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PIK Group

Address: 19 bld. 1, Barrikadnaya Str., Moscow, Russia
Tel:+7(495) 505 97 33

PIK Group is a residential property developer controlled by Suleiman Kerimov.

Sector
Retail, Offices, Residential
Activity
Developers
Location(s)
Russia
PIK Group Wins Land Auction in Moscow Region
November 27, 2017, 12:59, (Property Xpress) - The Moscow Region Property Ministry has sold five-year lease rights over a land plot of about 22 ha in ...   read more
PIK Group to Increase St. Petersburg Land Bank
August 01, 2017, 9:20, (Property Xpress) - Russian property developer PIK Group plans to increase its land bank in St. Petersburg over the next two years ...   read more
PIK Group Obtains Building Permit for Two Residential Buildings
July 26, 2017, 12:59, (Property Xpress) - Mosgosstroynadzor has issued a building permit to PIK Group for two residential buildings with a height of 23 ...   read more
Sergey Gordeev Consolidates 50.02 Pct Stake in PIK Group
July 17, 2017, 16:07, (Property Xpress) - Russian real estate developer PIK Group has announced its CEO Sergey Gordeev has become owner of 50.02 pct of ...   read more
Sergey Gordeev to Consolidate Controlling Stake in PIK Group
July 05, 2017, 10:17, (Property Xpress) - Russia’s largest residential real estate developer PIK Group has announced that companies owned by its main ...   read more
PIK Group to Develop Mixed-use Scheme in Myakinino
June 23, 2017, 12:44, (Property Xpress) - Russia’s largest residential real estate developer PIK Group will develop the ‘Japanese Quarter’ ...   read more
Bank Saint Petersburg Opens RUB 5.0 Bln Credit Line to PIK Group
March 30, 2017, 8:55, (Property Xpress) - Bank Saint Petersburg has opened a one-year RUB 5.0 bln credit line to real estate developer PIK Group. The ...   read more
First Coupon Rate on PIK Group’s Bonds Set at 13 Pct
March 02, 2017, 13:22, (Property Xpress) - Russian developer PIK Group has set the first coupon rate on its RUB 13 bln bonds at 13 pct per annum, the ...   read more
PIK Group to Raise RUB 13 Bln via Bonds
February 28, 2017, 11:17, (Property Xpress) - Russian real estate developer PIK Group will collect applications for a RUB 13 bln issue of five-year exchange ...   read more
PIK Group Closes Deal to Acquire Morton
December 08, 2016, 11:14, (Property Xpress) - Russia’s residential real estate developer PIK Group has closed a deal to buy Morton, Sergey Gordeev, PIK ...   read more
PIK Group Acquires Two Sites in St. Petersburg
November 01, 2016, 13:28, (Property Xpress) - Moscow residential real estate developer PIK Group has acquired two sites in St. Petersburg, in the city’s ...   read more
PIK Group to Raise RUB 15 Bln by mid-2017
October 31, 2016, 13:57, (Property Xpress) - PIK Group plans to place RUB 10-15 bln bond issues in the next six months, as part of an already approved RUB ...   read more
First Coupon Rate on PIK Group’s Bonds Set at 13 Pct
September 14, 2016, 9:10, (Property Xpress) - Russian developer PIK Group has set the first coupon rate on its RUB 9.0 bln bonds at 13 pct per annum, ...   read more
PIK Group to Raise RUB 6.0 Bln via Bonds
September 05, 2016, 14:01, (Property Xpress) - Russian developer PIK Group plans to collect applications for a RUB 6.0 bln issue of 10-year exchange bonds of ...   read more
PIK Group to Raise RUB 10 Bln via Bonds
July 27, 2016, 12:26, (Property Xpress) - PIK group of companies plans to collect applications for a RUB 10 bln issue of exchange bonds of three series ...   read more
Avdeev Receives Indirect Control over 20 Pct of PIK Group Shares
February 16, 2016, 10:38, (Property Xpress) - The main owner of Moscow Credit Bank, Roman Avdeev, through Wellcreek Corporation, Concern Rossium and Moscow ...   read more
PIK Group Sells Site in Central Moscow
January 19, 2016, 13:20, (Property Xpress) - Russian developer PIK Group has agreed to sell the former 6.8 ha Krasnopresnensky sugar refinery site at ...   read more
PIK Group to Develop Housing near Salaryevo TPU
November 23, 2015, 16:53, (Property Xpress) - The Federal Antimonopoly Service of the RF (FAS) has allowed PIK Group to acquire 100 pct of the shares of AO ...   read more
VTB Prolongs RUB 24 Bln Loan to PIK Group
June 11, 2015, 11:21, (Property Xpress) - Russian real estate developer PIK Group has announced it has extended a RUB 24.3 bln loan agreement with VTB ...   read more
PIK Group to Redevelop Former Industrial Zone in Otradnoe
May 18, 2015, 9:56, (Property Xpress) - PIK Group has submitted the sole bid to acquire the right to develop Otradnoe industrial zone, covering an ...   read more
Work on Odintsovo Mixed-use Scheme to Start in Autumn
May 08, 2015, 8:19, (Property Xpress) - Construction of housing and social infrastructure in the former military town Odintsovo-1 could begin in ...   read more
