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PIK Ukraine to Focus on Smaller Projects
October 21, 2008, 10:43, (Property Xpress) - Kiev-based PIK Ukraine, controlled by Kiril Pisarev and Yuri Zhukov with 41.9 and 40.9 pct stakes respectively ...   read more
Sberbank Allocates USD 22.6 mln Credit to Russian Retailer
October 21, 2008, 10:11, (Property Xpress) - Russian savings bank Sberbank has allocated a USD 22.6 mln three-year credit to an affiliated company of ...   read more
St. Petersburg to Auction 135,300 sq. m for Residential Development
October 21, 2008, 9:56, (Property Xpress) - The Investment Management Department of St. Petersburg said it plans to auction lots in the villages Saperny ...   read more
First Kempinski Hotel Opens in Slovenia
October 21, 2008, 9:56, (Property Xpress) - Last Saturday, the first Slovenian hotel under the Kempinski brand opened in the tourist town Portoroz. Hotel ...   read more
Two Hotels on Sale in Sokobanja, Serbia
October 21, 2008, 9:47, (Property Xpress) - Serbian Privatization Agency has announced that a 70 pct stake in the hotel and tourist complex Lepterija in ...   read more
Hotel Group Accor Plans to Restructure 600 Properties
October 21, 2008, 8:38, (Property Xpress) - French hotel group Accor SA with a number of projects in Russia said 600 properties have been identified for ...   read more
Russian Developer to Pour USD 750 mln in Business Park near Moscow
October 21, 2008, 8:25, (Property Xpress) - A Russian developer plans to spend up to USD 750 mln in construction of a business park on a 250,000 sq. m ...   read more
Delta Nature Resort to Develop Hotels in Borsec and Sucevita, Romania
October 21, 2008, 8:22, (Property Xpress) - Delta Nature Resort, controlled by Pearl-Ridge Holdings Limited, owner of real estate firm Copper Beech, will ...   read more
Russian-Finnish JV to Develop EUR 1.0 bln Scheme in St. Petersburg
October 21, 2008, 8:04, (Property Xpress) - Finnish concern SRV has signed a 77.5/22.5 joint venture agreement with St. Petersburg-based pipe producer ...   read more
Dutch Group to Double Its Ukraine Warehouse Space
October 21, 2008, 7:32, (Property Xpress) - A Dutch logistics service provider intends to double its storage facilities in Ukraine to 80,000 sq. m by ...   read more
Southern Cross to Develop Residential Projects in Northern Bucharest
October 20, 2008, 15:34, (Property Xpress) - Australian firm Southern Cross will invest over EUR 100 mln in five residential projects in the Tunari zone of ...   read more
Land Auction Planned for Odessa, Ukraine
October 20, 2008, 15:24, (Property Xpress) - Odessa City Council said it will put 16 non-agricultural land lots on tender on November 14, 2008. They have a ...   read more
Simargl to Support New Square Development Project with USD 100 mln
October 20, 2008, 15:16, (Property Xpress) - Investment fund Simargl New Opportunities Fund, managed by Simargl, will provide USD 100 mln to back ...   read more
Active Starts Construction Work on 200,000 sq. m Office Project
October 20, 2008, 15:10, (Property Xpress) - Russian group of companies ‘Active’ has started construction work on over 200,000 sq. m office project in ...   read more
Volga Group to Develop Cottage Village near Samara
October 20, 2008, 14:49, (Property Xpress) - Russian company Volga Group plans to develop a cottage village on 120 ha near Samara, to include over 1,200 ...   read more
Kiev City Approves Mixed-use Scheme near Chernigovskaya Metro Station
October 20, 2008, 14:17, (Property Xpress) - Kiev City Council has approved the planning argumentation for a mixed-use complex with inbuilt commercial and ...   read more
Foundation Stone of 39,000 sq. m Residential Complex Laid in Moscow
October 20, 2008, 13:59, (Property Xpress) - The foundation stone of a 39,000 sq. m residential complex has been laid in Lotoshinky District of Moscow ...   read more
ТММ to Develop Health Factory Project in Ukraine
October 20, 2008, 13:27, (Property Xpress) - Kiev-based TMM intends to invest USD 412 mln in the whole year resort and recreation complex ‘Health ...   read more
Adamant Makes Buy-out Bid for 2.5 Pct in Hotel Moscow
October 20, 2008, 13:14, (Property Xpress) - Adamant Holding via its affiliated company Finrus, has made a buy-out bid to ...   read more
Terme Olimia to Invest in Hotel Project in Tuhelj, Croatia
October 20, 2008, 13:02, (Property Xpress) - Terme Olimia, the Slovenian owners of the Tuhelj toplica district, has announced it will enter the Macedonian ...   read more
MIEL to Sell Premises in Imperial Mint Mansion in Moscow
October 20, 2008, 12:29, (Property Xpress) - Russian company MIEL-Commercial Real Estate said it will provide brokerage services for sale of premises in ...   read more
IKEA to Open Commercial Centers in Serbia
October 20, 2008, 11:42, (Property Xpress) - Swedish furniture retailer IKEA has expressed its intention to invest up to EUR 1.0 bln in its shopping and ...   read more
Moscow to Secure Parking for 60 pct of Cars by 2011
October 20, 2008, 11:17, (Property Xpress) - Russian capital plans to provide parking for 60 pct of its cars by 2011, from the current 50 pct, under the ...   read more
Steltex Investments Continues Shopping Centers Chain Plans in Ukraine
October 20, 2008, 10:48, (Property Xpress) - Kiev-based development firm, Steltex Investments, will continue its plans on development of a mall chain in ...   read more
Moscow to Call Tender for High-rise Building
October 20, 2008, 10:37, (Property Xpress) - Moscow authorities will call for tenders to select an investor to develop a high-rise building on Gorbunov ...   read more

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