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Magnit Posts 7.2 Pct Profit Increase in Q1
May 17, 2010, 15:41, (Property Xpress) - Magnit, Russia’s largest retailer in terms of store numbers, said its net profit increased by 7.2 pct in the ...   read more
Montenegrin Hotel Signs Franchise Deal with Hilton
May 17, 2010, 15:22, (Property Xpress) - On Wednesday, Hilton Worldwide (formerly, Hilton Hotels Corporation), a subsidiary of the Blackstone Group, ...   read more
Mavis Begins Residential Project in St. Petersburg
May 17, 2010, 14:55, (Property Xpress) - Investment and construction company Mavis has begun construction of its Mechta (Dream) residential project, ...   read more
Construction on Large-Scale Tourist Resort to Start in Montenegro
May 17, 2010, 14:28, (Property Xpress) - This autumn, construction work on the first phase of a large scale tourist resort will start in Montenegro. ...   read more
Zagreb Airport Plans New Terminal Construction
May 17, 2010, 13:44, (Property Xpress) - A contract with a private partner is expected to be signed by the end of the year, where the firm will operate ...   read more
Update: Sonae Sierra Mulls EUR 100 mln Investment in Serbia
May 17, 2010, 12:59, (Property Xpress) - Portuguese shopping center specialist Sonae Sierra is preparing a mixed-use investment in Belgrade. The ...   read more
Norwegian Real Estate Fund to Enhance Presence in Russia
May 17, 2010, 12:36, (Property Xpress) - A London-based, Norwegian real estate fund, focusing on commercial property investments in the Russian ...   read more
Italians to Invest in Golf Project in Moldova
May 17, 2010, 12:03, (Property Xpress) - A group of Italian entrepreneurs is going to invest in construction of a golf course in the Republic of ...   read more
Five Ski Resorts Planned for Russia
May 17, 2010, 10:24, (Property Xpress) - Five new ski resorts estimated at more than RUB 450 bln are planned to be built in the North Caucasus area by ...   read more
Bulgarian Bank Acquires Leisure Premises in Sandanski
May 17, 2010, 9:55, (Property Xpress) - United Bulgarian Bank, a subsidiary of the Greek-based National Bank of Greece, has purchased leisure premises ...   read more
Moscow Hotel Controlling Share Transferred to Cyprus Offshore
May 17, 2010, 9:39, (Property Xpress) - Last week, the Federal Antimonopoly Service of the Russian Federation (FAS) allowed Cyprus-based Lansgrade ...   read more
Hurdzan Fry to Develop Golf Strategy for Montenegro
May 17, 2010, 9:15, (Property Xpress) - The US-based Hurdzan Fry Environmental Golf Design has won the tender to prepare a golf development strategy ...   read more
RusHydro to Purchase Moscow Office Center
May 17, 2010, 8:45, (Property Xpress) - Russia’s biggest hydro-generating company RusHydro plans to buy a 14,700 sq. m office center on Malaya ...   read more
IKEA to Start Construction on First Bulgarian Store in June
May 17, 2010, 8:16, (Property Xpress) - Construction work on the first IKEA hypermarket in Bulgaria will be launched on June 3 this year, according ...   read more
Russian Firm to Raise Funds for Hotel Project
May 17, 2010, 7:58, (Property Xpress) - A Russian company is going to auction its country park hotel near St. Petersburg in the third quarter of 2010. ...   read more
EUR 40 mln Provided for Shopping Mall in Croatia
May 17, 2010, 7:36, (Property Xpress) - A EUR 40 mln syndicated loan will be provided to finance construction of a shopping and entertainment center ...   read more
Galeria Shopping Mall Signs with Anchor
May 14, 2010, 15:29, (Property Xpress) - One of the anchor tenants of the Galeria shopping and entertainment center in St. Petersburg will be SapSan ...   read more
French-Turkish Consortium Wins Airport Concession Contract
May 14, 2010, 15:11, (Property Xpress) - A French-Turkish consortium has won a 20-year concession contract to operate the Kosovo’s only international ...   read more
Triumph Mall to Open in June
May 14, 2010, 14:54, (Property Xpress) - Fishman’s Russian real estate development arm, MirLand, has completed construction work on its Triumph Mall ...   read more
Atlas Estates to Delist from AIM
May 14, 2010, 14:29, (Property Xpress) - Atlas Estates Limited, a Central and Eastern European property investment and development company, listed on ...   read more
Mikhail Prokhorov Receives Control over Seventh Continent
May 14, 2010, 13:02, (Property Xpress) - Mikhail Prokhorov through his International Financial Club (IFC-Bank) has bought most of the Seventh ...   read more
Marriott to Open Hotel in Macedonia, Hopes for European Expansion
May 14, 2010, 12:23, (Property Xpress) - The first Marriott hotel in Macedonia will be built in the capital city and require a EUR 37 mln investment. ...   read more
Euroset to Change Headquarters
May 14, 2010, 11:54, (Property Xpress) - Russia’s largest mobile handset retailer Euroset has rented 1,350 sq. m of office space at the 36-floor of a ...   read more
Reikartz Affiliates Hotel in Nikolaev
May 14, 2010, 11:28, (Property Xpress) - Ukrainian Reikartz Hotel Management, operating five hotels under the Reikartz brand, has taken over the ...   read more
Moscow Transfers Land for Chinese Business Center
May 14, 2010, 11:10, (Property Xpress) - The former site of Ostankino Park in the Moscow North-East administrative district will be given to the Main ...   read more

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