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Praktiker Adopts Restructuring Program
November 25, 2011, 10:47, (Property Xpress) - German DIY retail group Praktiker intends to close about 15 pct of its 236 stores in Germany and withdraw from ...   read more
O1 Properties Sells Gamma Business Center
November 25, 2011, 10:10, (Property Xpress) - Russia’s O1 Properties, controlled by Boris Mints, co-owner of Open Investments, has sold its Gamma office ...   read more
Design of Five Star Hotel Presented in Ukraine
November 25, 2011, 9:41, (Property Xpress) - A five star accommodation unit, to be operated by an international hotel operator, will be built in the ...   read more
Klever Asset Management to Build Sochi Hotels
November 25, 2011, 9:02, (Property Xpress) - Yuri Zhukov, one of the PIK Group founders, intends to participate in Olympic construction in Sochi. His ...   read more
Ukrainian Infrastructure Project Finds Investor
November 25, 2011, 8:36, (Property Xpress) - A Ukrainian infrastructure project has found an investor which is expected to start preparations later this ...   read more
MirLand Development Plans New Russian Project
November 24, 2011, 16:45, (Property Xpress) - MirLand Development Corporation, owned by Israeli investment holding Fishman Group, intends to start a new ...   read more
Two Italian Companies to Build Serbian Production Facilities
November 24, 2011, 15:57, (Property Xpress) - Two Italian companies have expressed interest to invest in new production facilities in Serbia. The first ...   read more
Affordable Housing Project Breaks Ground in Russia
November 24, 2011, 14:55, (Property Xpress) - An official ceremony to mark the construction start of an affordable housing project in the Russian city of ...   read more
Ukrainian Group to Start Residential, Office Developments
November 24, 2011, 14:04, (Property Xpress) - A Kiev-based group will start construction of an apartment complex in the central part of the city as well as ...   read more
Montenegro Prolongs Deadline for Tivat Golf Resort Bids
November 24, 2011, 13:39, (Property Xpress) - The Montenegrin Privatization and Capital Investment Council today announced it has extended the deadline for ...   read more
Foundation Laid for RUB 2.5 Bln Client Center
November 24, 2011, 13:23, (Property Xpress) - The foundation stone to mark the construction start of a RUB 2.5 bln client support center was laid in the ...   read more
EUR 11 mln Construction Contract Awarded in Montenegro
November 24, 2011, 12:44, (Property Xpress) - A consortium of two construction companies has been awarded a EUR 11 mln contract to build three residential ...   read more
Construction Resumes on Moscow High-Rise Office Building
November 24, 2011, 12:25, (Property Xpress) - Construction work on a high-rise office building in Moscow will be resumed by the end of the year. This was ...   read more
Update: German Group Seeks Location for Factory Construction
November 24, 2011, 11:51, (Property Xpress) - A German-based multinational company is reviewing sites in five countries in Central and Eastern Europe to ...   read more
Karat Group Leases Space at St. Petersburg Logistics Center
November 24, 2011, 11:11, (Property Xpress) - Russian distributor of automobile oils and cosmetics Karat Group has rented 6,500 sq. m of warehouse space at ...   read more
Carpatair to Build Timisoara Maintenance Hangar
November 24, 2011, 10:41, (Property Xpress) - Romanian Carpatair Airline could invest EUR 15 mln in building a hangar in Timisoara, to provide aircraft ...   read more
New Hilton Garden Inn Hotel Planned for Russia
November 24, 2011, 10:26, (Property Xpress) - Construction of a Hilton Garden Inn accommodation facility is planned to be carried out in the Russian ...   read more
Arco Adjusts Investment Agreement for Sofia Housing Estate
November 24, 2011, 9:53, (Property Xpress) - On November 23, Arco Invest EOOD, a subsidiary of Estonian Arco Vara, signed a deed of conveyance with Cleves ...   read more
IT Firm to Establish Russian R&D Center
November 24, 2011, 9:15, (Property Xpress) - A multinational information technology company is considering establishing a research and development (R&D) ...   read more
Neighborhood Shopping Center to Appear in Bucharest
November 24, 2011, 8:43, (Property Xpress) - A neighborhood shopping center will be built in the Romanian capital. The project, which is in the public ...   read more
Update: Two Hotel Assets Change Owners
November 23, 2011, 16:51, (Property Xpress) - An offshore company has raised its stake in the owner of two hotel properties in downtown locations in the ...   read more
ExpoForum Starts St. Petersburg Exhibition Center Project
November 23, 2011, 16:21, (Property Xpress) - Gazprom’s structure ExpoForum has laid the foundation stone for construction of an international congress ...   read more
LSR Group Starts Moscow Housing Development
November 23, 2011, 15:45, (Property Xpress) - Mosstroyrekonstruktsiya, a subsidiary of LSR Group, has started construction of a new residential project in ...   read more
Kiev Allocates Land for Office Buildings
November 23, 2011, 15:21, (Property Xpress) - At its November 10 session, Kiev City Council allocated land on 53-55, Vasilkovskaya Street in Pechersk ...   read more
U.S. Fashion Group to Debut in Russia
November 23, 2011, 14:43, (Property Xpress) - A US-based fashion group will enter the Russian retail market through a franchise partner. According to ...   read more

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