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Grontmij's reputation in China is bearing fruit

The name Grontmij is starting to spread like fire in China. On the recommendation of the planning office in Shanghai, a former client, Grontmij is now preparing a conceptual planning design for a dist ...

O1 Properties acquires White Square Office Center in Moscow (RU)

O1 Properties, one of the largest owners and managers of a portfolio of high quality office properties in Moscow, (purchaser) and a consortium between leading developer AIG/Lincoln, leading Russian in ...

IMG has concluded a US $246.7 million bank financing for its two investee retail projects (RU)

A long-term financing agreement for US $218 million (approx. €170 million) has been signed with the Russian Sberbank to finance the construction of Zelenopark project, a retail center of approximate ...

CBRE: Property investment in CEE achieves second highest Q1 result since 2007

Total commercial real estate investment volume in Central & Eastern Europe (CEE) reached €2.6 billion in the first quarter of 2013 (Q1 2013), three times the level achieved during Q1 2012 and th ...

Footfall increases by 110% in five years at Ikea Shopping Centers Russia's malls (RU)

Footfall has increased by 110% in just five years at IKEA Shopping Centers Russia’s (IKEA SCR) 14 MEGA branded malls, spurred by intelligent asset management that attracts both Russian consumers and ...

JLL: MKAD restrictions enforce warehouse decentralization (RU)

New completion volume kept increasing: about 100,000 m² was delivered to the market in Q1 2013, which is 100% growth on YoY basis. Despite increased completion the volume of vacant spaces did not ris ...

JLL: Strong start to the year for European retail real estate investment activity

2013 has started strongly for the European retail real estate investment market according to research by Jones Lang LaSalle. Activity totaled €5.1 billion during the first quarter, up nearly 60% in ...

CBRE: Q1 2013 saw record volume of new office space delivered to the market since 2011 (RU)

According to CBRE’s latest office market report, the Moscow market was stable in Q1 2013 with the exception of the largest volume of new office space delivered to the market in Q1 2013 since 2011. N ...

New standard for green certification adopted in Moscow (RU)

The process of green construction and green certification is becoming increasingly relevant. In addition to the already known BREEAM and LEED, Moscow has adopted a new system for blue construction cer ...

CBRE to provide its services for two luxury residential complexes by Donstroy in Moscow (RU)

CBRE’s project management will provide its services for two luxury residential complexes in Moscow being developed by Donstroy. The total area of the complexes will be 219,230 m². BARRIN HOUSE ...

Moscow Office Market Q1 2013 I CBRE

The report issued by the CBRE Russia Research Team focuses on the office sector in the country’s capital city, Moscow. Analyzing market indicators and offering predictions for the near future, the r ...

Commercial Real Estate Market Report Russia Q4 2012 | JLL

In the real estate market 2012 was a year of big uncertainties: continued waiting of a second wave of European crisis, Russian political risks at the beginning of the year, unclear situation with perm ...

Lemminkäinen starts construction of the Tapiola residential project in St. Petersburg (RU)

Lemminkäinen has obtained a building permit for the residential building planned for the plot in the St. Petersburg city center, which was purchased by Lemminkäinen in autumn 2012. Lemminkäinen wil ...

VINCI signs the contract for the Dynamo Moscow stadium in Russia (RU)

On June 25, 2013, VINCI Construction Grands Projets, a subsidiary of VINCI, signed a contract with MC Dynamo, a subsidiary of VTB Bank, to build the Dynamo Moscow stadium. The project is located 5 ...

Tommy Hilfiger to open first flagship store in Moscow (RU)

The international retailer Tommy Hilfiger signed a lease agreement for the 255 m² premises in the center of Moscow, at Kuznetsky Most, 7 and will open its first Tommy Hilfiger flagship store on Augus ...

CBRE: Delivery pipeline in industrial and logistics to reach record levels in Russia (RU)

The key feature of H1 2013 was the real deficit of quality supply, according to a new report from CBRE Russia Industrial and Logistics Research. According to the report over 70% of the premises that a ...

LSR Group starts pre-sales in new low-rise residential neighbourhood in Moscow region (RU)

LSR Group started construction and pre-sales in a low-rise residential neighbourhood Nakhabino Yasnoye with a total net sellable area of around 140,000 m². The new comfort class project is situated o ...

