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DTZ to develop the concept of KYIV-CITY International Business District

DTZ will develop the commercial concept and delivery mechanisms for the future KYIV-CITY International Business District. The project will take place on one of 5 sites selected by the city, ranging from 100 ha to 240 ha. On 20 March... more...
Wednesday, 11. April 2012

At a glance - hospitality market in Moscow and St. Petersburg

With a positive growth of 10% Revpar across the city in 2011 over the previous year, the Moscow hotel market is again showing good operational returns. As ever, the first quarter of a new year is a nervous period for hotels and can... more...
Tuesday, 10. April 2012

Rewe Group on expansion course in Russia

With approval from the Russian competition authority, the Rewe Group is acquiring twelve City stores of the Russian subsidiary OOO ENKA TC of the ENKA Group based in Istanbul. In so doing, the Rewe Group is driving forward its expansion... more...
Wednesday, 4. April 2012

One more warehouse terminal sold at the PNK-Vnukovo industrial park

NK Group has closed one more deal and sold a warehouse terminal at one of its industrial parks. PRV Group, a nationwide Russian distributor of alcoholic beverages and food products, purchased a Class A warehouse with floor space of... more...
Wednesday, 4. April 2012

Cushman & Wakefield becomes leasing agent for Lotte Business Centre in Moscow

Korean developer Lotte has appointed Cushman & Wakefield as leasing agent for its new development, Lotte Business Centre, located in the South-West of Moscow on Profsoyuznaya 65 next to Kaluzhskaya metro station. The new Lotte Business... more...
Tuesday, 3. April 2012

Top Trends 2012 in the industrial real estate market: efficiency!

In the near-term future a lot of low-quality and less liquid properties will be brought into the market – however shortage of quality space will persist: in 2012 the new build completion volume will be twice lower than originally... more...
Monday, 2. April 2012

Construction starts of the second phase of Yuzhnaya Gallery

Arricano Development has stared construction of the second phase of Yuzhnaya Gallery in Simferopol, which is the only shopping centre in Crimea that can be compared to the retail development projects in European countries. more...
Friday, 30. March 2012

Mercure opens its first hotel in Russia

Accor has just announced the opening of the Mercure Arbat Moscow. The capital, which lacks 300,000 hotel rooms, is indeed a high potential region for Accor: „Our search for investors is paying off: the pace of openings is set to... more...
Friday, 23. March 2012

Mirland doubles revenue

MirLand Development Corporation plc announces results for the 12 months ended 31 December 2011. Total Revenues showed a significant increase of approximately 120% to US$47.6 million (31 December 2010: US$21.6 million) due to growth in... more...
Wednesday, 14. March 2012

RHD Foundation signs agreement with Metro Properties

On the 6th of March RHD Foundation signed an agreement on collaboration with the German company Metro Properties. In the framework of the agreement the parties will collaborate on implementation of retail, warehouse and office projects... more...
Tuesday, 13. March 2012
Hyatt Regency Moscow, Hotel, Russia,  - Photo: Hyatt Regency Moscow, Hotel, Russia,

Hyatt presents plans for Hyatt Regency Moscow

Hyatt Hotels Corporation and VTB Arena Park announced that a Hyatt affiliate has entered into a management agreement for Hyatt Regency Moscow. The new property, expected to open in 2015, will be part of the Arena Park redevelopment, including... more...
Tuesday, 13. March 2012

Russian Housing Development Foundation presents sites in Nizhny Novgorod region

At MIPIM 2012 RHD Foundation has presented sites for development in Bogorodsky district of Nizhny Novgorod region. Total area of the plots, designated for integrated housing development projects, is 1,100 ha. more...
Monday, 12. March 2012

Sponda’s Ducat II office building in Moscow receives a BREEAM certificate

The Sponda Plc-owned Ducat II office building located in the Moscow city centre, built in 1997, has been granted BREEAM In-Use environmental certification with a „Good“ rating. The office building, located in a central area of Moscow... more...
Monday, 12. March 2012

Extreme hotels to launch in Sochi

Extreme Hotels, a ground breaking hotel brand and management company, and “Rosa Khutor” Ski Resort Development Company LLC, a part of ProfEstate, to announce the launch of an Extreme Hotel in Sochi and the signing of a 10 year... more...
Thursday, 8. March 2012

MIPIM: PROEstate 2012 to Be Discussed in Cannes

VI International Real Estate Investment Forum PROEstate 2012 will be held on 12-14 September 2012 in Saint Petersburg. The first workshop of the Organizing Committee will take place during the International Real Estate Show for... more...
Tuesday, 6. March 2012

MIPIM: Skolkovo to present the development project for its future Innocity

The Skolkovo Foundation will present the development project for its future Innocity at the MIPIM in Cannes. Visitors to the Skolkovo pavilion will see the designs of the buildings making up the fore of the new city – Technopark,... more...
Tuesday, 6. March 2012
Canadian Embassy Kiev - Photo: Canadian Embassy Kiev

Canadian Embassy leases in Kiev

DTZ announces completion of the deal related to relocation of letting of a stand-alone building at 13A Kostyolna Str., Kiev for accommodation of Canadian Embassy in Ukraine. In this deal DTZ acted on behalf of the Department of Foreign... more...
Monday, 5. March 2012

Ernst & Young continues in office complex Avrora Business Park

CBRE announced that Ernst & Young (CIS) B.V. had chosen the location of its headquarters in Moscow under the long-term lease agreement till 2023. CBRE represented the tenant in this deal. Office of the major international audit and... more...
Monday, 20. February 2012