PIK Group Plans 320,000 Sq. m Moscow Residential Project
May 05, 2015, 11:49, (Property Xpress) - Russian residential real estate developer PIK Group plans to implement a brownfield investment project in ...   read more
Mikhail Shishkhanov’s PIK Group Stake Falls below 10 Pct
April 24, 2015, 11:39, (Property Xpress) - Russian businessman Mikhail Shishkhanov has reduced his stake in PIK Group from 17.2 to 9.8 pct, the company ...   read more
PIK Group Sells Residential Property for RUB 10 Bln in Q1’2015
April 16, 2015, 13:29, (Property Xpress) - Residential real estate developer PIK Group in the first quarter of 2015 entered into contracts for the sale ...   read more
PIK Group to Redevelop Former Military Town in Odintsovo District
April 09, 2015, 10:00, (Property Xpress) - Russian residential real estate developer PIK Group has won a competition to develop an integrated housing ...   read more
PIK Group to Develop One Million Sq. m of Real Estate in Odintsovo
March 25, 2015, 16:59, (Property Xpress) - Russian real estate developer PIK Group plans to develop more than one million sq. m of real estate on the ...   read more
PIK Group Sees17 Pct Decrease in Sales in 2014
January 23, 2015, 11:08, (Property Xpress) - Russian real estate developer PIK Group has provided trading updates for the twelve months ended December 31, ...   read more
Sergey Gordeev Raises Stake in PIK Group
December 17, 2014, 9:00, (Property Xpress) - The largest shareholder of PIK Group, Sergey Gordeev, has increased his stake in the developer to 29.9 pct ...   read more
PIK Group to Sell Development Project in Central Moscow
November 06, 2014, 16:15, (Property Xpress) - Russia’s real estate developer PIK Group, specializing in mass housing, is negotiating to sell its single ...   read more
PIK Group Strategy Shifts
September 04, 2014, 8:38, (Property Xpress) - Russian residential real estate developer PIK Group is changing its strategy for 2014-2017. The new plan is ...   read more
Mikhail Shishkhanov Increases Stake in PIK Group
July 02, 2014, 8:16, (Property Xpress) - Russian businessman Mikhail Shishkhanov has increased his stake in PIK Group from 14.9 to 17.19 pct, by buying ...   read more
PIK Group Borrows RUB 24 Bln
June 17, 2014, 8:27, (Property Xpress) - Russian residential real estate developer PIK Group has closed a deal to borrow RUB 24.3 bln from VTB Capital ...   read more
Developer Pays RUB 3.5 Bln to Acquire Three Sites in Moscow
June 10, 2014, 10:51, (Property Xpress) - A Russian real estate developer has paid a total of RUB 3.5 bln to acquire three sites in Moscow and the ...   read more
PIK Group Lays Foundation for Residential Estate in Kaluga
May 07, 2014, 12:40, (Property Xpress) - Russian residential real estate developer PIK Group will invest RUB 700 mln for construction of a housing ...   read more
PIK Group to Develop 200,000 Sq. m Moscow Housing Compound
March 24, 2014, 13:36, (Property Xpress) - The Urban Land Commission of the Government of Moscow has approved the design of urban plans for an 8.8 ha ...   read more
VTB Bank Exits PIK Group Capital
January 27, 2014, 9:12, (Property Xpress) - VTB Bank, which owned 6.6 pct of the shares of Russia’s residential real estate developer PIK Group, is no ...   read more
Mamut and Gordeev Acquire Stake in PIK Group
December 23, 2013, 9:08, (Property Xpress) - Russia’s businessmen Alexander Mamut and Sergey Gordeev have become shareholders of one of the country’s ...   read more
Alexander Mamut Acquires Stake in PIK Group
December 17, 2013, 8:49, (Property Xpress) - Russian businessman Alexander Mamut, along with former Senator Sergey Gordeev, is in the process of purchasing ...   read more
PIK Group to Undergo Shareholding Change
November 26, 2013, 8:47, (Property Xpress) - The deal to change the controlling shareholder in Russia’s residential real estate developer PIK Group is in ...   read more
PIK Group Records RUB 41 Bln in Sales Revenue in 9M’2013
October 30, 2013, 13:59, (Property Xpress) - Russian real estate developer PIK Group recorded the highest increase in revenue from sales of apartments in ...   read more
PIK Group Acquires Land in Moscow Suburbs
October 23, 2013, 7:52, (Property Xpress) - Russia’s residential real estate developer PIK Group today announced it has acquired 100 pct of the shares ...   read more
PIK Group to Purchase Land in Moscow Suburbs
September 27, 2013, 9:31, (Property Xpress) - Russian developer PIK Group is considering buying OOO Zarechye Sport, which owns approximately 20 ha of land ...   read more
PIK Group Acquires Business Park – Fili
August 20, 2013, 13:36, (Property Xpress) - Russia’s real estate developer PIK Group today announced the acquisition of 100 pct of the voting shares of ...   read more