PIK Group to develop a residential ‘business class’ building at Vavilov Street, Moscow (RU)

PIK Group, one of Russia’s leading residential real estate developers, announces the acquisition of 96.2% of the shares of OJSC “3rd taksomotorny park” for 1,025.6 million rubles (approx. €22. ...

K2 Business Park receives financing from Sberbank (RU)

Srednerussky Bank of Sberbank of Russia and K2 Business Park Team agreed to provide the first international class-A business park, located on Kaluzhsky Highway, 2 km from Moscow’s ring road, with pr ...

Accor expands in Moscow with the signing of three hotels (RU)

Accor, the world's leading hotel operator, announces that it has entered into a long-term Management Agreement with one of the largest Russian development companies PATERO Development to manage a hote ...

AFI Development announces Odinburg residential project launch (RU)

Israeli company AFI Development has started construction of one of the most large-scale projects in Moscow region – Odinburg Residential Estate – with a total area of more than 33 ha. Investments ...

Kuntsevo Plaza to open in Moscow in August, 2014 (RU)

A multi-functional lifestyle center Kuntsevo Plaza (GBA 245,000 m²) is to open in the west of Moscow in August, 2014. The project includes a new generation shopping and entertainment center, with GLA ...

White Gardens office center, Moscow sold to Millhouse LLC (RU)

A consortium led by Russia’s leading investment bank VTB Capital, including TPG Holdings and China Investment Corporation, international developer AIG/Lincoln, and Coalco Development have today anno ...

Noppen to host Russia Retail Property Development Summit on November 27-28 in Moscow (RU)

A new movement is gaining momentum with the construction of new shopping centers burgeoning in Russia, attracting giants, both local and global, from the retail real estate industry looking to acquire ...

CBRE: 17 international brands have announced their plans to enter Russian market in 2014 (RU)

CBRE, global real estate advisor, summarized 2013 year–end results. The key feature of the Moscow retail market in 2013 was decreasing consumer activity in the end of the year. Worsened expectations ...

Ikea Shopping Centres Russia unveils plans to upgrade its MEGA malls (RU)

IKEA Shopping Centres Russia (IKEA SCR) has announced details of its brand new food court concept and mall extension plans, which are set to attract a raft of retailers and western restaurant operator ...

IHG signs Holiday Inn Express Moscow-Sheremetyevo Airport (RU)

InterContinental Hotels Group (IHG®),  has announced the signing of Holiday Inn Express® Moscow-Sheremetyevo Airport. The hotel will operate under a management agreement with Palmira LLC. Holida ...

PNK Group to build muntifunctional warehouse complex for Hilti in the Moscow Region (RU)

PNK Group, the leader of the Russian warehouse and industrial real estate market, is to construct a 13,200 m² multifunctional warehouse space for Hilti. The build-to-suit building will be located at ...

New leases at FASHION HOUSE Outlet Centre Moscow (RU)

FASHION HOUSE Outlet Centre Moscow has six new tenants: Lanmoll, Sesto Meucci, Gerard Darel, LTB Jeans, Home & Cook and Kanz. They have leased a total of nearly 1,000 m². Lanmoll is a popu ...

Russia GRI gathers Real Estate Investment Leaders to Moscow

Over 150 of the leading investors, lenders, developers and financiers will gather in Moscow on the 23rd and 24th of September for a series of discussions on Russian property investment. The event is t ...

IKEA Shopping Centers Russia to develop one of Europe’s largest shopping centers in Moscow Region (RU)

IKEA Shopping Centres Russia is investing €260 mln to develop a new 215,000 m² modern shopping mall in Mytischi, north east Moscow. MEGA Mytischi will be one of Europe’s largest shopping centers, ...

JLL announces Europe’s retail gateway cities (EU)

London is the most attractive European location for international retailers according to a new cross-border retailer index compiled by global real estate adviser JLL. The index, launched in a new rep ...

Moscow development projects reach 180 million m² of investment potential (RU)

Moscow aims to attract Russian and foreign investors to implement priority urban projects with the mid-term real estate potential of about 180 mln m². This information was revealed in the spe ...

Lee, Wrangler, Vans and The North Face open first outlet stores in FASHION HOUSE Outlet Centre Moscow (RU)

VF Corporation, the owner of LEE, Wrangler, Vans and The North Face brands, has chosen FASHION HOUSE Outlet Centre Moscow as the location for its first outlet stores in Russia. They will occupy a tota ...

