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Design Competition Expected for St. Petersburg Historic Site
September 29, 2011, 12:13, (Property Xpress) - An international design competition is expected to be announced next year by the St. Petersburg city ...   read more
Private Equity Funds Vie for Control over Slovenia’s Mercator
September 29, 2011, 11:33, (Property Xpress) - Only private equity funds have submitted bids to purchase a controlling stake in Mercator Group, according to ...   read more
IKEA Opens Mega Samara Shopping Center
September 29, 2011, 11:00, (Property Xpress) - Swedish IKEA on Thursday opened its Mega shopping center in Samara, whose initial opening was to be held in ...   read more
Nokia to Close down Romanian Manufacturing Facility
September 29, 2011, 10:38, (Property Xpress) - Finnish Nokia today announced plans to take additional actions to align its workforce and operations. In ...   read more
Three Star Hotel Goes to Auction in Russia
September 29, 2011, 10:06, (Property Xpress) - An 80-room three star hotel building, along with the land beneath will be auctioned at a starting price of USD ...   read more
Tisak to Invest in New Zagreb Headquarters, Distribution Building
September 29, 2011, 9:39, (Property Xpress) - Croatian company Tisak, majority owned by Agokor, has signed an agreement to lease an office building and ...   read more
St. Petersburg Sells Land in Primorsky District
September 29, 2011, 9:10, (Property Xpress) - The St. Petersburg Property Fund yesterday sold 1.5 ha of land in Primorsky district of the city to SK Temp ...   read more
Ukrainian Hotel Borrows USD 30 mln
September 29, 2011, 8:30, (Property Xpress) - A Ukrainian hotel company, operating a four star accommodation unit in the Crimea, has announced signing a USD ...   read more
Investment Fund Acquires Stake in Volgograd Residential Project
September 29, 2011, 8:01, (Property Xpress) - An independent private equity fund management firm focused on real estate investments in Russia has completed ...   read more
German Car Parts Supplier to Build Romania Plant
September 29, 2011, 7:37, (Property Xpress) - A German company will invest EUR 15 mln in building a new production facility on the site of the Ford ...   read more
Tamaris Hotel Demolition to Start in October
September 28, 2011, 15:08, (Property Xpress) - Demolition of the Tamaris Hotel in Igalo, Montenegro, should start in October. This was announced by the ...   read more
Sberbank Signs EUR 50 mln Refinance Deal with Hotel Investor
September 28, 2011, 14:57, (Property Xpress) - The North-West branch of Sberbank of Russia has agreed to open a EUR 50 mln seven-year credit line to ...   read more
Developer Raises Cash to Finance Retail Center in Romania
September 28, 2011, 14:28, (Property Xpress) - An international real estate developer has raised EUR 36 mln in cash from a shopping and entertainment center ...   read more
Krasnodar Firm to Develop RUB 1.3 Bln Tourist Resort
September 28, 2011, 12:58, (Property Xpress) - A Krasnodar-based company has begun construction of a tourist complex in Russia’s balneological resort ...   read more
Israeli Firm Mulls Luxury Resort Development in Croatia
September 28, 2011, 12:44, (Property Xpress) - Representatives of an Israeli-based venture capital firm, owner of the abandoned and devastated property Badel ...   read more
Renaissance to Develop Shopping Mall Chain in Siberia
September 28, 2011, 11:51, (Property Xpress) - Turkey’s Renaissance Development has unveiled plans to develop a number of shopping centers in Siberia. ...   read more
Update: 175,000 Sq. m Shopping Mall Planned for Sofia, Bulgaria
September 28, 2011, 11:23, (Property Xpress) - Paata Gamgoneishvili, Roland Isaev and Teimuraz Hihinashvili, founders of the Russian property developer ...   read more
Petrovich to Penetrate St. Petersburg Regional Market
September 28, 2011, 10:44, (Property Xpress) - Russia’s chain of building materials stores Petrovich will invest EUR 40-45 mln in regional development in ...   read more
German Firm to Buy Land to Expand Romanian Production Capacity
September 28, 2011, 10:15, (Property Xpress) - A German company, which last week confirmed interest in expanding its production capacity in Romania, intends ...   read more
European Glass Maker to Build Factory in Russia
September 28, 2011, 9:38, (Property Xpress) - A European glass maker is looking for a suitable site to build a modern manufacturing facility in the Russian ...   read more
Ave Plaza Mixed-use Center to Open in Q4’2011
September 28, 2011, 9:08, (Property Xpress) - The opening of Ave Plaza retail and office building in the center of the Ukrainian city of Kharkov is ...   read more
Exxon to Build Polytechnic Institute in Russia
September 28, 2011, 8:56, (Property Xpress) - U.S.-based oil and gas company Exxon plans to develop a building for the Polytechnic Faculty of the Sakhalin ...   read more
Italian Businessman Purchases Abandoned Building in Croatia
September 28, 2011, 8:35, (Property Xpress) - An Italian businessman has bought at auction a building on the Croatian Losinj Island. The real estate, ...   read more
Investment Fund to Dispose of Moscow Office Property
September 28, 2011, 7:51, (Property Xpress) - A US-based real estate investment fund has exposed on sale its only asset in Russia, a business center tower ...   read more
Italian Group to Develop Bucharest Office Building
September 28, 2011, 7:21, (Property Xpress) - An Italian construction and real estate development group active in Romania plans to implement an office ...   read more

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