PIK Group Gets Green Light to Acquires Business Park – Fili
August 08, 2013, 12:34, (Property Xpress) - The Federal Antimonopoly Service (FAS) of the RF has granted permission to PIK Group to acquire 100 pct of the ...   read more
PIK Group Acquires Moscow Site for RUB 1.0 Bln
July 22, 2013, 13:01, (Property Xpress) - Russia’s residential real estate developer PIK Group has announced the acquisition of 96.2 pct of the shares ...   read more
Developer Allowed to Purchase Site for Business Class Housing
July 08, 2013, 14:14, (Property Xpress) - The Federal Antimonopoly Service of the Russian Federation (FAS) has allowed Moscow-based development company ...   read more
Developer to Dispose of Land for 80,000 Sq. m Office Center
July 03, 2013, 10:58, (Property Xpress) - A Russian real estate development company is considering selling a land plot destined for an 80,000 sq. m ...   read more
PIK Group and Kortros to Build Affordable Housing under PPP
June 24, 2013, 14:18, (Property Xpress) - Russian residential developer PIK Group, the Ministry of Construction and the Agency for Housing Mortgage ...   read more
PIK Group Raises USD 275 mln via SPO
May 31, 2013, 8:34, (Property Xpress) - Russia’s residential real estate developer PIK Group today announced it has raised about USD 275 mln in a ...   read more
PIK Group to Raise USD 150 mln via New Share Issue
May 29, 2013, 12:49, (Property Xpress) - Russia’s residential real estate developer PIK Group today announced the launch of an offering of new ...   read more
Mikhail Shishkhanov Acquires 20 pct Stake in PIK Group
April 29, 2013, 9:06, (Property Xpress) - Russian businessman Mikhail Shishkhanov has bought 19.99 pct of the shares of PIK Group, thus becoming the ...   read more
Russian Developer Mulls SPO
April 22, 2013, 14:34, (Property Xpress) - A Russian real estate developer is considering raising USD 300-350 mln through a secondary public offering ...   read more
Moscow Construction Project to Change Owners
March 20, 2013, 15:01, (Property Xpress) - A high-rise commercial real estate development project in the Russian capital is changing owners. According to ...   read more
Moscow to Seek Investors for Revitalization Scheme
February 26, 2013, 9:02, (Property Xpress) - The City of Moscow has prepared a financial model of a new major regeneration project on part of the ZIL plant ...   read more
Sberbank Opens RUB 4.0 bln Credit Line to Developer
February 11, 2013, 10:06, (Property Xpress) - Russia’s largest lender, Sberbank, has agreed to open a RUB 4.0 bln four-year non-revolving credit line to ...   read more
PIK Group Starts Zheleznodorozhny Housing Project
December 17, 2012, 13:58, (Property Xpress) - Russian real estate developer PIK Group has started construction work on Center-2 project in Zheleznodorozhny, ...   read more
PIK Group Reaches Debt Rescheduling Deal with Sberbank
November 29, 2012, 12:47, (Property Xpress) - Russia’s residential real estate developer PIK Group today announced it has reached agreement with Sberbank, ...   read more
Russian Regional Housing Project Moves Ahead
October 31, 2012, 16:44, (Property Xpress) - A one million sq. m real estate project has received the green light from the Land Use and Development ...   read more
PIK Group to Start New Moscow Project
October 08, 2012, 13:46, (Property Xpress) - Russia’s residential real estate developer PIK Group plans to build 123,000 sq. m of housing on the former ...   read more
PIK Group to Start RUB 30 Bln Housing Project
October 04, 2012, 15:29, (Property Xpress) - Russia’s residential real estate developer PIK Group intends to build 1.1 million sq. m of housing on the ...   read more
Five Star Hotel under Construction on Russian Black Sea Coast
September 14, 2012, 9:02, (Property Xpress) - A five-star accommodation unit with 500 rooms is being developed on the Russian Black Sea coast by a structure ...   read more
PIK Group Plans Perm Multi-story Apartment Project
September 13, 2012, 11:28, (Property Xpress) - Residential real estate developer PIK Group is negotiating with Perm city authorities to develop affordable ...   read more
Holiday Home Chernomorets Initiates Own Insolvency
September 04, 2012, 12:14, (Property Xpress) - Holiday Home Chernomorets, developer of two five-star hotels with a total of 900 rooms in Imeretinskaya ...   read more
Moscow Gives Green Light for 193,000 sq. m Housing Project
August 10, 2012, 12:17, (Property Xpress) - The Urban Land Commission of the Government of Moscow has agreed on construction of 193,000 sq. m of housing ...   read more
Moscow Approves Development Scheme for 220 Ha of Land
July 13, 2012, 11:21, (Property Xpress) - The Urban Land Commission of the Government of Moscow has approved a development scheme for two plots with a ...   read more
PIK Group Attracts Institutional Investor for Retail Program
