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INTEGRATED BODY FOR URBAN DESIGN POLICY
AND DEVELOPMENT OF MOSCOW
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 Europe Real Estate
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| Vicus Capital Advisors establishes new Baltic Property Fund Vicus Limited. Vicus Limited has invested in real estate in Russia, Ukraine and the Baltic countries. In connection with the establishment of VCA Baltic Retail, Vicus Limited will sell its development projects in the Baltic countries to the new fund... |
 St. Petersburg approves high-end residential project by Erick van Egeraat (NL/RU)The urban planning council of St. Petersburg Russia, approved Erick van Egeraat’s concept design for Moika Krukov. |
 MirLand sells Techagrocom project in Moscow for ˆ32.8 millionMirLand Development Corporation plc, one of the leading residential and commercial property developers in Russia, announced that agreements have been entered into today for the sale of Techagrocom-2 by a MirLand joint venture company. |
 Prime office space in sublease is finding its tenantsOne of the big audit and consulting companies PricewaterhouseCoopers has signed a long term sublease agreement with one of the Moscow leading legal practices Norton Rose (Central Europe) LLP for 1,409 sq m in a landmark office project White Square Office Center that was opened this autumn. |
 Cushman & Wakefield research report: Office snapshot RussiaAll commercial real estate rents decreased in 2009 by 30-50%. The decrease of rents played a positive role for business in general, because it helped tenants to control their costs during a difficult period. |
 Evans Randall accquires major Moscow office complex Silver CityEvans Randall, the privately held UK investment banking and private equity group, has acquired Silver City, a prime office complex in central Moscow as part of a renewed programme of prime property acquisitions in Europe. |
 Deere & Company leases 45,000 sq m of Giffels South Gate Industrial ParkGiffels Management Russia has reached an anchor leasing agreement with Deere & Company for 45,000 sq m - or over 60% - of the 75,000 sq m Phase 1 of Giffels South Gate Industrial Park. |
 IMMOEAST opens 170,000 sq m shopping and entertainment center in MoscowIn Sviblovo, the most densely populated district in Moscow, IMMOEAST AG has completed Europe’s biggest shopping mall in partnership with the experienced project developer Patero. |
 International support for Russian retail real estateThe International Council of Shopping Centers (ICSC) is launching an ICSC Liaison Committee in Russia on Thursday 12 November to support the fast growing retail development industry in the country. The Committee will launch from 4-6.30pm at the Hotel Baltschug Lempinski, Moscow. |
 Largest shopping center in Europe to open November 18 in MoscowThe Patero Development company announced that the construction of the Golden Babylon Rostokino shopping center, at 241,000 sq m the largest urban shopping center in Europe, will meet the previously mentioned time terms to open on November 18, 2009 as planned. |
 Active shopping center development continues in Russia, but investors are waiting for stabilizationA long period of growth and high commodity prices allowed the Russian economy to delay the effect of the global financial crisis. The Russian consumer remains the key player in the economic development. |
 Real Vienna 2009 - Where the new Europe is builtDecision-makers from over 50 countries meet at the most beautiful time of the year in Vienna at the Real Vienna, the CEE/SEE-focused Real Estate and Investment Fair from May 26 to 28, 2009 in Vienna’s Congress Centre Messe Wien. |
 Significant rental and take-up declines across Europe's office marketsAccording to Jones Lang LaSalle’s Q1 2009 European Office Rental Clock, European prime office market rents decreased by 8.0% over the quarter, a fall not witnessed in the Index before. |
| A thaw in the Moscow land market According to Cushman & Wakefield, the land market in the Moscow Region is clearly beginning to segment. Land plots for cottage construction are no longer popular and in our forecast demand for these land plots will not increase over 2009. |
 Atrium opens Togliatti Park House extensionAtrium European Real Estate Limited, one of the leading real estate companies focused on shopping center investment, management and development in Central and Eastern Europe, announced the opening of a 12,100 m² extension to its Togliatti Park House shopping center in Russia. |
 ECE takes over management of Vremena Goda shopping center in MoscowECE Projektmanagement, European market leader for inner city shopping centers, takes over the management of Vremena Goda in Moscow, Russia. The first-class shopping gallery is located on the busy Kutuzovskiy Prospekt boulevard and houses over 150 shops on approx. 30,000 m² of leasable area. |
 Real Estate Publishers launches three new Yearbooks at MIPIM 2009Real Estate Publishers (REP) has launched three new editions of its highly popular Yearbooks at MIPIM 2009 in Cannes: Europe Real Estate 2009 (sixth edition), Holland Real Estate 2009 (10th edition), and Belgium Real Estate 2009 (fourth edition). |
 Fashion House Development plans the first ever Russian outlet centerFASHION HOUSE Development, successor of The Outlet Company, and a partnership of GVA Grimley Outlet Services and Liebrecht & Wood, have completed the acquisition of their first Outlet plot in Russia. |
| World-famous brands opening at Golden Babylon shopping and enterntainment center, Rostokino Colliers International, exclusive marketing and leasing agent of SEC Golden Babylon Rostokino, announces that 75% of the premises have been leased. |
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