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Moscow Property news

  • Colliers International is appointed as exclusive advisor to Stockmann Group for possible disposal of the Nevsky Center landmark property in Saint Petersburg

    Moscow, Russia – 1st November 2016 – Colliers International has been instructed by Stockmann Group as exclusive advisor to investigate a possible disposal of the freehold interest in Nevsky Center located in the heart of Saint Petersburg.

  • Moscow office vacancy rate falls first time in 2016 – to 13.3% in Q3 2016

    Moscow, October 18, 2016 – Falling vacancy caused by banking institutions occupying large office facilities for their own use

  • Odin leases offices in Bolshevik Business Center in Moscow

    Moscow, 8 September 2016. – The investment company O1 Properties, one of the largest owners of A-class office property in Moscow, has agreed a long-term lease with the IT-company Odin. The contract covers 3135 sq. m over 3 floors of building 18 in the Bolshevik cultural and business center. Odin moved into its new A-class office in July 2016. The consultant for the transaction was Colliers International.

  • New appointment in Retail Property Department in St. Petersburg

    Moscow, August 11, 2016 – International consulting company Colliers International continues to strengthen the its Retail Property Department and announces the appointment of Irina Tsarkova as Associate Director of the department in St. Petersburg.

  • Eldorado leases 4,000 m2 at Logopark Troitskiy in St. Petersburg

    Moscow, August 2, 2016 – Eldorado has leased 4,000 m2 of warehouse space at Logopark Troitskiy in St. Petersburg. The consultant of the transaction was Colliers International.

  • Dina Postolenko appointed Executive Director of Retail Property Department in Moscow

    Moscow, July 27, 2016 – International consulting company Colliers International announces key appointments in its retail property line of business. Dina Postolenko has been appointed executive director of Retail Property Department in Moscow.

  • Bank license recall by Bank of Russia closes every 6th bank branch in Moscow

    Moscow, July 27, 2016 – Colliers International has analysed the impact of the mass recall of bank licenses by Bank of Russia in the street retail sector. Because of the regulation, 517 bank branches have closed in Moscow, which is 17% of the total amount of bank branches within the Moscow street retail market. Given that the average bank branch size is 150-200 m2, this means 70,000-100,000 m2 of vacated space.

  • Colliers International and REGIONS-Management sign partnership agreement

    Moscow, July 26, 2016 – International consulting company Colliers International and REGIONS-Management (part of the REGIONS Group) have signed a partnership agreement under wich Colliers International will render services to secure tenants for the existing regional shopping centre chain June. Brokerage will be carried out jointly with the property owner's team.

  • Anna Nikandrova appointed head of property management at Colliers International Russia

    Anna Nikandrova was appointed head of the property management department at Colliers International Russia on July 20, 2016. In addition to implementing all of the company's commercial real estate projects, Anna will comprehensively manage and coordinate the property management business line at Colliers International Russia. The commercial real estate team at Colliers International Russia will also continue working under her supervision.

  • Sponda to sell a shopping centre in Moscow

    Moscow - The property investment company Sponda Plc is selling the Solnechniy I shopping centre situated in Moscow to LLC IT Development at a price of approximatelyUSD 11 million, corresponding to the property's fair value at the end of June.

  • Colliers International strengthens its office real estate department

    Москва, July 6, 2016 – International consulting company Colliers International continues to strengthen its team in Russia and announces the appointment of Alexander Kulagin as associate director of the office real estate department.

  • Brexit could lead to 15% decline in property prices

    Moscow, June 24, 2016 - In a referendum in the UK, supporters of the country's exit from the European Union have won, breaking the barrier of 16.7 million votes. The decision on independence could lead to a 15% drop in premium-class housing prices, experts from the international consulting company Colliers International say.

  • Fashion operators open 60% of new shops in shopping centers in H1 2016*

    Moscow, June 23, 2016 – Fashion operators opened the most new stores in high-quality shopping centres (accounting for 59% of retail space) in H1 2016. Entertainment operators were in second place with a share of 18%, mainly accounted for by the opening of Kidzania family entertainment centre, with an area of 10,000 m2 in Aviapark shopping mall. Hobby goods were in third place (6%). Fashion operators had the highest number of openings in leading shopping centres (54 stores) and food service companies were in second place (12 new sales points), according to the international consultancy Colliers International.