July 11, 2012, 10:26, (Property Xpress) - Russian residential real estate developer PIK Group has started collaboration with non-governmental pension ...   read more
Foundation Laid for 180,000 Sq. m Residential Neighborhood
June 15, 2012, 8:19, (Property Xpress) - INSIDE: Developer, Project Details, Location, Estimated Investment Volume, Implementation Period. Russian ...   read more
VTB Capital Increases Stake in Residential Developer
June 11, 2012, 16:02, (Property Xpress) - VTB Capital, the investment arm of Russia’s second largest bank VTB, has collected more than 13 pct of the ...   read more
Developer Starts Novorossiysk Housing Project
May 30, 2012, 8:12, (Property Xpress) - INSIDE: Developer, Project Location. Subscribe to read ...   read more
Developer to Start Moscow Office Park Project
May 28, 2012, 13:07, (Property Xpress) - INSIDE: Developer, Project Details, Location. Subscribe to ...   read more
Institutional Investor to Pour RUB 1.0 bln into Moscow Real Estate
May 04, 2012, 9:54, (Property Xpress) - A Russian institutional investor is considering investing up to RUB 1.0 bln (USD 33.8 mln) in the private ...   read more
PIK Group Reports RUB 4.8 Bln Net Profit for 2011
April 30, 2012, 14:51, (Property Xpress) - Russia’s residential property developer PIK Group, controlled by billionaire Suleiman Kerimov, posted a net ...   read more
Globus Signs USD 25 mln Land Acquisition Deal in Russia
April 23, 2012, 8:17, (Property Xpress) - The Russian subsidiary of Germany’s private grocery retailer Globus Holding GmbH & Co. has purchased a ...   read more
Update: Morton Finds Co-Investor for Mass Housing Development
April 19, 2012, 9:17, (Property Xpress) - Russian group of companies Morton, one of the largest residential developers in the Moscow suburbs, has a new ...   read more
PIK Group Reports 58 Pct Increase in Sales in Q1’2012
April 17, 2012, 11:13, (Property Xpress) - Russia’s residential real estate developer PIK Group said its property sales in the first quarter of 2012 ...   read more
Russian Developer to Hold SPO in 2013
April 12, 2012, 10:20, (Property Xpress) - A Russian company active in the residential real estate segment is ready to sell a quarter of its share ...   read more
Developer May Lose Site for St. Petersburg Office Project
April 09, 2012, 10:28, (Property Xpress) - A Moscow-based real estate developer may lose its only project in St. Petersburg. Last month, the Committee ...   read more
Update: PIK Group Reaches Debt Restructure Deal with Sberbank
March 21, 2012, 9:19, (Property Xpress) - Russia’s residential real estate developer PIK Group has announced that its board of directors approved ...   read more
PIK Group Reaches Debt Restructure Deal with Sberbank
March 16, 2012, 13:36, (Property Xpress) - Russia’s residential real estate developer PIK Group has reached agreement with Sberbank to restructure its ...   read more
PIK Group to Develop Housing Compound in Downtown Moscow
March 07, 2012, 12:30, (Property Xpress) - Russian residential real estate developer PIK Group has presented a development project in Central Moscow, as ...   read more
Morton to Develop 540,000 Sq. m of Housing in Krasnogorsk
March 06, 2012, 11:51, (Property Xpress) - One of the largest Moscow developers, Morton group, plans to invest about USD 800 mln in construction of ...   read more
PIK Group Starts Moscow Development
March 01, 2012, 15:19, (Property Xpress) - Russian residential real estate developer PIK Group today announced it has initiated construction of its ...   read more
PIK Group to Start Five New Projects
February 08, 2012, 10:02, (Property Xpress) - Russia’s residential real estate developer PIK Group has announced plans to start five new projects in ...   read more
Yuri Zhukov to Lead VEB Project Management
February 06, 2012, 17:49, (Property Xpress) - One of the PIK Group founders, Yuri Zhukov, will lead the newly created VEB Project Management company, ...   read more
PIK Group Reports Strong Revenue Growth in 2011
January 23, 2012, 13:34, (Property Xpress) - Russia’s residential property developer PIK Group, controlled by billionaire Suleiman Kerimov, posted a ...   read more
Klever Asset Management to Build Sochi Hotels
November 25, 2011, 9:02, (Property Xpress) - Yuri Zhukov, one of the PIK Group founders, intends to participate in Olympic construction in Sochi. His ...   read more
Klever Asset Management to Start Mass Housing Developments
November 17, 2011, 8:43, (Property Xpress) - Klever Asset Management, controlled by Yuri Zhukov, one of the PIK Group founders, will begin construction of ...   read more
PIK Group Drops Plans for SPO
November 01, 2011, 9:10, (Property Xpress) - PIK Group, one of the largest Russian residential real estate developers, has dropped plans to place ...   read more
