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Merrill Lynch Enters Real Estate Market in the Balkans
January 12, 2009, 11:25, (Property Xpress) - Balkans Real Estate, Belgrade-based JV firm of Merrill Lynch and Serbian MPC Holding, has announced it intends ...   read more
Rezidor Opens 266-Room Hotel in Murmansk
January 12, 2009, 11:16, (Property Xpress) - The Rezidor Hotel Group said the 266-room ‘Park Inn Murmansk’ joined the company’s portfolio on December ...   read more
Delta to Acquire Lot in Podgorica, Montenegro
January 12, 2009, 10:19, (Property Xpress) - Serbian Delta Holding Company is seeking to acquire a 0.8-1.0 ha plot site in the Montenegrin city of ...   read more
Concord Management to Develop Water Park in St. Petersburg
January 12, 2009, 9:54, (Property Xpress) - Russian company ‘Concord Management and Consulting’ plans to develop a water tourism center in St. ...   read more
AFI Development Sells Aircraft to Back Projects
January 12, 2009, 9:20, (Property Xpress) - AFI Development has sold its BG 5000 aircraft, servicing the top management, for USD 46 mln to back the ...   read more
Elvila Sells EUR 23 mln Site in Romania
January 12, 2009, 9:04, (Property Xpress) - Elvila, a company held by businessman Viorel Catarama, has sold a 22.5 ha plot to Belgian real estate ...   read more
SPF to Tender 40,200 Sq. m Lot in February
January 12, 2009, 9:00, (Property Xpress) - The State Property Fund (SPF) of St. Petersburg will place a 40,200 sq. m lot on tender scheduled for February ...   read more
690,000 Sq. m Residential Project Designed for Tula
January 12, 2009, 8:37, (Property Xpress) - A high-rise residential district with a total area of 690,000 sq. m will be developed in Tula, a source in the ...   read more
Eka Investment Group Reduces Real Estate Budget in Romania
January 12, 2009, 8:37, (Property Xpress) - Eka Investment Group, controlled by businessman Emil Pop, who also owns the fashion store chain Only For You ...   read more
ZUP Approved for EUR 80 mln Mixed-use Scheme Development in Romania
January 09, 2009, 16:03, (Property Xpress) - A Zoning Use Permit (ZUP) has been approved for a EUR 80 mln multi-functional complex development in the ...   read more
Odessa City to Auction 11 Land Lots This Month
January 09, 2009, 15:47, (Property Xpress) - 11 land lots will be auctioned in Odessa, in the land resources department at Odessa City Council on January ...   read more
Real Hypermarket Opens 20th Unit in Romania
January 09, 2009, 14:24, (Property Xpress) - Real Hypermarket has opened its 20th unit in Romania, following a EUR 22 mln investment. The new 14,500 sq. m ...   read more
Consol to Keep Construction Volume in Ukraine
January 09, 2009, 13:50, (Property Xpress) - Ukrainian construction and development group Consol has announced plans to keep a 200,000 sq. m annual ...   read more
Kiev-Based Developer Signs USD 6 mln Loan Agreement
January 09, 2009, 12:29, (Property Xpress) - A Kiev-based property development company today announced it has agreed to a USD 6 mln loan with the UK-based ...   read more
Term for Submitting Bids on Odessa Airport Reconstruction Prolonged
January 09, 2009, 11:00, (Property Xpress) - Term for submitting bids in the tender for selecting the strategic partner for Odessa International Airport ...   read more
Four Vie for Arena Zagreb Management
January 09, 2009, 10:41, (Property Xpress) - Four international companies are negotiating to manage the Zagreb Arena complex in Croatia. Offers have been ...   read more
Black Sea Global Properties Announces Further 48.6 pct Share Acquisition in Fabian Romania
January 09, 2009, 10:05, (Property Xpress) - Black Sea Global Properties Limited (BSGP) today announced conditions on the offer of December 24, to acquire ...   read more
Budva Municipality to Invest EUR 62 mln in Infrastructure Development
January 09, 2009, 9:34, (Property Xpress) - The investment program of Montenegrin Budva municipality this year foresees spending of over EUR 62 mln on ...   read more
Four Plots Bartered for Tank Range in Dupnitza, Bulgaria
January 09, 2009, 8:23, (Property Xpress) - Dupnitza municipality will become owner of the former tank range near the village of Kraynitzi, Bulgaria. ...   read more
French Beauty Product Retailer to Open Five New Stores in Romania
January 08, 2009, 15:52, (Property Xpress) - A French beauty product retail chain will continue its expansion by opening new stores in Romania. Greek-based ...   read more
High-rise Building on Sale in Belgrade, Serbia
January 08, 2009, 15:15, (Property Xpress) - A public invitation for participation in a tender for the sale of one of the tower buildings in Belgrade has ...   read more
Immorent to Start Two Projects in Romania in 2009
January 08, 2009, 14:34, (Property Xpress) - This year, Immorent Romania will start construction work on a retail park in the western part of the country, ...   read more
Verano to Invest in 500,000 sq. m Shopping Park in Serbia
January 08, 2009, 13:55, (Property Xpress) - Serbian Verano plans to start construction work on a large-scale retail park in Belgrade next year, on Ibar ...   read more
Bank of Cyprus Lends USD 55 mln to Ukrainian Developer
January 08, 2009, 13:12, (Property Xpress) - A Ukrainian property developer has received a USD 55.6 mln loan facility from Cyprian Bank of Cyprus Public ...   read more
Irish Firm to Start Construction on Residential Ensemble in Mogosoaia, Romania
January 08, 2009, 11:27, (Property Xpress) - Real estate firm Black Pearl, controlled by Irish investors, is about to start construction work this year in ...   read more

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