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» Chronological View: " Eastern Europe " «

Kiev quality hotel market shows stable growth in occupancy fourth year in a row

JLL presents the Q1 2017 Kiev quality hotel market results. “Compared to what we forecasted for 2017 when reporting on 2016 results, quality hotels in the Ukrainian capital are meeting the expectations. The occupancy grew healthily in the first 3 months of the year, actually surpassing the YTD results of the last stable year,...
Wednesday, 26. April 2017

Vacancy rate on the Moscow Region warehouse market continues to increase

According to JLL estimates, the new supply volume in the Moscow Region in Q1 2017 has declined by 40% YoY to 60,000 sq m. Overall in 2017, approx. 650,000 sq m of new space will be delivered in the Moscow Region, 15% less than last year. A distinctive feature of 2017 is the domination of the speculative warehouses in the comp...
Wednesday, 26. April 2017
JLL appointed as leasing agent for a new shopping centre in Moscow

JLL appointed as leasing agent for a new shopping centre in Moscow

The ENKA TC company has appointed the JLL team as co-exclusive consultant on marketing and leasing the new shopping and entertainment centre on Kashirskoye highway in Moscow. This modern shopping mall with the total area of 195,500 sq m is to open in the early 2018. The shopping and entertainment centre will appear in place o...
Wednesday, 26. April 2017

Russia’s first TRIB3 fitness bootcamp opens in White Stone Business Centre in Moscow

O1 Properties investment company, partners of TRIB3, a fitness club chain, have signed a lease agreement for spaces in White Stone Business Centre in Moscow. The first gym in Russia covering 420 sq m will open within the business centre’ retail zone in summer 2017. JLL advised on the leasing deal. In Russia, TRIB3 concept is ...
Wednesday, 19. April 2017

Moscow shopping centre vacancy rate declined to 7.2%

According to JLL, with no new shopping centres delivered to the market in Q1 2017, the vacancy rate in existing properties declined from 7.5% to 7.2%. Over the course of the year, JLL analysts expect this indicator to decline further, to 6.5%, the lowest level since the beginning of 2015. Some 217,500 sq m of new quality shop...
Tuesday, 18. April 2017

Strabag builds turnkey luxury apartments in Moscow

Strabag has been hired by AO Don-Stroy Invest to build the project “Living on Plushikha”. Until completion in mid-2019, Strabag will build 202 turnkey residential units distributed over eight individual buildings. The construction volume amounts to a double-digit million Euro amount. The contract also comprises an entrance ha...
Monday, 3. April 2017
Adrenaline Park entertainment complex opens in Forum Lviv

Adrenaline Park entertainment complex opens in Forum Lviv

Forum Lviv leasing team has attracted a new entertainment complex Adrenaline Park to the shopping centre’s brands portfolio. The Adrenaline park is a unique youth entertainment complex, which contains the most modern high-tech interactive attractions. The new Adrenaline Park measuring 55 sq. m. welcomes its visitors on the Se...
Tuesday, 28. March 2017
VOVK studion and All Stars brand opened new stores in Forum Lviv shopping center

VOVK studion and All Stars brand opened new stores in Forum Lviv shopping center

In the beginning of March 2017 VOVK closing studio and All Stars brand opened there new stores in Forum Lviv shopping center. VOVK brand is represented In Forum Lviv with a 180 sq.m store located on the First Floor in the main fashion gallery. The young Ukrainian brand VOVK offers to Lviv citizens and city visitors the appare...
Monday, 20. March 2017

Adidas Group office and Adidas Academy in Moscow certified to LEED standard

JLL has completed LEED certification of The Home of Sport, Russian headquarters of Adidas Group. Both the offices and the Adidas Academy (the total area is 11,600 sq m) located in Krylatsky Hills business park were awarded LEED Silver rating. The Home of Sport in Moscow is among Adidas Group’s biggest and most innovative offi...
Wednesday, 15. March 2017

9,600 branded hotel tooms are announced for Russia, CIS and surroundings in 2017

According to JLL, in 2016 the branded hotels market in Russia, CIS and neighboring countries has been less active in terms of new market players compared to a year before. This year branded hotels supply in the region increased by 5,100 rooms, while in 2015 room stock here grew by 6,900. Almost two thirds of that amount – abo...
Wednesday, 15. March 2017

Peikko Group to purchase factory premises in St. Petersburg

Peikko Group has signed an agreement to purchase factory premises in St. Petersburg. The buildings will be jointly purchased with Meka Pro Oy, also a company of Finnish origin. The premises comprise a total of 25.000 m² of manufacturing and office space. The up-to-date manufacturing premises are located in the northern part o...
Thursday, 9. March 2017

Class A Moscow office vacancy rate reaches the lowest level since 2013

According to JLL, office completions in Moscow in Q4 2016 totalled for 60,300 sq m, the lowest quarterly level ever. Total 2016 completions reached 317,200 sq m, also the lowest level in the Moscow office market history. Only three Class A office buildings of were delivered in 2016 with the total area of 70,500 sq m. That was...
Wednesday, 1. March 2017

VOVK studio opens in Forum Lviv shopping centre

A new VOVK studio store will shortlyl open in Lviv in Forum Lviv shopping centre. The brand will be represented in Forum Lviv with a 180 sq.m store located on the First Floor in the main fashion gallery. The young Ukrainian brand VOVK will offer to Lviv citizens and city visitors the apparel of own manufacture, conducted und...
Wednesday, 15. February 2017

Restaurant streets lead by occupancy levels among main Moscow retail corridors

According to JLL, the vacancy rate in main Moscow high-street corridors declined by 0.6 pp to 9.6% in Q4 2016. Kamergersky Lane, Myasnitskaya and Arbat Streets remained the leaders, with vacancies at 4.0%, 5.6% and 7.1% respectively. The better occupied streets are those with dominance of restaurants and cafés. An absolute le...
Monday, 6. February 2017

Sochi hotel market shows strong operating indices growth in both clusters in 2016

JLL presents the 2016 quality hotels market results in Sochi coastal and mountain clusters in upper segments. “Quality Sochi hotels in both clusters have had a tremendous year once again – RevPAR gains of 61% in the mountain cluster and 39% by the sea YoY tell the story very well. However, the underlying reasons of this succe...
Thursday, 2. February 2017

Kiev hotel market finishes 2016 with RevPAR growth

JLL presents the 2016 results of the quality hotels market in Kiev. “In year 2016 there have been several positive developments in the macro-economic, political and social environment of Ukraine, that allowed the tourism in the country to experience positive dynamic,” – Tatiana Veller, Head of JLL Hotels & Hospitality Group, ...
Tuesday, 31. January 2017

Moscow quality shopping centres stock exceeds 5m sq m

According to JLL analysts, in 2016 the overall Moscow quality shopping centre stock increased by 455,500 sq m . As a result, the stock exceeded 5m sq m and its density reached 407 sq m per 1,000 inhabitants. In Q4 2016, completions declined by half compared to the same period last year, to 85,300 sq m. Butovo Mall (54,900 sq ...
Monday, 30. January 2017