PIK Group Acquires High-Rise Development Project
October 21, 2011, 10:37, (Property Xpress) - Russia’s residential property developer PIK Group intends to build high-rise structures in the Perm city ...   read more
Morton Finds Co-Investor for Mass Housing Development
October 07, 2011, 11:37, (Property Xpress) - Russian group of companies Morton, one of the largest developers in the Moscow region, has found a new ...   read more
PIK Group to Repay RUB 16 Bln to Creditors by June 30, 2012
October 03, 2011, 9:01, (Property Xpress) - Russian property developer PIK Group, which has to repay RUB 16 bln to creditors until June 30, 2012, has ...   read more
PIK Group to Develop 900,000 Sq. m Housing Project in Novorossiysk
September 22, 2011, 14:20, (Property Xpress) - The Russian city of Novorossiysk signed eight contracts during the Sochi Economic Forum, totaling RUB 34.2 ...   read more
Update: Storm Properties to Start First Housing Project
September 14, 2011, 12:02, (Property Xpress) - Stroyecologia is the investor in the 300,000 sq. m housing project on Ilinskoe Highway, in the village of ...   read more
PIK Group Signs USD 40 mln Refinance Deal, Sees 12.5 Pct Property Portfolio Increase in H1’2011
September 13, 2011, 11:04, (Property Xpress) - PIK Group, focusing on large-scale residential projects within the Moscow area and selected Russian regions, ...   read more
Developers Reduce Investment in Moscow Business Park
September 06, 2011, 10:04, (Property Xpress) - Storm Properties, controlled by Kirill Pisarev, one of the PIK Group founders, has reduced investments in its ...   read more
PIK Group Transfers 160,000 Sq. m of Real Estate to REITs
September 05, 2011, 12:58, (Property Xpress) - Russia’s residential property developer PIK Group will transfer 160,000 sq. m of commercial real estate in ...   read more
Storm Properties to Start First Housing Project
September 02, 2011, 10:33, (Property Xpress) - Storm Properties, owned by Kirill Pisarev, one of the PIK Group founders, is launching its first residential ...   read more
PIK Group to Lease Space in Residential Complexes
August 10, 2011, 9:24, (Property Xpress) - Russia’s residential property developer PIK Group intends to turn the first floor of its apartment complexes ...   read more
PIK Group Sees Sales Volume Up in H1’2011
July 28, 2011, 9:17, (Property Xpress) - Russia’s residential real estate developer PIK Group today announced its cash collections from sales of ...   read more
PIK Group to Sign Underwriting Agreements
July 06, 2011, 10:24, (Property Xpress) - The Board of Directors of PIK Group has approved the potential entry into underwriting agreements with Credit ...   read more
PIK Group to Build 200,000 Sq. m of Housing in Lyubertsy
June 22, 2011, 7:52, (Property Xpress) - Russian developer PIK Group is expanding its project in the Moscow suburb of Lyubertsy, following talks with ...   read more
Sberbank to Sell Stake in Eurasia Tower
May 31, 2011, 11:48, (Property Xpress) - Russia’s state-owned Sberbank may sell a RUB 5.0 bln credit facility, including penalties and interest, ...   read more
PIK Group Starts Obinsk Housing Project
May 12, 2011, 14:43, (Property Xpress) - Russia’s residential property developer PIK Group has started construction of a new housing complex in the ...   read more
PIK Group Sells Stake in Ochakovsky Project for RUB 2.1 bln
May 05, 2011, 8:09, (Property Xpress) - PIK Group has agreed to sell its 50 pct stake in the Moscow-based Bolsaya Ochakovskaya development, a mass ...   read more
PIK Group Revenue Falls 7.5 Pct in 2010
May 04, 2011, 14:54, (Property Xpress) - Russia’s residential property developer PIK Group said its total revenue for the 2010 financial year was ...   read more
PIK Group Reports 87.9 Pct Home Sales Increase in Q1’2011
April 20, 2011, 12:13, (Property Xpress) - Russia’s residential developer PIK Group today announced its sales to retail customers in the first quarter ...   read more
Russian Developers Join Forces for 100,000 Sq. m Housing Estate
March 30, 2011, 8:26, (Property Xpress) - Two Russian residential property developers have joined forces to build a 100,000 sq. m affordable housing ...   read more
PIK Group Shares to Resume Trading on LSE
March 14, 2011, 13:42, (Property Xpress) - Russia’s developer PIK Group expects to resume trading on the London Stock Exchange on Tuesday, March 15. ...   read more
PIK Group Reports Portfolio Decline in H2’2010
March 10, 2011, 12:19, (Property Xpress) - Russian residential real estate developer PIK Group has announced its portfolio value declined to USD 2.41 bln ...   read more
PIK Group Repays Loan to Nomos Bank
February 23, 2011, 13:28, (Property Xpress) - Russia’s residential developer PIK Group has announced it has finalized restructuring of its debt portfolio. ...   read more
