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Pisec to Build Hotel Complex in Eisk
2007-04-28 19:36:00
The authorities in Eisk have signed an agreement with Austria-based Pisec for the construction of a hotel complex on the embankment of the Gulf of Taganrog. Indeed, as reported by Eisk’s PR department to YUGA.ru, from 110 to 150 million rubles are slated for investment in the construction of the hotel.
Read more: Build , Hotel , Complex

Moscow Sees Homes In Industrial Zones
2007-04-28 19:33:00
City officials envision a modern glow encapsulating the 80 industrial districts peppered throughout the city, as they come to terms with the poor way of regulating land use they say they inherited from the Soviet era.Read More..
Read more: Moscow , Homes , Industrial , Zones

Western Management Sets Example
2007-05-01 00:06:00
Completing a real estate facility consists of several required stages which must be decided prior to bringing the idea to life. Indeed, the success of the entire project depends on the professionalism of the participants at each specific stage and their harmonious cooperationRead More..
Read more: Western , Management , Example

Prices Soar For Kazakh Property
2007-04-30 00:49:00
Property prices in Kazakh stan may rise by 25 percent this year as demand for residential space increases in the country's sixth straight year of economic growth, Bank TuranAlem said.
Read more: Prices

Savant appointed to oversee works on CBC Park Huaming in Moscow
2007-04-28 23:09:00
The development will cover a total of 8.2 hectares and the buildings will amount to 200,000 sqm. The works will be carried out in two phases, the first one to be completed by mid-2009 and the second one by 2010.Read More...
Read more: Savant , appointed , Moscow

Israelis Center In On Russia
2007-05-02 23:49:00
Israeli real estate company Danya Cebus Ltd. said on Sunday it had won a $60 million project in Russia to build a commercial center. Read More..
Read more: Center

Private Equity Investments in Russian Real Estate
2007-05-02 01:03:00
Over the past few years we have witnessed private equity investors starting to focus on investing in Russian real estate in addition to investing in industry, media, technology, consumer goods and servicesRead More..
Read more: Estate , Private , Equity , Investments , Private Equity

Rosneft pays USD 6.8 bln for YUKOS' Siberian assets
2007-05-06 00:00:00
Rosneft, Russia's government-owned oil company, paid USD 6.82 billion at an auction on May 3 for Siberian oil producer Tomskneft and other assets formerly belonging to Mikhail Khodorkovsky's bankrupt YUKOS. More..
Read more: Rosneft

Russia real estate firm PIK confirms plan to float
2007-05-05 00:16:00
Real estate developer PIK Group on Friday announced its intention to float in London and Moscow in the latest market listing by a property company riding the Russia n capital's real estate boom Read More..


Russia's real estate companies raised more new equity in 2006 than any other sector
2007-05-04 00:41:00
Apart from the country's dominant natural resources industry, Russia 's real estate companies raised more new equity in 2006 than any other sector . Even so, it is debt that fuels the country's property development boom.Read More..


A More Constructive Approach to Building
2007-05-07 23:32:00
The pickup in housing construction has yet to have much effect on the availability of housing. In the first quarter of 2007, according to the State Statistics Service, the rate of residential construction was 9.5 million cubic metersMore...
Read more: Building

Real Estate Solutions Starts Mall Development in Severodonetzk
2007-05-06 23:32:00
The Russian developer company Real Estate Solutions (RES) has signed the contract and started project coordination on mall development in Severodonetz.
Read more: Development , Real Estate

In the Spotlight
2007-05-11 00:06:00
If someone builds a beach resort in the shape of a palm tree, it can only be a matter of time before the first Russian pop star moves in. And the lucky Tvoi Den readers, shivering in Moscow this week, were given an exclusive photo shoot of singer Valeria and her producer husband Iosif Prigozhin splashing in the sea in Dubai, where they have bought a holiday home.More...
Read more: Spotlight

5 Firms Try to Make Market Less Murky
2007-05-10 01:15:00
For potential customers, the often murky Moscow real estate sector represents a minefield of costly risk and confusion.Among the biggest problems facing companies looking to rent office space, for instance, is the bewildering discrepancy between the statistics and classifications offered by various consultancy firmsMore...
Read more: Market

Developers Diversified plans to put up malls in Russia
2007-05-09 00:11:00
Developers Diversified Realty Corp. is preparing to develop a mall in Russia and another in Ukraine through a joint venture with ECE Projektmanagement, a development concern in Hamburg, Germany.More..
Read more: Developers , plans , malls

