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Etalon Group Reports Steady Sales Growth in Q3’2011
October 31, 2011, 15:30, (Property Xpress) - Russia’s largest residential real estate developer Etalon Group said new contract sales increased 22 pct ...   read more
Monterra Montenegro Starts New Building Project
October 31, 2011, 14:59, (Property Xpress) - Monterra Montenegro, which has resumed construction work on Astra project at Zavala Cape, has started a new ...   read more
G’Market Exits Romanian Retail Business
October 31, 2011, 13:57, (Property Xpress) - G’Market grocery chain, which earlier this year brought together six Romanian supermarkets, has exited the ...   read more
Nestle and Kraft Foods Bet on Russia
October 31, 2011, 13:33, (Property Xpress) - The world’s largest food companies, Nestle and Kraft Foods, have expressed intentions to expand their ...   read more
Dutch/German JV Files Bid to Lease Montenegro Land
October 31, 2011, 13:20, (Property Xpress) - Podgorica-based LPGD, owned by the Netherlands-based Limon BV, has purchased documents to participate in the ...   read more
Moscow to Auction National Hotel
October 31, 2011, 13:05, (Property Xpress) - The City of Moscow intends to privatize one of its most iconic assets in December. The local authorities will ...   read more
Suceava Airport to Undergo Modernization
October 31, 2011, 12:49, (Property Xpress) - Romanian Transport Minister Anca Boagiu and Suceava County Council President Gheorghe Flutur signed a contract ...   read more
LSR Group Acquires St. Petersburg Hotel Project
October 31, 2011, 10:54, (Property Xpress) - Russian developer LSR Group has announced signing an agreement to acquire OOO AvtoKomBalt, a company, ...   read more
Russian Auto Parts Maker to Invest EUR 30 mln in New Plant
October 31, 2011, 10:28, (Property Xpress) - A Russian auto parts manufacturer plans to invest EUR 30 mln in building a new plant in the city of Nizhny ...   read more
Mercator Sellers to Start Negations with Agrokor
October 31, 2011, 10:25, (Property Xpress) - The consortium of 11 banks and companies, representing the owners of a 50.03 stake in Slovenia’s largest ...   read more
UK Firm Wins Design Competition in Russia
October 31, 2011, 9:29, (Property Xpress) - A UK-based architectural practice has won an 18-month contract to design a part of the new GBP 262 mln worth ...   read more
Construction of Five Star Hotel to Start in Montenegro
October 31, 2011, 9:27, (Property Xpress) - Preliminary work for building a new five star hotel in Montenegro is scheduled to start in spring next year. ...   read more
Basic Element Joins Forces with Changi Airports and Sberbank
October 31, 2011, 8:25, (Property Xpress) - Today, Basic Element, controlled by Oleg Deripaska, will sign a memorandum of cooperation with Sberbank and ...   read more
Bucharest City Mall Acquired for EUR 17 mln
October 31, 2011, 8:23, (Property Xpress) - Greek businessman Ioannis Papalekas, one of the former owners of City Mall shopping center in Bucharest, has ...   read more
Update: Sofia Office Center Sold for EUR 23 mln
October 31, 2011, 8:20, (Property Xpress) - A Greek-based investment fund has agreed to acquire Kambanite Business Center on Sofia Ring Road in Mladost 4 ...   read more
YIT: Strong Residential Sales Volume Continued in Russia
October 28, 2011, 12:48, (Property Xpress) - Finnish real estate developer YIT said Russia generated 82 pct (1–9 /2010: 90 pct) of the revenue of ...   read more
Montenegro to Announce Tender for Airport Reconstruction
October 28, 2011, 12:28, (Property Xpress) - The Montenegrin President Filip Vujanovic expects to finalize the tender for establishing a public-private ...   read more
UK Firm to Pour USD 60 mlin into Russian Industrial Unit
October 28, 2011, 12:05, (Property Xpress) - A UK-based company is planning to start construction of a manufacturing facility in the Russian city of ...   read more
Finn Flare Mulls New Store Openings in Ukraine
October 28, 2011, 11:44, (Property Xpress) - Finn Flare, one of the most popular retailers in the Russian clothing market, operating in the average plus ...   read more
Etalon Group to Buy Back GDRs
October 28, 2011, 11:20, (Property Xpress) - Russia’s residential real estate developers Etalon Group today announced it has approved a proposed purchase ...   read more
EBRD Opens USD 79 mln Credit Facility to Ukrainian Industrial Enterprise
October 28, 2011, 10:35, (Property Xpress) - The European Bank for Reconstruction and Development (EBRD) has agreed to provide a USD 79 mln loan to one of ...   read more
Naberezhnaya Europe Land Handed over to Petersburg City
October 28, 2011, 10:15, (Property Xpress) - The land under the Naberezhnaya Europe investment project in St. Petersburg has been handed over to the new ...   read more
Dutch Firm Presents Belgrade Skyscraper Project
October 28, 2011, 9:46, (Property Xpress) - A Netherlands-based company yesterday presented an 80-floor skyscraper project, to be built in New Belgrade, ...   read more
Massachusetts Institute of Technology and Skolkovo Foundation Sign Agreement
October 28, 2011, 9:20, (Property Xpress) - On October 25, the Massachusetts Institute of Technology (MIT) and the Skolkovo Foundation signed a 70-page ...   read more
Construction of Two Logistics Centers Resumed in Ukraine
October 28, 2011, 9:03, (Property Xpress) - Construction of two Ukrainian warehouse projects was resumed in the third quarter of 2011. This was announced ...   read more

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