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Kazakhstan

3,800 branded hotel rooms opened in Russia, CIS and surroundings

JLL has analysed the activity of hotel markets in Russia, CIS and surrounding countries on branded openings in H1 2018: “2018 in Russia is the year under the sign of the World Cup, and an active introduction of hotel rooms to the markets in Moscow, St. Petersburg, Saransk, Samara, Kaliningrad, Nizhny Novgorod and Rostov-on-Do...
Tuesday, 24. July 2018

Colliers International appointed exclusive consultant for Respublika Plaza mall in Astana

Colliers International has been appointed as exclusive broker of Respublika Plaza, a new super-regional shopping and entertainment centre which will be located in Astana. The mall’s developer and investor is Merey Real Estate Management. One of the project’s distinctive features will be one of the largest fashion galleries in...
Monday, 28. September 2015

Almaty hotel market stable

Although Almaty is no longer the capital of Kazakhstan, it remains a key financial and cultural centre in the country. Since losing capital status, business leaders now shuttle to and from Astana and hotel occupancies and rates have suffered from a drop in business activity in the city. Despite this, investors are still keen ...
Saturday, 6. September 2014

The St. Regis Astana and The Residences at The St. Regis Astana to open in 2017

Starwood Hotels & Resorts Worldwide announced that it will debut the St. Regis brand in Kazakhstan’s lively capital city with the opening of The St. Regis Astana and The Residences at The St. Regis Astana. Developed by MG Development, the project is scheduled to open in 2017, underscoring Starwood’s strategy to open the best ...
Tuesday, 5. August 2014

Chagala purchases office building in Kazakhstan

Chagala Group purchased an office building in Kazakhstan’s business capital, Almaty. The acquisition was undertaken through the joint venture established with ADM Capital’s Kazakhstan Capital Restructuring Fund.
Friday, 22. February 2013

Posco E&C to develop a new town in Kazakhstan

On wednesday, the CEO Chung Dong Hwa of Posco E&C signed a contract with the Caspian Group, a leading Kazakhstani corporation, at the Posco E&C Tower in Songdo. The contract, worth $640 million (USD), will require Posco E&C to build houses in Koyankus.
Friday, 26. October 2012

Russia, Ukraine and Kazakhstan office market comparison

Jones Lang LaSalle has conducted a comparative analysis of office market in Russia, Ukraine and Kazakhstan. Objects of the research are 5 cities – Moscow, St. Petersburg, Kiev, Almaty, and Astana.
Tuesday, 9. October 2012

Chagala completes Townhouse project in Atyrau

Caspi Ltd., a wholly owned subsidiary of Chagala Group Ltd., today announced the completion of the Townhouses project in Atyrau under lease agreement for residential accommodation with NCPOC, a company part of the consortium developing the Kashagan oil field located in Kazakhstan’s north Caspian Sea.
Monday, 2. April 2012

Chagala and ADM Capital launch JV to develop properties in Kazakhstan

Chagala International Holding B.V. today announced a binding agreement to co-invest in a joint venture with leading international fund manager ADM Capital through its ADM Kazakhstan Capital Restructuring Fund. The majority of this joint venture will be held by the ADM KCRF fund and will look to deploy up to USD60m focused on...
Wednesday, 18. January 2012

Caspi wins 'contract award' for the lease of 33 townhouses

Caspi Limited LLP, a wholly owned subsidiary of Chagala International Holding B.V, has announced that NCPOC, a company part of the consortium developing the Kashagan oil field located in Kazakhstan's north Caspian Sea, has awarded the Company a lease agreement for residential accommodation.
Friday, 8. July 2011

Direct European real estate investment volumes totalled €26 billion in Q1 2011

Direct commercial real estate investment volumes in Europe in the first quarter 2011 (Q1 2011) totalled €26 billion, a 32 percent increase on figures for Q1 2010, according to new research from Jones Lang LaSalle. Successful debt and equity issuance has provided liquidity to the market, which in turn drove cross-border inves...
Tuesday, 26. April 2011

Kurt Ritter continues as Rezidors President & CEO until 2015

The Board of Directors of The Rezidor Hotel Group has decided to extend Kurt Ritter’s employment agreement past its current expiration date of February 2012 for a period of three years. The terms of his employment agreement remain otherwise materially unchanged.
Monday, 18. April 2011

Central and Eastern European property returns rebound in 2010

Central and Eastern European commercial property market performance returned to positive territory in 2010, delivering a 3.1% euro-denominated total return, according to the IPD CEE Annual Property Index. This was a strong improvement on 2009’s -6.5% return.
Monday, 18. April 2011

UK is number one target for global retailers

The United Kingdom (UK) is the world’s most international retail market for the fourth year running, while London holds onto its position as the most popular retail city in the world, according to the 2011 edition of How Global is the Business of Retail? by CB Richard Ellis.
Thursday, 14. April 2011