Last news of commercial real estate by sectors

Office

18.04.2012

The O1Properties Company, owned by Boris Mints, plans to conduct an initial public offering of its shares on the London Stock Exchange. The company's portfolio of projects is estimated at more than $2 billion. The IPO may take place in May.

16.04.2012

More than 40 commercial real estate properties, some of which are still under construction in Russia, have submitted documents to obtain their corresponding “green certificates” – either LEED or BREEAM, says Kseniya Agapova, manager of environmental innovation at Jones Lang LaSalle (JLL).

11.04.2012
The Jaguar Land Rover Company, a global manufacturer of the legendary British SUV brand, leased some space in the SkyPoint Business Park. The area of leased premises is 3,450 sqm. CBRE was the consultant for the tenant in this transaction. CB Richard Ellis also managed the final finishing of these office premises.
06.04.2012
According to CBRE, despite the unfavorable economic mood and tension in the financial markets, the demand for office real estate in Europe, the Middle East and Africa remained stable in 2011, and was approximately similar to that in 2010. Some of the largest office real estate markets have shown a significant increase in leasing activity, in comparison with 2010 - Paris, Milan and Munich.
02.04.2012
Moscow did not make the TOP-3 list of the most expensive cities in the world for office leasing.

Retail

11.05.2012

The X5 Retail Group plans to buy 100% of the shares of the Holiday Classic network in Novosibirsk in two stages: 51% of shares will be purchased by September this year, the remaining 49% - by 2014.

25.04.2012

The entrepreneurs Dmitry Ignatenko and Alexander Zara are starting to develop the NordSee chain of restaurants on a sub-franchising scheme. In 2010, the businessmen obtained a franchise to open the NordSee European Fisheries fast food restaurants in St. Petersburg and Moscow.

24.04.2012

The Subway fast food network plans to launch another 15 restaurants in St. Petersburg by 2012. This expansion will be done through franchisees, small entrepreneurs that will be given loans under a simplified lending scheme.

17.04.2012

Oleg Trykin and Sergey Vereshchagin, the founders of the Azbuka Vkusa (ABC’s of taste) network, have sold their shares.

12.04.2012
The retail real estate market is showing stable development. Due to the increased competition in the segment of conventional shopping centers in Russia, they expect a boom in the development of new formats, such as retail parks and outlet centers.

Warehouse

12.04.2012
The number of industrial parks is growing in Russia. Regional authorities have realized that the construction of industrial parks is a good way to attract investments to the region, however only some of the announced projects will be implemented.
11.04.2012
According to the study conducted by Astera in alliance with BNP Paribas Real Estate, there were no new warehouses opened in St. Petersburg during the 1st quarter of 2012. However, the experts claim the situation is changing fast, and we can expect significant new areas in the next quarter.
30.03.2012
Impress Media Publishing House released its latest rating of warehouses in Moscow and Moscow Oblast. When tabulating this rating, the editors set themselves two tasks: to, with the assistance of leading consultants, create a list of the highest quality facilities currently operating in the market, and subsequently rank them.
27.02.2012
The company AB logistic leased 2,000 sq. m in the warehouse complex “Malachite” in Yekaterinburg. 
03.02.2012
The company PROMEKS providing services for the processing of sheet metal in the industrial zone “Obukhovo” leased an additional workshop area (2000 sq. m) in the industrial zone “Parnassus” at the 3rd Verhniy lane at the end of 2011.

Hotel

14.03.2012
The capital authorities agreed with the new parameters of building on the site № 17-18, where before the crisis was planned to build the highest skyscraper in Europe - the tower “Russia”.
02.03.2012
The building of the hotel Hilton Garden Inn Kirov is planned to finish by the end 2013.
29.02.2012
The construction of a four-star hotel of the brand Mercure will be completed in Kemerovo before the end of 2012. 
28.02.2012
The opening of the first international brand hotel in the resort “Rosa Khutor” Park Inn by Radisson in Sochi Krasnaya Polyana to the public is scheduled for March 8 2012.
22.02.2012
The holding “Megalith” of Alexander Berg, the main developer of residential estate, became the new owner of the hotel “Rechnaya” in St. Petersburg.

Mixed-use

23.04.2012
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13.04.2012
In Moscow, Sait Gutseriev, entrepreneur and co-owner of the BIN Group, presented a multifunctional complex project, which will include Europe's first entertainment theme park – the Universal. The approximate amount of investment into this project, with the area of about 700,000 sqm, is estimated at $2.8 billion.
12.03.2012
After gaining the control over Bank of Moscow, VTB took for its development projects. It became known that the commercial real estate projects will likely be transferred to the company “Gals-development”.
20.02.2012
The opening of the multi-functional center with the total area 77000 sq. m, which is the part of the redevelopment project of the former Alexander (Onega Tractor) Factory in Petrozavodsk is scheduled for the IV quarter of 2014.
15.02.2012
The official opening of the first phase of the hotel “Moscow”, under construction for 10 years, took place the day before. 

Other markets

26.04.2012

Moscow SSUE has earned almost 50 million rubles by leasing out, at reduced rates, dangerous architectural monuments. Three private manor houses, 2,500 sqm, were placed on the auction block under 49-year leases, at a reduced rate of 1 ruble/sqm, payable after commissioning. 

27.12.2011
The facade of the hotel, business center and the area of airport “Pulkovo” were agreed with the chief architect of St. Petersburg Yuri Mityurev on December 27, 2011.
23.12.2011
The restaurant Tonino Lamborghini Boutique Caffe with the area 500 sq. m will be opened in the center of Moscow at Kuznetsk Bridge.
22.12.2011
McDonald's plans to open from 45 to 50 new restaurants in Russia in 2012 increasing the total number of its restaurants 15%.
21.12.2011
JSC “Gorki Golf Club” will invest 20 ml euro in the arrangement of the golf course in the Lomonosov district of Leningrad region. Yesterday the project was agreed upon at a meeting of the interdepartmental commission on the location of productive forces in the Leningrad Region.

Land

16.12.2011
2011 is one of the best for all history of the market of commercial real estate of Russia and in particular Moscow. However, developers and consultants pay attention to several significant constraints in spite of these very encouraging results.
08.09.2011
“We don't plan the direct sale of the land where building of “Okhta-center” was earlier supposed”, – Executive Director of “Social and Business Center “Okhta” Alexander Bobkov said during the press briefing at forum PROEstate 2011.
20.06.2011
The transaction “IKEA Mos” (Trade and Real Estate) has bought 16.4 ha site at Leningrad Highway in Moscow’s Khimki district, where its Khimki Business Park project is located, the company reported.
14.11.2010
Last week it became known that “Basel” will redeem a share in Strabag. Read about it and other main events of the last week in new CRE review.

29.10.2010

Last week the new business complex of A class was opened in St. Petersburg. Read about it and other main events of the last week in new CRE review. 

 

 


 


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