News

Tuesday, 22.05.2012

Chinese investors come to the Russian market | Spotlight

Major Chinese investors Dalian Wanda Group and China Oceanwide Holdings announced their intention to enter the Russian commercial real estate market. The companies have chosen Irkutsk as a launching pad for their projects

Ivanishvili sells his development business | New deals

BIN group (co-owners - Mikhail and Sait-Salam Gutseriyev and Mikhail Shishkhanov) are buying Boris Ivanishvili’s real estate development business. The transaction amount is nearly $1 billion.

Nekrasov Library will become a luxury hotel | Spotlight

David Yakobashvili will build a luxury hotel on Tverskaya Boulevard, replacing the former Nekrasov Library. By June 11, Moskomaritektura should give the company the development plan for the land.

Main events in the commercial real estate market April 30 - May 13 | Research

Shcherbinka is being surrounded by hypermarkets | Spotlight

Authorities of Shcherbinka, in the Moscow Oblast, announced the construction of two hypermarkets, one with 12,000 and the other with 14,000 sqm in the first quarter of 2013. A shopping center with the area of ​​35,000 thousand sqm will appear a little bit later in the city.

X5 Retail Group will take half of the Holiday Classic | Новости компаний

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.

O1Properties attracts investors by its dividends | Spotlight

O1Properties, owned by Boris Mints, shareholder of the Otkrytie Financial Corporation, will attract investors in London by paying out dividends.

O1Properties has not fully settled with Horus | Spotlight

The structures of the owner of O1Properties, Boris Mints, still owe $56.1 million to Horus International for office centers purchased back in 2010. Deadline for repayment is November-December 2012. The money should come from the placement of shares on the London Stock Exchange.