  • Colliers International strengthens warehouse and industrial department

    Moscow, June 9, 2016 – Colliers International Russia continues to strengthen its team in Russia and announces the appointment of Ekaterina Berezovskaya as associate director of the warehouse and industrial department.

  • The street retail sector sees double the number of food service businesses open in Q1 2016

    Moscow, May 10, 2016 – More than 40 food service businesses of different types opened in Q1 2016 in Moscow’s Central District, compared to only 23 conceptual cafes and restaurants opened in the same district in Q1 2015. At the same time, two-thirds of new openings were individual concepts rather than branches of chains, according to a report by the international consulting company Colliers International.

  • Foreign companies lease 50% less office space in Moscow in Q1 2016

    Moscow, 21 April 2016 – The size of office space lease and sale transactions in Moscow involving foreign companies decreased from 40% to 20% in Q1 2016 compared to Q4 2015. Although foreign companies continue to sign new deals, they are choosing smaller offices and re-negotiating current leases to decrease the amount of occupied space, according to a report by the international consulting company Colliers international.

  • Vera Zimenkova to lead Colliers office unit in Russia

    Moscow, March 28, 2016 – Colliers International Group Inc, a leader in the global real estate market, continues to strengthen the team at its Russian office and announces the appointment of Vera Zimenkova to the position of regional director of the department of corporate solutions and office real estate.

  • Colliers International acquires leading property management specialist in the Netherlands

    TORONTO, February 26, 2016 - Colliers International Group Inc. (NASDAQ:CIGI, TSX:CIG), a global leader in commercial real estate services, today announced the acquisition of WPM Groep NV (“WPM”), Netherland’s leading property and asset management company. Once combined with Colliers International’s existing operations, the new merged business will be one of the leading players in the Netherlands with five additional offices in Hertogenbosch, Nieuwegein, Amsterdam, Barendrecht and Apeldoorn. The financial details of the transaction were not disclosed.

  • Colliers International to promote Columbus shopping and leisure centre

    Colliers International has entered into a contract to manage the marketing of the Columbus shopping and leisure centre. The scope of services is marketing management and promotion of the mall. The term of contract is two years with the possibility of extension. Colliers International started work on the project on February 14, 2016. Colliers International has been brokering the project since 2014.

  • Colliers International Reports Record Fourth Quarter and Yearend Results

    Toronto, Feb. 11, 2016 (GLOBE NEWSWIRE) -- Colliers International Group Inc. (NASDAQ:CIGI) (TSX:CIG) today announced record fourth quarter and yearend operating and financial results for the year ended December 31, 2015. All amounts are in US dollars

  • Ekaterina Fonareva appointed head of residential real estate department at Colliers International Moscow

    Moscow, February 3, 2016 - International consulting company Colliers International announces the appointment of Ekaterina Fonareva as head of the residential real estate department at Colliers International Moscow. This appointment reflects Colliers International’s initiative to continue strengthening its position in the residential real estate market. Colliers will work with projects on an exclusive basis and will participate in the completion of premises from the initial stages. An integrated approach will create the most sought-after product on the market and offer maximum yields for developers.

  • Office real estate sees investment of $1.1 billion in 2015

    Moscow, January 26, 2016 – In 2015, the amount of investment in offices in Russia amounted to $1.107 billion, resulting in an increase from 21% to 37% in the share of this sector in total transactions. Quality office assets with long-term leases are rather predictable and less subject to volatility in times of crisis, which contributes to the successful completion of investment transactions. A total of about $3 billion was invested in commercial real estate, which is a ten-year low, according to report by international consulting company Colliers International.

  • Retail space completions in Moscow Region to drop to 476,000 m2 in 2016

    Moscow, January 19, 2016 – Total completions of retail space in the Moscow Region in 2015 amounted to 620,000 m2. No major shopping mall construction was launched and some projects were halted at the stage of excavation. This is due to the fact that developers often prefer not to start new projects in anticipation of increasing availability of bank financing and the revival of the retail market. Large-scale shopping centres that opened in 2016 may be among the last for the next few years, and in 2017-2018, the market expects a shortage of new retail space, according to a report by Colliers International.

  • Margarita Aristarkhova appointed regional director of property management at Colliers International Russia

    Moscow, January 18, 2016 – Margarita Aristarkhova was appointed regional director of the property management department at Colliers International Russia in January 2016. In the new position, she will manage the entire property management business at Colliers International Russia.

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