Storm Properties Turns to Affordable Housing Development
February 16, 2011, 9:44, (Property Xpress) - Kirill Pisarev, one of the two founders of PIK Group, who lost control over the company during the crisis and ...   read more
PIK Group Shares Suspended from Trading on LSE
February 11, 2011, 13:56, (Property Xpress) - Shares of Russia’s developer PIK Group were suspended from trading in London today after the company said ...   read more
Russian Developer to Unfreeze Regional Residential Projects
February 10, 2011, 10:49, (Property Xpress) - The recent growth of consumer activity in the Russian property market allows large developers to revive plans ...   read more
Update: PIK Group Sells Stake in Moscow Project for USD 76 mln
January 21, 2011, 9:13, (Property Xpress) - Russia’s developer PIK Group yesterday announced the sale of its 32.5 pct holding in Moscow’s Park-City ...   read more
PIK Group Sells Stake in Moscow Project for USD 76 mln
January 20, 2011, 10:14, (Property Xpress) - PIK Group, one of Russia’s leading residential real estate developers, has sold its holding in Moscow’s ...   read more
Court Rules in Favor of Russian Developer to Purchase 7.5 Ha Site
December 22, 2010, 9:25, (Property Xpress) - The Moscow Arbitration Court has ruled in favor of a Russian developer to purchase an industrial site in the ...   read more
Sberbank Forms Property Development Structure
November 16, 2010, 9:25, (Property Xpress) - The Savings Bank of the Russian Federation (Sberbank) is consolidating its assets into a separate structure, ...   read more
PIK Group Records Steady Growth in Housing Sales
October 26, 2010, 9:06, (Property Xpress) - PIK Group, one of Russia’s leading residential real estate developers, has announced a trading update for ...   read more
PIK-Region and Omsk City Sign Settlement Agreement
October 06, 2010, 14:23, (Property Xpress) - Yesterday, Omsk district court ended a conflict between the city administration and PIK-Region, part of ...   read more
PIK Group Eyes SPO
October 04, 2010, 13:14, (Property Xpress) - Russia’s largest developer of economy-class residential real estate, PIK Group, can undertake a secondary ...   read more
Moscow Suburban Business Park Restarted
September 27, 2010, 11:28, (Property Xpress) - A 105,000 sq. m suburban office park project on the outskirts of Moscow has been resumed by the project ...   read more
Perm Residential Project Resumed
September 21, 2010, 8:44, (Property Xpress) - Three years after buying a site in Perm’s Iva district, PIK Group has started construction work on the ...   read more
Kirill Pisarev Acquires Control over Storm Properties
September 14, 2010, 7:57, (Property Xpress) - Kirill Pisarev, one of the two founders of PIK Group, who lost control over the company during the crisis and ...   read more
Nomos-Bank Loses 12.5 Pct Share in PIK Group
August 04, 2010, 15:10, (Property Xpress) - On Wednesday, August 4, the Moscow’s Ninth Arbitration Court of Appeals overturned the decision of the ...   read more
PIK Group Sales Double in H1’2010
July 29, 2010, 7:10, (Property Xpress) - PIK Group, one of Russia’s leading residential real estate developers, has announced a summary of ...   read more
PIK Group to Sell Share in Michurinsky Residential Project
July 16, 2010, 12:33, (Property Xpress) - PIK Group, principal owner of Suleiman Kerimov, may transfer half of its Michurinsky project to Inteco, ...   read more
Fund Acquires Full Control over 16,500 Sq. m Moscow Mixed-use Property
July 16, 2010, 8:12, (Property Xpress) - A real estate investment and development company focusing on Russia and other countries of the CIS has ...   read more
Sberbank to Join Park City Mixed-use Scheme in Moscow
July 13, 2010, 9:25, (Property Xpress) - Sberbank is considering acquiring the PIK Group share in Park City project, including construction of more ...   read more
PIK Group Records Fivefold Increase in Sales in H1’2010
July 07, 2010, 9:38, (Property Xpress) - Russian residential property developer PIK Group registered a fivefold increase in housing unit sales in the ...   read more
PIK Development Declared Bankrupt
July 02, 2010, 10:02, (Property Xpress) - PIK Group’s construction division PIK Development was declared bankrupt today by a decision of the Moscow ...   read more
Sberbank Acquires Seven Pct Share in Home Builder
July 01, 2010, 10:07, (Property Xpress) - Russia’s largest bank Sberbank has indirectly acquired a seven pct share in one of the largest home builders ...   read more
Walmart in Negotiations to Implement Chinese Strategy in Russia
June 25, 2010, 8:29, (Property Xpress) - Тhe world’s largest retailer, Walmart, has been negotiating with a Russian developer about buying their ...   read more
Klever Asset Management Starts Upscale Project in Moscow