London remains the world’s most expensive office market (UK)

London’s West End remained the world’s highest-priced office market but Asia continued to dominate the world’s most expensive office locations, accounting for three of the top five markets, acco ...

Investments into offices dominate Russian market (RU)

Total investment volume in Russian real estate reached $490 mln (approx. €450 mln) in Q1 2015, down 34% compared with Q1 2014, according to JLL analysts. The slowdown in economic growth, l ...

CBRE appointed to sell an office mansion in the center of Moscow (RU)

CBRE, global property advisor, is appointed exclusive marketing agent for sale of an office mansion on 7, Malaya Ordynka street in Moscow, Russia. This two-storey mansion with a mezzanine total ...

London is the most international retail center, according to new report

According to the new research, Tokyo is the world’s hottest city for new retailer expansion, attracting 63 new retail brands. London has retained its position as the world’s most international sh ...

Sponda sells shopping centre and office building in Moscow for €41.9 mln (RU)

Property investment company Sponda Plc has sold the shopping centre known as Solnechniy II as well as the Bakhrushina House office building in Moscow for the price of $46.6 mln (approx. €41.9 mln) t ...

Hines and PPF Real Estate acquire Metropolis Office Buildings (RU)

The Hines Russia & Poland Fund ("HPRF"), an affiliate of Hines, the international real estate firm, and PPF Real Estate Holding B.V. announced today its joint acquisition of the Metropolis Office ...

X5 Retail Group and Freight Village RU to set up distribution centre on the border of New Moscow (RU)
freight distribution centre x5 moscow thumb

X5 Retail Group, one of the largest Russian food retailers, and the Freight Village RU group of companies have signed a preliminary agreement to set up a distribution centre for the Pyaterochka ...

Swatch Group Russia to move to Delta Plaza business centre in Moscow (RU)
Delta thumb

The world’s largest manufacturer of watches, the Swiss Swatch Group, has leased 2,700 m² of office space on the eighth floor of the Delta Plaza, a Class A business centre in Moscow. The ...

Globus leases 45,000 m² at Industrial Park Kholmogory (RU)
kholmogory thumb

The Globus Group, a prominent German retailer developing the Globus hypermarket grocery chain, has leased 45,000 m² at Industrial Park Kholmogory, a Class A complex located in the Moscow region. ...

BILLA leases 20,000 m² at Bykovo logistics park (RU)
bykovo logistics park image thumb

BILLA supermarket chain, Austrian company REWE International AG subsidiary, leased 20,000 m² of warehouse space in Bykovo Class A logistics park in Ramenskoye district of Moscow Region. BILLA ...

Vacancy rate in Moscow's top shopping centres has decreased to 1% (RU)
moscow skyline

In Q3 2015 the vacancy rate in Moscow shopping centres remained at the level of last quarter at 7.5%. Taking into account the ongoing rotation of tenants as well as a number of projects forecasted in ...

Office take-up in Moscow revived in Q3 following lower ruble volatility (RU)
moscow buildings image thumb

The volume of office take-up in Moscow for Q3 was 305,000 m², or an increase of 10% QoQ, according to JLL analysts. The volatile ruble at the end of Q2 was the main driver for the rebound in ...

Moscow warehouse market sees record surge in demand while supply decreases (RU)
warehouse image thumb

JLL have reported record breaking demand in the Russian warehouse space market in 2015. In Q3, the volume of take-up was 712,300 m² - almost three times higher than levels seen over ...

Moscow industrial market sets take-up record while vacancy rate declines slowly (RU)
shipyard

According to the latest research on the Moscow industrial market by global property advisor CBRE, growth in demand, encouraged by falling rental rates, was anticipated. Therefore, 41% of take-up ...

JLL ranks the most attractive Russian cities for retailers in exclusive MAPIC report
moscow

JLL has prepared its Destination Russia report exclusively for MAPIC. In this report, JLL has analysed more than 250 international and domestic retailers’ presence in Russia’s main ...

Vacancy rates in Moscow shopping centres grow as retail sales decline (RU)
shopping centre image

According to JLL, vacancy rates on the Moscow retail market has reached 8.3%, increasing by .8 pp. in Q4 2015 and by 2.3 pp. year-on-year respectively. The availability has increased due to high ...



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