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AFI Development to Unfreeze Three Russian Projects
February 15, 2010, 16:02, (Property Xpress) - AFI Development, a leading real estate company focused on developing property in Russia and the CIS, has ...   read more
Mercator Acquires Retail Development in Biograd, Croatia
February 15, 2010, 15:20, (Property Xpress) - Slovenian chain Mercator has acquired an 8,000 sq. m retail center in Biograd, Croatia currently under ...   read more
Cottage Village Planned near Kiev, Ukraine
February 15, 2010, 14:24, (Property Xpress) - Construction on a cottage community in the village of Bolshoy Les in the Borodyansky district, Kiev region ...   read more
St. Petersburg to Auction Land in Krasnogvardeysky Area
February 15, 2010, 14:07, (Property Xpress) - On March 3, the Property Fund of St. Petersburg will auction two sites in Krasnogvardeysky area in the city, ...   read more
King Cross Leopolis to Open in March
February 15, 2010, 13:49, (Property Xpress) - The second stage of the King Cross Leopolis shopping mall in Lviv is scheduled to open on March 3. The ...   read more
Oriflame Signs 5,000 Sq. m Lease at Megalogix Novosibirsk
February 15, 2010, 13:30, (Property Xpress) - Swedish company Oriflame has signed a five-year lease agreement to occupy 5,000 sq. m of warehouse and office ...   read more
Developer to Raise Funds for Serbian Investment
February 15, 2010, 13:10, (Property Xpress) - A real estate developer is considering two options to raise between USD 300 mln and USD 500 mln in a move ...   read more
Industrial Site Sold in Zelenogorsk
February 15, 2010, 12:23, (Property Xpress) - The Russian Federal Fund for Housing Development has sold land, warehouse and industrial facilities in St. ...   read more
Ski Resort under Way in Romania
February 15, 2010, 11:41, (Property Xpress) - A large ski resort in Petrosani, Romania is planned to be built from scratch, said Minister of Regional ...   read more
Renova StroyGroup Wins Defence Ministry Auction
February 15, 2010, 10:18, (Property Xpress) - Renova StroyGroup has won an auction of the Russian Ministry of Defence to sell housing units in ...   read more
VTB North-West Grants USD 10 mln for St. Petersburg Mixed-use Project Completion
February 15, 2010, 9:43, (Property Xpress) - VTB North-West Bank has opened two, non-revolving credit lines totaling RUB 327 mln (USD 10.83 mln) to ZAO ...   read more
Fund to Invest EUR 160 mln in Eastern European Property Acquisitions
February 15, 2010, 8:57, (Property Xpress) - A London-headquartered fund has raised EUR 160 mln to invest in emerging Europe, mainly in Romania and ...   read more
Siberia Hotel Sold in Barnaul
February 15, 2010, 8:28, (Property Xpress) - In late January, Gossib company, a subsidiary of Russian Magis trade and industrial group, sold Siberia Hotel ...   read more
British Hafra Limited Increases Stake in Ukrainian Hotel
February 12, 2010, 15:02, (Property Xpress) - London-based Hafra Limited has increased its stake in Ukrainian, Yalta-registered ZAO Oreanda, from 26.28 to ...   read more
Accor Launches Third Novotel Hotel in Russia
February 12, 2010, 14:36, (Property Xpress) - About USD 30 mln has been invested in construction of the four star Novotel Yekaterinburg Center in Russia, ...   read more
Israeli Company to Start Resort Development in Romania
February 12, 2010, 14:16, (Property Xpress) - An Israeli real estate developer has announced a resort project in Romania. The company is planning to develop ...   read more
Blagoveshchensk Airport to Open in 2011
February 12, 2010, 13:18, (Property Xpress) - The new airport terminal in Blagoveshchensk, Amur region, valued at RUB 1.0 bln (USD 33 mln), is expected to ...   read more
Gvardeysky Business Center Opens in Rostov-on-Don
February 12, 2010, 12:22, (Property Xpress) - Yesterday, a 16-story, B + class business center opened in Rostov-on-Don. The Gvardeysky office center ...   read more
Austrian Group to Build EUR 35 mln Shopping Village in Serbia
February 12, 2010, 11:32, (Property Xpress) - An Austrian property development company will invest EUR 35 mln to build an outlet center in Serbia. The ...   read more
PFI-Group Gains Control over Alpiyskaya Gorka Development
February 12, 2010, 10:54, (Property Xpress) - The most ambitious construction project of Kamskaya Dolina group of companies, Alpiyskaya Gorka should be ...   read more
Romanian Industrial Project Attracts Funding
February 12, 2010, 10:14, (Property Xpress) - A production project in Romania, aimed at becoming an industrial cluster, has attracted a EUR 140 mln loan ...   read more
BiK Group to Invest in Voronezh Hotel
February 12, 2010, 9:34, (Property Xpress) - Russian group of companies BiK, specializing in construction and management of office centers, has decided to ...   read more
Best Western Affiliates First Ukrainian Hotel
February 12, 2010, 8:27, (Property Xpress) - Best Western International has announced expanding its portfolio in Eastern Europe with its first hotel in ...   read more
USD 200 mln Center for Polar Tourism Planned for Yamal
February 12, 2010, 8:15, (Property Xpress) - The Yamal Government and a Finnish consortium have signed an agreement on cooperation in the framework of the ...   read more
BauMax Sets Romanian Growth Targets
February 12, 2010, 7:52, (Property Xpress) - Austrian group BauMax intends to open between three and five Romanian DIY stores by 2012, speculating on ...   read more

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