June 09, 2010, 12:14, (Property Xpress) - Klever Asset Management, controlled by Yuri Zhukov, one of the founders of PIK Group, has resumed its luxury ...   read more
PIK-Kama to Build 12,000 Sq. m of Residential Space in Perm
June 03, 2010, 12:44, (Property Xpress) - PIK-Kama, a subsidiary of Moscow-based property developer PIK Group, plans to begin construction work on Iva ...   read more
Nomos-Bank Forecloses 12.5 Pct Share in PIK Group
May 25, 2010, 13:13, (Property Xpress) - The Moscow Arbitration Court has ruled in favor of the Russian Nomos-Bank to foreclose a mortgaged property ...   read more
PIK Group Starts Using USD 410 mln Credit Line
May 24, 2010, 11:33, (Property Xpress) - Russian group of companies PIK today announced the start of using a Sberbank credit line in the total amount ...   read more
PIK Group to Build 380,000 Sq. m of Housing in Moscow Suburb Khimki
May 12, 2010, 10:14, (Property Xpress) - PIK Group plans to build 380,000 sq. m of housing in the PIK Group plans to build 380,000 sq. m of housing in ...   read more
PIK Group Obtains Certificate of Title for Krasnopresnensky Sugar Factory
May 03, 2010, 11:45, (Property Xpress) - PIK Group has obtained a third certificate of title for the last of three adjacent sites forming the ...   read more
Vedis to Develop Economy Class Housing Estate
April 12, 2010, 8:22, (Property Xpress) - Vedis Group and Nafta-Moskva, the largest shareholder of PIK Group, have concluded negotiations on a ...   read more
PIK Group Starts Building New District in Podolsk
January 12, 2010, 9:06, (Property Xpress) - Russian group of companies PIK has started building homes in the Kuznechiki area in the town of Podolsk, ...   read more
PIK Completes Loan Restructuring, to Borrow USD 430 mln
December 28, 2009, 9:59, (Property Xpress) - Russian PIK Group has completed its loan portfolio restructuring in a move aimed to receive new funding from ...   read more
RGI International May Have New Co-owner
December 18, 2009, 15:41, (Property Xpress) - RGI International may soon have a new co-owner. The founder and majority shareholder of the company, Boris ...   read more
Sberbank Lends RUB 16 bln to PIK Group
December 04, 2009, 8:45, (Property Xpress) - PIK Group has signed a deal with Russian savings bank Sberbank to provide it with RUB 16 bln for five years. ...   read more
PIK Shareholder Acquires Elite Residential Project
November 11, 2009, 15:01, (Property Xpress) - Yuri Zhukov, one of the founders and a shareholder of PIK group, has purchased the only company elite ...   read more
PIK Group Announces Sale of 120 Apartments in Kaliningrad
November 03, 2009, 14:14, (Property Xpress) - Russian group of companies PIK today announced the sale of 123 apartments to the Russian Federation Ministry ...   read more
Sberbank Ready to Give up to USD 500 mln to Developer
September 25, 2009, 8:45, (Property Xpress) - Russian state-controlled Sberbank, the biggest lender to developers in Russia, is ready to lend up to USD 500 ...   read more
Russia to Give USD 800 mln Guarantees to Developer, Industrial Producer
September 18, 2009, 7:58, (Property Xpress) - The government committee for improving economy stability has approved providing USD 800 mln worth state ...   read more
PIK Group With no Funds to Service USD 262 mln Debt to VEB
September 15, 2009, 12:14, (Property Xpress) - One of the biggest Russian developers, PIK group, does not have sufficient working capital to service a USD ...   read more
Pool of Russian Builders to Raise 980,000 sq. m of Military Housing
July 10, 2009, 8:48, (Property Xpress) - Russian company MSM-5 won the Ministry of Defense tender in June to build military housing estimated at USD ...   read more
PIK Group Pay Debts with Residential Complex
July 08, 2009, 10:51, (Property Xpress) - Russian group of companies PIK plans to cover a USD 85 mln debt by transferring the ownership of the Ramenki ...   read more
Anti-monopoly Watchdog Gives Nod to Kerimov for PIK Deal
May 15, 2009, 8:35, (Property Xpress) - The federal antimonopoly service has allowed Suleiman Kerimov to buy a 20-pct stake in Russian developer PIK ...   read more
SU-717 Says Negotiates for 49 Pct in PIK, PIK Casts Back
May 14, 2009, 13:42, (Property Xpress) - OOO SU-717, an unknown company on the market, said it is in the final stage of negotiations to acquire the ...   read more
PIK Swings to USD 1.13 bln Net Loss in 2008
May 13, 2009, 11:42, (Property Xpress) - Russian residential property developer OAO PIK Group turned in a USD 1.13 bln net loss in 2008, compared with ...   read more
PIK Group Mandates Sberbank to Restructure USD 1.34 bln Debt Portfolio
April 06, 2009, 8:50, (Property Xpress) - PIK Group, one of Russia's leading residential real estate developers, has said it has exclusively mandated ...   read more
