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Ohta to See Skyscraper Construction in 2010
November 12, 2009, 13:42, (Property Xpress) - Russia’s NPK Compozit has decided to relocate its production facility from Ohta to the Kirov district, ...   read more
Negotiations on Marina Bar Sale to Start Next Week
November 12, 2009, 13:21, (Property Xpress) - Next week, the Montenegrin tender commission will start negotiations on the sale of 54.34 pct in Marina Bar ...   read more
Luxury Hotel Chain Seeks Opportunities in Moscow
November 12, 2009, 13:01, (Property Xpress) - An international luxury hotel chain is researching opportunities in the Russian capital, the company said in ...   read more
Banks Create Consortium to Sell 25 Pct Share in Mercator
November 12, 2009, 12:35, (Property Xpress) - A group of six banks has reached an agreement on the sale of almost one quarter of Mercator shares with the ...   read more
Appolo Shopping Center Opens in Dnipro
November 12, 2009, 11:51, (Property Xpress) - Appolo shopping and entertainment center has been officially launched in Dnipro, said Konstantin Kuzmenko, ...   read more
Yakti Gets Two Lots for Hotel Development in Zelenogorsk
November 12, 2009, 11:18, (Property Xpress) - Russian company Yakti has received two sites in Zelenogorsk from the St. Petersburg city government for ...   read more
Flora-Park Office Center Put into Operation in Kiev, Ukraine
November 12, 2009, 11:03, (Property Xpress) - Flora-Park office center was the only business center put into operation in Kiev in October. The B-class ...   read more
Europe Company to Develop Technology Park in St. Petersburg
November 12, 2009, 10:41, (Property Xpress) - OOO Europe is planning to develop a technology park facility in St. Petersburg. The city government has ...   read more
Zagorordny Project to Spend USD 200 mln for Cottage Settlement
November 12, 2009, 9:51, (Property Xpress) - Russian company Zagorordny Project plans to invest USD 200 mln in the cottage settlement Zapadnaya Dolina ...   read more
Auchan to Open Three Kiev Hypermarkets by End’09
November 12, 2009, 9:09, (Property Xpress) - France’s retailer Auchan intends to open three hypermarkets in Kiev by the end of 2009, expanding the ...   read more
St. Petersburg Sells Land Lease Rights
November 12, 2009, 8:05, (Property Xpress) - The Property Fund of St. Petersburg has sold lease rights over land lots designated for residential and ...   read more
Borispol Airport Receives Next Tranche from JBIC
November 12, 2009, 8:03, (Property Xpress) - Ukraine’s Borsipol Airport has received another tranche of the JBIC loan. According to an official report in ...   read more
Dragon Capital Acquires Stake in Novaia Linia
November 11, 2009, 15:57, (Property Xpress) - Cyprus-registered Dragon Capital Investments Limited, controlled by Kiev-based Dragon Capital, has become ...   read more
PIK Shareholder Acquires Elite Residential Project
November 11, 2009, 15:01, (Property Xpress) - Yuri Zhukov, one of the founders and a shareholder of PIK group, has purchased the only company elite ...   read more
Korsando Acquires Share in Ukrainian Business Center
November 11, 2009, 14:13, (Property Xpress) - Development company Korsando has acquired a majority stake in a Ukraine business center and is keen to carry ...   read more
Petrovsky Alliance to Build Hotel, Yacht Club in St. Petersburg
November 11, 2009, 13:43, (Property Xpress) - At its meeting today, the St. Petersburg city administration allowed Petrovsky Alliance company to conduct ...   read more
British Architects Selected to Design Upscale Resort in Montenegro
November 11, 2009, 13:24, (Property Xpress) - A British architectural practice has been selected to design a luxury tourist resort on the Montenegrin ...   read more
Sberbank to Develop Construction Project in Downtown Moscow
November 11, 2009, 12:41, (Property Xpress) - Russian savings bank Sberbank has abandoned the idea to sell the famous long-term construction project ...   read more
Lewis Charles Sofia Property Fund to Exercise Buy-Back Option for 100,000 sq. m Site in Sofia, Bulgaria
November 11, 2009, 12:09, (Property Xpress) - Lewis Charles Sofia Property Fund has announced it has posted a circular to shareholders with proposals to ...   read more
Real Opens EUR 44 mln Retail Center in Rostov-on-Don
November 11, 2009, 11:22, (Property Xpress) - Real-Hypermarket, the Russian arm of Metro’s Real chain opened a shopping center in Rostov-on-Don on ...   read more
Hotel in Bulgarian Golden Sands Resort Sold for EUR 2.8 mln
November 11, 2009, 10:35, (Property Xpress) - Astoria Palace Hotel in the Golden Sands resort near Varna, Bulgaria has been sold at a public auction to an ...   read more
Ukraine-Canada Construction Company Declared Bankrupt
November 11, 2009, 10:20, (Property Xpress) - The economic court of Dnipro region has begun bankruptcy proceedings against international construction ...   read more
Developer to Start 170,000 Sq. m Mall Project in March
November 11, 2009, 9:56, (Property Xpress) - A Russian property developer will begin construction work on a 170,000 sq. m shopping center on 10.5 ha in the ...   read more
GTC Swings to Net Loss in Q3, Increases Interest in Bulgarian, Romanian Projects
November 11, 2009, 9:09, (Property Xpress) - Globe Trade Centre (GTC) has reported a net loss of EUR 43.6 mln in the first three quarters of 2009 due to a ...   read more
Moskomarkhitektura Tasked to Design Russia Hotel Project
November 11, 2009, 8:52, (Property Xpress) - Moskomarkhitektura is preparing a new concept for reconstruction of the Russia Hotel building, which will ...   read more

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