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Intourist Auction Fails in Moscow
November 21, 2017, 13:58, (Property Xpress) - The Moscow government has not received bids for its 25.03 pct stake in VAO Intourist. An auction to sell the ...   read more
SOK Group to Increase Russian Presence
November 21, 2017, 13:43, (Property Xpress) - Finland’s SOK Group plans to double the number of its stores and hotels in St. Petersburg over the next five ...   read more
AFI Development Says Revenue Rises 25 Pct in 9M’2017
November 21, 2017, 12:40, (Property Xpress) - AFI Development, a real estate company focused on developing property in Russia, today announced its financial ...   read more
Alfa-Bank to Conclude Settlement Agreement with Alexei Hotin
November 21, 2017, 12:03, (Property Xpress) - The Meshchansky District Court has postponed considering a claim by Alfa-Bank against Alexei Hotin to November ...   read more
Saratov to Receive RUB 1.0 Bln for New Airport
November 21, 2017, 9:57, (Property Xpress) - Saratov will receive RUB 1.0 bln for construction of an international airport, according to a bill on the ...   read more
Leroy Merlin to Open New Hypermarket in Siberia
November 20, 2017, 17:58, (Property Xpress) - Leroy Merlin Vostok, part of France’s DIY retailer Leroy Merlin, plans to open a second hypermarket in the ...   read more
Gazprom to Auction Hotel in Krasnaya Polyana
November 20, 2017, 17:16, (Property Xpress) - Gazprom will make a second attempt to sell its Peak Hotel in Krasnaya Polyana, Sochi on December 22, 2017. The ...   read more
Sberbank Lends RUB 10 Bln to Developer
November 20, 2017, 13:43, (Property Xpress) - Sberbank has provided a RUB 10 bln 3.5-year credit line to PSN Group to build a residential project in the ...   read more
Cushman & Wakefield: Retail Rents Stabilize in Russia
November 20, 2017, 13:00, (Property Xpress) - Retail rents in Russia are stabilizing and vacancy rates for both high streets and shopping centers appear to ...   read more
Interdesign Rents 4,700 Sq. m of Moscow Warehouse Space
November 20, 2017, 12:36, (Property Xpress) - Furniture company Interdesign has signed a long-term lease agreement for 4,700 sq. m of space at the A-class ...   read more
SZIA Purchases St. Petersburg Property
November 20, 2017, 12:04, (Property Xpress) - North-Western Investment Agency (SZIA), half owned by Tatiana Meixina, wife of the head of the St. Petersburg ...   read more
Moscow Business Center Changes Owners
November 20, 2017, 10:13, (Property Xpress) - Management company ‘White Sphere’, engaged in construction of the Moskvarium complex at VDNKh, has closed ...   read more
Vremena Goda Reconstruction Completed in Moscow
November 17, 2017, 12:35, (Property Xpress) - Reconstruction of the Vremena Goda shopping center on 48, Kutuzovsky Prospect has been completed in Moscow, ...   read more
Shokolad Shopping Center up for Sale in Nizhny Novgorod
November 17, 2017, 12:05, (Property Xpress) - One of Nizhny Novgorod’s oldest shopping centers, Shokolad (Chocolate), has been put up for sale at a price ...   read more
Sovietsky Hotel Changes Owners in Moscow
November 17, 2017, 10:52, (Property Xpress) - Structures of Ruslan Baysarov, owner of the Tuva Energy Industrial Corporation (TEPK), no longer own the ...   read more
58,500 Sq. m Mixed-use Center Set to Open in Moscow in Q1’2018
November 17, 2017, 10:13, (Property Xpress) - A multifunctional complex will open on the Garden Ring in Moscow in the first quarter of 2018, following a USD ...   read more
Moscomexpertiza Gives Nod to 990-Room Apart-Hotel Project
November 17, 2017, 9:45, (Property Xpress) - The Moscow City Committee for Pricing Policy in Construction and State Project Inspection (Moscomexpertiza) ...   read more
Pioneer Group Obtains Building Permit for LIFE-Kutuzovsky Project
November 16, 2017, 13:57, (Property Xpress) - Moscow developer Pioneer group of companies has received a building permit for its LIFE-Kutuzovsky business ...   read more
WTC to Open Holliday Inn Express Hotel in Moscow
November 16, 2017, 13:11, (Property Xpress) - Moscow-based WTC (WTCM) will open next spring a Holliday Inn Express hotel on the basis of the existing Soyuz ...   read more
Update: Lotte to Buy Hotel in Vladivostok
November 16, 2017, 11:35, (Property Xpress) - Korea’s conglomerate Lotte announced on November 15 plans to acquire a five star hotel in the Russian city ...   read more
TerrAvto Sells St. Petersburg Property to Perekrestok
November 16, 2017, 10:33, (Property Xpress) - TerrAvto group of companies has sold a 4,400 sq. m complex of buildings on Parnas Street in St. Petersburg, ...   read more
Acons Group to Develop 100,000 Sq. m Logistics Park in Yekaterinburg
November 16, 2017, 8:48, (Property Xpress) - Acons Group plans to invest RUB 5.0 bln for construction of an 100,000 sq. m logistics park in Yekaterinburg. ...   read more
Magnit’s Founder Sells Stake to Raise Cash Quickly
November 15, 2017, 16:03, (Property Xpress) - Sergey Galitsky, the main owner of Russian grocery retailer Magnit, has sold a stake in the company at a ...   read more
Severo-Zapad Invest to Buy 144 Ha of Land in St. Petersburg
November 15, 2017, 13:56, (Property Xpress) - Severo-Zapad Invest plans to buy 144 ha of land on the coast of the Gulf of Finland near Sestroretsk. ...   read more
13,000 Sq. m Retail Center Obtains Building Permit in Moscow Region
November 15, 2017, 13:28, (Property Xpress) - About RUB 1.5 bln will be invested for construction of a hypermarket with an area of more than 13,000 sq. m in ...   read more

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