Moscow to Overpace London in Home Prices
2007-05-13 23:57:00
Moscow and St. Petersburg were scored the 11th and the 13th respectively and the analysts expect Moscow to dislodge London in ten years. More...
Read more: Moscow , Prices , Home Prices

Rosneft Denied House
2007-05-13 00:01:00
Experts estimate the real cost of YUKOS real estate at not over $550 million. Until yesterday, no one in the world has ever paid almost $4 billion for a building. Meanwhile, neither experts nor YUKOS claimers know who stands behind Prana.More...
Read more: Rosneft , House

Yukos HQ and other properties sell for nearly 4 billion dollars
2007-05-12 06:14:00
Moscow - A central Moscow high-rise and other real estate were among the last major holdings of fallen Russian oil company Yukos to sell for 3.89 billion dollars at auction on Friday, as the one-time leading oil firm nears oblivion. More...


Starwoods expands in Russia
2007-05-16 03:42:00
Scheduled to open in 2008 following an extensive renovation, the property is in the Petrogradskaya district of St. Petersburg, an area steeped in spectacular art and architecture, imperial treasures, historic opulence and old world charm.More...
Read more: Russia

St. Pete Signs Off on A Tower With a View
2007-05-15 01:32:00
ST. PETERSBURG - The 35 million euro ($47.6 million) project, tentatively approved on April 13, is intended to serve as an observation tower. Its supporters boast that it will allow visitors to see the city from a height almost twice as high as that of the St. Isaac's Cathedral colonnade, which currently offers the best view of the city.
Read more: Tower

White & Case scoops Russian real estate IPO
2007-05-18 01:49:00
The IPO was seven times oversubscribed. This is an indication of investor appetite for Russian real estate transactions. The market is very successful and I can see this developing furtherMore...
Read more: White

Russia: Dixy Raises $360m In IPO
2007-05-21 18:12:00
Dixy Group, Russia 's third-largest supermarket chain, has raised $360m in an initial public offering after selling stock at the low end of the price range. Investors bought 25 million shares, including 10 million new shares, for $14.40 a share. On 17 May, Dixy had cut the price range to $14.40-$15.80, from an initial range of $16.50-$22.


Russian property group to raise $2.2bn
2007-05-19 20:29:00
PIK Group, a Russian residential property developer, said on Friday that it planned to raise up to $2.2bn through an initial public offering in London and Moscow that would value the group at up to $14.1bn.More..


Island of Aphrodite Is Breeding Opportunity
2007-05-25 21:38:00
Business City Guyot, a company that operates the four-star boutique hotel Guyot and a business center in St. Petersburg, is to sell real estate abroad. Guyot, in cooperation with Leptos Group and the General Consulate of Cyprus in St. Petersburg, will sell residential real estate in Cyprus.
Read more: Island , Aphrodite , Breeding , Opportunity

70% of Muscovites expect further growth of real estate prices
2007-05-23 20:04:00
Sixty-four percent of the respondents said they needed a better apartment. Over one-third was generally satisfied with their homes but still would like to improve their living conditions. One-third said they would definitely do that. Sixty-nine percent said they could not afford a better dwelling.


How come you're not in Russia yet?
2007-05-27 17:04:00
Russia, Ukraine, Romania make up the hottest trio on Eastern Europe's real estate market, with a growing number of investors in Western Europe gluing their eyes to these emerging eastern markets, where a series of mammoth projects are being realised.
Read more: Russia

Moscow property investment warning
2007-05-31 16:45:00
The case for investing in property from Moscow Russia has taken a blow after The Global Property Guide who advises international real estate investors branded it too expensive. Moscow property prices are now among the highest in Europe, at from US$10,700 to US$20,500 per square metre in the key areas of central Moscow where the elite and foreigners live
Read more: investment , warning

Attempts by the city to develop its tourist industry and turn Moscow into a global financial capital
2007-05-29 16:54:00
As cheaper, larger Soviet hotels, including Rossia, Intourist , Moskva and Minsk have been pulled down over the past few years to make way for five-star hotels like the Ritz-Carlton, room availability have slumped.
Read more: Moscow , develop , industry , capital

Hilton set for big push into Russia
2007-06-02 18:48:00
Hilton hotels group is to announce plans for a big expansion in Russia and Britain with the development of about £800m worth of new properties across both countries.
Read more: Hilton

Residential Investment Rating Downgrade for Moscow, Russia
2007-06-06 08:11:00
Moscow property prices are now among the highest in Europe, at from US$10,700 to US$20,500 per square metre in the key areas of central Moscow where the elite and foreigners live.
Read more: Russia , Moscow , Rating

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