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North-West
New warehouses coming to St. Petersburg | Research
According to the study conducted by Astera in alliance with BNP Paribas Real Estate, there were no new warehouses opened in St. Petersburg during the 1st quarter of 2012. However, the experts claim the situation is changing fast, and we can expect significant new areas in the next quarter.
More and more empty offices in St. Petersburg | Research
According to a study conducted by Astera in alliance with BNP Paribas Real Estate, the average level of vacancies in the high-quality business centers of St. Petersburg in the first quarter of 2012 rose to 9.3%, against the 7.5% level in the 4th quarter of 2011. This increase is a result of a significant amount of new ‘Class A’ office buildings brought onto the market in 2011.
RBI will develop 15 ha in Kamenka | Projects
The holding RBI, which is owned by Edward Tiktinsky, intends to implement the project of integrated land’s development (15 ha) at the north of St. Petersburg.
“Megalith” has acquired the hotel “Rechnaya” | New deals
The holding “Megalith” of Alexander Berg, the main developer of residential estate, became the new owner of the hotel “Rechnaya” in St. Petersburg.
MFC instead of the factory
| Projects
The opening of the multi-functional center with the total area 77000 sq. m, which is the part of the redevelopment project of the former Alexander (Onega Tractor) Factory in Petrozavodsk is scheduled for the IV quarter of 2014.
The second hotel InterContinental Hotel will be opened in St. Petersburg
| Projects
The opening of the second InterContinental Hotel in Russia is planned in St. Petersburg in 2016.
The new City may appear in St. Petersburg | Spotlight
The area at Ladozhsky railway station in St. Petersburg may become the new business center of the city.
The first “Magnit” will be built in the Leningrad region | Projects
The completion of construction of the hypermarket “Magnit” with the total area 5844.2 sq. m in Sertolovo, near the intersection of East-Vyborg Street and the highway of Dmitry Kozhemyakin scheduled on December 1, 2012.
The business center will be built on-site of Pushkarevsk baths | Projects
The construction of the business center of the holding “Empire” began in St. Petersburg in early February 2012 on-site of the former Pushkarevsk baths.
IHG brought Indigo to Russia | Projects
The project
The first Hotel Indigo will appear in Russia: the hotel operator InterContinental Hotels Group has informed on signing of franchise contracts on opening of the hotel under this brand with 119 rooms in St. Petersburg.