Lacero Buys 25 Pct in PIK Group
April 01, 2009, 12:22, (Property Xpress) - PIK Group one of Russia's leading residential real estate developers, today announced that Lacero Trading Ltd, ...   read more
Kerimov Takes 45-Pct Stake in PIK
March 25, 2009, 16:24, (Property Xpress) - Russian billionaire Suleiman Kerimov has reached a preliminary agreement for a 45-pct stake in local developer ...   read more
PIK Group to Sell Up to 45 pct Stake
March 20, 2009, 10:03, (Property Xpress) - Russian billionaire Suleiman Kerimov continues to buy up distressed assets. After becoming an owner of ...   read more
PIK Seeks Partners for Development Project in Perm
February 12, 2009, 14:20, (Property Xpress) - OOO PIK-Kama, part of PIK group of companies is currently in talks with several companies for joint ...   read more
DSK-2 Becomes Security for USD 115 mln Loans
January 26, 2009, 14:34, (Property Xpress) - ‘DSK-2’, a company of PIK group, will become security for two credits worth USD 155 and allocated by ...   read more
Moscow Buys 380,000 sq. m of Housing Estate
December 22, 2008, 10:21, (Property Xpress) - At an auction held on December, 19, Moscow purchased 380,000 sq. m of housing estate in Moscow and the region ...   read more
City Building Plan Ready for Gateway Project in St. Petersburg
December 02, 2008, 8:18, (Property Xpress) - Storm Property, part of PIK Group, has successfully coordinated and received city building plan for its ...   read more
PIK Group Secures USD 262 mln Debt Refinancing from VEB
December 01, 2008, 11:11, (Property Xpress) - Russian PIK Group said in a statement it has reached agreement with Vnesheconombank (VEB), a state-owned ...   read more
PIK Group Secures USD 300 mln State Loan
November 25, 2008, 15:37, (Property Xpress) - On Tuesday, Russian PIK Group said it had secured a loan of up to USD 300 mln from the state bank VEB, as part ...   read more
Russian PIK Completes Projects in Ukraine, Not to Start New
November 21, 2008, 9:21, (Property Xpress) - Russian PIK Group, has completed its work on the Ukrainian market, Vladimir Kochetkov-Sukach, First Deputy ...   read more
PIK Continues Residential Development in Perm
October 29, 2008, 10:31, (Property Xpress) - OOO PIK-Kama, part of PIK group of companies, is continuing implementation of its Iva and Baharevka ...   read more
PIK Ukraine to Focus on Smaller Projects
October 21, 2008, 10:43, (Property Xpress) - Kiev-based PIK Ukraine, controlled by Kiril Pisarev and Yuri Zhukov with 41.9 and 40.9 pct stakes respectively ...   read more
PIK Group Wins USD Billion Moscow City Tender
October 20, 2008, 8:03, (Property Xpress) - PIK Group, one of Russia's leading residential real estate developers, announced today that it has won several ...   read more
Moscow to Rescue Developers with USD 2.0 bln
October 15, 2008, 8:30, (Property Xpress) - Russian capital plans to spend up to USD 2.0 bln bailing out developers struggling to fund projects. The city ...   read more
Developer to Spend USD 100 mln for Premium Class Business Center in St. Petersburg
October 08, 2008, 9:22, (Property Xpress) - A Russian developer will invest over USD 100 mln in development of premium class business center on the ...   read more
PIK Group to Build Office Complex in Southern Moscow
October 03, 2008, 13:14, (Property Xpress) - Yuri Luzhkov, mayor of Moscow, has signed the order on construction of a new administrative and office ...   read more
Russian Businessmen to Develop Resort in Kaluga Region
September 15, 2008, 7:37, (Property Xpress) - Two Russian businessmen Alexander Bezuglov and Vyacheslav Loginow, shareholders of Gross Distilleries, plan to ...   read more
PIK Group Continues Expansion in Russia’s Regions
August 26, 2008, 9:09, (Property Xpress) - PIK Group, one of Russia’s leading residential real estate developers, today announced expansion into a ...   read more
PIK Group, Strabag Launch JV for High-end Projects in Moscow
August 04, 2008, 7:27, (Property Xpress) - PIK Group, one of Russia's leading residential real estate developers and Austrian construction company ...   read more
PIK Group Launches First Housing Production Plant
July 28, 2008, 13:01, (Property Xpress) - PIK Group, one of Russia's leading residential real estate developers, today announced the launch of its first ...   read more
Pik Group to Develop Residential Quarters in Kiev, Lviv and Donetsk
April 17, 2008, 9:08, (Property Xpress) - Pik Ukraine, daughter firm of Russian developer Pik Company will start carrying out economy class residential ...   read more
PIK Group to Enter Ukrainian market
March 25, 2008, 11:20, (Property Xpress) - Russian residential property developer PIK Group announced that it intends to expand outside Russia for the ...   read more
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