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Accor to Focus on Economy Class Hotels in Russia and CIS
June 03, 2010, 13:05, (Property Xpress) - French multinational corporation Accor, with more than 4,000 hotels worldwide, plans to open at least 50 new ...   read more
PIK-Kama to Build 12,000 Sq. m of Residential Space in Perm
June 03, 2010, 12:44, (Property Xpress) - PIK-Kama, a subsidiary of Moscow-based property developer PIK Group, plans to begin construction work on Iva ...   read more
Stroyservice to Invest EUR 25 mln in Voronezh Hotel
June 03, 2010, 12:10, (Property Xpress) - Voronezh-based Stroyservice will construct a four star hotel in the center of the city. The cost of the ...   read more
Kiev Plans Large Theme Park Project
June 03, 2010, 11:23, (Property Xpress) - Kiev city authorities intend to begin construction of a theme park in the Ukrainian capital in 2011. The ...   read more
10,000 Sq. m Research Center Planned near Moscow
June 03, 2010, 10:09, (Property Xpress) - A 10,000 sq. m research center will be developed near Moscow. The project is being designed by the US-based ...   read more
Finiex Raises USD 100 mln for Russian Real Estate
June 03, 2010, 9:52, (Property Xpress) - Finiex investment group, recently established by the German businessman Michael Milmann, has persuaded a ...   read more
Finn Flare to Launch 32 Stores by End’2010
June 03, 2010, 9:21, (Property Xpress) - Retail chain Finn Flare intends to open 32 own and franchise stores in Moscow and the regions by the end of ...   read more
Russian Ministry of Defense to Auction Site in St. Petersburg
June 03, 2010, 9:00, (Property Xpress) - The Russian Ministry of Defense has announced an auction to sell a 6,215 sq. m building, next to ...   read more
Cora Retail Chain Acquires 40,000 Sq. m Site in Brasov
June 03, 2010, 8:34, (Property Xpress) - On June 2, the general directorate of public finance in Brasov sold the site of the former Hidromecanica ...   read more
Sochi to Sell Lease Rights over Seven Sites
June 03, 2010, 7:40, (Property Xpress) - The Sochi property relations department has announced a public auction to sell three-year lease rights over ...   read more
Negoita Brothers to Start Housing Project in Bucharest
June 03, 2010, 7:11, (Property Xpress) - Romanian businessmen Ionut and Robert Negoita, owners of Pro Confort Group, will start a 250 apartment project ...   read more
Norman-Vivat Builds Retail Center in Perm
June 02, 2010, 15:14, (Property Xpress) - Group of companies Norman-Vivat, the largest retailer in Perm, has begun construction work on a one-story, ...   read more
Zhilstroy-2 to Start Three Housing Projects in 2010
June 02, 2010, 14:41, (Property Xpress) - Kharkov-based AO Zhilstroy-2 intends to begin construction of two apartment buildings by the end of this year, ...   read more
CTC Media Signs 7,000 Sq. m Lease at Moscow Office Center
June 02, 2010, 14:05, (Property Xpress) - Russia’s CTC Media has concluded a 7,000 sq. m lease deal in Moscow. The new company headquarters will be ...   read more
Land Lots near Utkina Zavod in St. Petersburg Go to Auction
June 02, 2010, 13:27, (Property Xpress) - Two land lots near Utkina Zavod in St. Petersburg will be auctioned this July. The first plot of land, of ...   read more
Tiago Mall Sale Fails
June 02, 2010, 12:54, (Property Xpress) - The auction to sell Tiago Mall in Oradea, Romania will be rescheduled due to a lack of bidders, said the ...   read more
Integrated Development Project Planned for St. Petersburg
June 02, 2010, 12:25, (Property Xpress) - An integrated development project, including residential, public and business buildings, will be implemented ...   read more
Grocery Retailer to Resume Bulgarian Expansion
June 02, 2010, 11:37, (Property Xpress) - A grocery retail chain operator said it will resume its expansion in Bulgaria, frozen due to the crisis last ...   read more
Detski Mir Aims to Boost Sales by 20 Pct
June 02, 2010, 11:06, (Property Xpress) - Group of companies Detsky Mir will be seeking to increase its stores by 10 new units and boost sales by 20 pct ...   read more
Podgorica-based Industrial Firm Declared Bankrupt
June 02, 2010, 10:29, (Property Xpress) - One of the oldest Montenegrin companies with 420 employees and EUR 30 mln of debt has been declared bankrupt. ...   read more
Gamma Invest to Extend Europe Mall in Kaliningrad
June 02, 2010, 9:46, (Property Xpress) - Kaliningrad-based Gamma Invest will build the second stage of Europe Mall in the city, slated for completion ...   read more
Aleia Parva Obtains Building Permit in Varna, Bulgaria
June 02, 2010, 9:29, (Property Xpress) - In mid-May, Varna’s chief architect Petar Yordanov signed building permits for five buildings, part of the ...   read more
Tashir Group Acquires Moscow Residential Project
June 02, 2010, 9:05, (Property Xpress) - Russian Tashir group of companies, owner of a shopping centers network, has bought the 100,000 sq. m ...   read more
Serbia to Spend EUR 22 mln for Airport Project
June 02, 2010, 8:37, (Property Xpress) - The Government of Serbia and Nikola Tesla international airport in Belgrade will finance conversion of the ...   read more
Hyatt Affiliates 200-Room Hotel in Sochi
June 02, 2010, 7:57, (Property Xpress) - In late May, Yug Noviy Vek company, part of Snegiri Development and Hyatt International signed a letter of ...   read more

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