Not long ago, the Azimut Hotel Kostroma became the second addition to the rapidly developing Azimut Hotel Network, which in a short period has managed to capture a leading position in the Russian hotel business with the sheer quantity of its hotel rooms. The hotel network is oriented toward corporate …

The A-class Apollo business center on Dobrolyubov Prospekt, which opened in July this year, is already 90% filled with occupants. The commercial real estate market experts are almost unanimous that this is one of the most successful and promising properties on the Petersburg office real estate market. The public company …

Developers first conceived of the ILP Leningradskii Terminal in 2004. This same period was marked by rapid retail development and the active construction of shopping centers, but also by an almost total lack of high-quality warehousing areas. The ILP, or International Logistical Partnership, was one of the first companies to …

The rows of tin shacks that crowd most Moscow courtyards are evidence that many of the city’s dwellers are in need of more storage space. As a result of Moscow’s economic boom and consumer craze, expensive square meters of real estate are quickly becoming cluttered. Until recently, the only storage …

Today the mall Epicenter opened in September 2006 has hundreds of various goods, food court services and entertainments to offer. The pool of its tenants is largely formed from local retailers. The anchors include the food supermarket Bomba (Vester Group), the household equipment and electronics supermarket Maximus (Vester Group), the …

The 130,000-sqm Ramstore Capitol shopping and entertainment center opened on 2 December 2006 in Moscow on the upper side of Prospect Verdanskogo. The retail center houses more than 100 various retail operators, a nearly 8,000-sqm office complex, an eight-screen Karo Film cinema, an entertainment complex with bowling, a fitness center, …

Demand for quality warehouse space is still the talk of the day on the Moscow market, which is still far from the point of saturation. Being aware of attractiveness of this segment, many developers started building warehouses, though very few succeeded. The agricultural firm Belaya Dacha exemplifies a successful start-up …

Ocean, located at 49 Chkalov St., is the first modern shopping and entertainment center for the citizens of Zhukovsky, a city located near Moscow. The 7,000-sqm complex houses reasonably priced stores which threw their doors open to their first customers in December 2005. The total amount invested in the project, …

The Gorod (Eng. – city) shopping and entertainment complex on Ryazansky Prospect, one of Russia’s largest federal highways, opened in May 2006, following the Moscow mayor’s signing of the respective decree in October 2005. The developer constructed the complex on a plot previously belonging to the Karacharovsky Machine Factory. Moreover, …

The multifunctional complex, Pokrovskie Vorota, is situated in the historical center of Moscow at #40 Pokrovka. It includes 24 thousand sqm of commercial real estate space serving two radically different functions and operated autonomously by separate organizations. The French hospitality network, MaMaison of the ORCO Property Group, is responsible for …