read more
IC Expert Starts Third Stage of Novokosino-2 Scheme
April 03, 2012, 11:58, (Property Xpress) - Russian investment and development company Expert has begun construction of the third stage of its ...   read more
US Firm to Start Construction of Romanian Factory
April 03, 2012, 11:15, (Property Xpress) - A US-based group has started a USD 40 mln investment in construction of a manufacturing facility in Romania. ...   read more
YIT CityStroi Starts Moscow Suburban Housing Developemnt
April 03, 2012, 10:55, (Property Xpress) - YIT CityStroi, a subsidiary of the Finnish concern YIT, has started construction of a new residential complex ...   read more
KDD Group to Close Deal to Sell Sky Towers Project
April 03, 2012, 10:30, (Property Xpress) - KDD Group, one of the largest Ukrainian developers, has had its shares suspended from trading on the London ...   read more

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