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Sberbank to Purchase Mirax’s Debt
May 25, 2010, 6:57, (Property Xpress) - Russia’s state-owned Sberbank is in talks with Alfa-Bank to buy the debt of Mirax Group, while Alfa-Bank ...   read more
Delta Said to Sell Stake in Delta Maxi
May 24, 2010, 14:26, (Property Xpress) - According to unofficial information, Serbian businessman Miroslav Miskovic plans to sell Delta Maxi retail ...   read more
Four Seasons to Open in Russia
May 24, 2010, 13:39, (Property Xpress) - Canadian-based international luxury hotel management group Four Seasons Hotels plans to expand to Russia and ...   read more
Austrian Group to Start EUR 130 mln Shopping Center Project in Croatia
May 24, 2010, 12:55, (Property Xpress) - An Austrian shopping center specialist announced on Friday it will start construction of a new retail and ...   read more
Grupo Ortiz to Enter Bulgarian Market
May 24, 2010, 11:59, (Property Xpress) - Spain’s energy group Electra Holding has joined forces with Madrid-based construction firm Grupo Ortiz to ...   read more
PIK Group Starts Using USD 410 mln Credit Line
May 24, 2010, 11:33, (Property Xpress) - Russian group of companies PIK today announced the start of using a Sberbank credit line in the total amount ...   read more
Construction to Start on EUR 100 mln Shopping Mall in Serbia
May 24, 2010, 11:14, (Property Xpress) - Construction work on the first phase of the fourth Trosarina shopping mall will begin in Belgrade this July. ...   read more
R.G.I. to Sell 22 Pct Share to Synergy
May 24, 2010, 9:33, (Property Xpress) - RGI International Limited, an AIM listed residential and retail properties developer active in Moscow and the ...   read more
Kiev Invites Inteco to Return Back to Ukraine
May 24, 2010, 9:09, (Property Xpress) - Kiev city administration has invited Inteco, controlled by Elena Baturina, to return to the construction ...   read more
Rostelecom to Spend USD 219 mln for Data Centers
May 24, 2010, 8:13, (Property Xpress) - Russia’s national telecommunications operator Rostelecom is planning to invest USD 219 mln in renovation of ...   read more
Sol Melia Group Eyes Romanian Market
May 24, 2010, 7:50, (Property Xpress) - Spanish Sol Melia Group, the third largest hotel chain in Europe, wants to enter the Romanian market in the ...   read more
Gazprom’s Ohta Center Skyscraper Project Suspended
May 24, 2010, 7:10, (Property Xpress) - Russia’s natural-gas exporter Gazprom, which won approval for its skyscraper project in St. Petersburg on ...   read more
Update: Banking Group to Sell Real Estate Investment Funds Holdings
May 24, 2010, 7:10, (Property Xpress) - A European banking group, which earlier said it might sell its real estate investment and development arm ...   read more
Update: Banking Group to Sell Real Estate Investment Funds Holdings
May 24, 2010, 7:07, (Property Xpress) - A European banking group, which earlier said it may sell its real estate investment and development arm ...   read more
OBI Unveils Location of Second Bucharest Store
May 21, 2010, 14:52, (Property Xpress) - German DIY chain OBI, which recently announced plans to open a second Bucharest store this year, has revealed ...   read more
Supernova Karlovac to Open on May 27
May 21, 2010, 14:35, (Property Xpress) - Austrian developer M2 Gruppe will open on May 27 its Supernova shopping center in Karlovac, a regional hub ...   read more
Historic Buildings in St. Petersburg to Become Luxury Hotels
May 21, 2010, 14:26, (Property Xpress) - St. Petersburg city authorities have ordered redevelopment of four historic buildings in the city center into ...   read more
Belgian Firm to Develop 20,000 Sq. m of Logistics Space in Romania
May 21, 2010, 14:06, (Property Xpress) - A Belgian, Zwijnaarde-based real estate developer has started work on the second phase of its project in ...   read more
Zagreb Hotel in Dubrovnik Sold to Russian Businessman
May 21, 2010, 12:59, (Property Xpress) - The three-star Zagreb Hotel in Lapad Bay in Dubrovnik, Croatia has changed owner. Until recently, ...   read more
Sfera Buys 7.8 Ha of Land for USD 5.2 mln
May 21, 2010, 12:37, (Property Xpress) - Investment and construction company Sfera has been declared best bidder in the tender to buy 7.8 ha of land in ...   read more
Voestalpine to Invest EUR 19 mln in Romanian Factory
May 21, 2010, 12:02, (Property Xpress) - Austrian steelmaker Voestalpine has announced it will start construction work on its new steel service center ...   read more
11 Ha of Land in St. Petersburg Go to Auction
May 21, 2010, 11:21, (Property Xpress) - Two land lots in the vicinity of St. Petersburg, totaling more than 11 ha, will be auctioned in July by the ...   read more
Osnova-Solsif Commences Construction of Residential Building
May 21, 2010, 10:49, (Property Xpress) - Ukrainian-French joint venture Osnova-Solsif has started construction work on a 11-story residential building ...   read more
Bazis International Resumes Residential Project in Novosibirsk
May 21, 2010, 10:16, (Property Xpress) - Kazakh-based Bazis International Group, trough its Novosibirsk subsidiary, has restarted an elite residential ...   read more
Skopje-based Firm to Acquire Land for Hotel Development
May 21, 2010, 9:35, (Property Xpress) - A Skopje-based company has been declared best bidder in the tender to buy state-owned building land in the ...   read more

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