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News

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14 Mar 2005
London most expensive for industrial space

Industrial and warehousing space around Heathrow airport in London is the most expensive in the world.  / Source: European construction research
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01 Mar 2005
Construction of Grade A warehouse - office complex “EastPark” begins

Jones Lang LaSalle is pleased to announce that we have been appointed an exclusive marketing agent for the new Grade A warehouse – office development “East Park”, totaling 13,000 square meters, comprising 9,000 square meters of warehouse and 3,000 square meters of office area. / Source: Jones Lang LaSalle
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01 Mar 2005
Holiday Inn Cuts Ribbon in Moscow

With the opening of Holiday Inn Moscow Lesnaya next week, the city will finally get a branch of what could be the world's most recognizable hotel brand. / Source: The Moscow Times
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01 Mar 2005
St. Petersburg. Orient to Put Its Mark on Hotel

British hospitality chain Orient-Express Hotels has announced its first steps as the owners and managers of St. Petersburg's historic Grand Hotel Europe, in which it recently acquired a 93.5 percent stake in a $100 million deal.  / Source: The Moscow Times
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22 Feb 2005
IKEA new projekt

Just two months after IKEA opened the country's largest mall, Mega Khimki, the Swedish furniture giant is planning to surpass its own record with the construction of a $400 million, 240,000-square-meter shopping center near Moscow.  / Source: The Moscow Times
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18 Feb 2005
Biggest developers in Moscow

The development firm DIPS is the biggest of its kind in Moscow when it comes to the value of its construction works according to the findings of a study prepared by the consulting firm Vesco Realty.  / Source: European construction research
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15 Feb 2005
One Year Later, A Requiem for Transvaal

As a snow-flecked wind howled around what remains of the Transvaal water park, a small church choir sang hymns at a memorial service a few meters from its entrance. / Source: The Moscow Times
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15 Feb 2005
Hotel Chain Set for the Regions

Russian Hotels, a new company launched late last year, has announced ambitious plans for a chain of four-star hotels and office centers all over Russia and the CIS.  / Source: The Moscow Times
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15 Feb 2005
City to Ease Hotel Crisis With Pre-Fab Housing

Moscow City Hall has come up with a way to solve the hospitality crisis brought about by the lack of affordable hotel rooms: It will mass-produce new hotels.  / Source: The Moscow Times
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08 Feb 2005
First building of Naberezhnaya Tower

Jones Lang LaSalle and Noble Gibbons in association with CB Richard Ellis are pleased to announce completion of the first building of Naberezhnaya Tower, which has been widely recognized the most significant project delivered to the Moscow market in 2004.  / Source: Jones Lang LaSalle & Noble Gibbons
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08 Feb 2005
IKEA Founder Eyes the Regions

Ingvar Kamprad, the legendary founder of IKEA, came to Russia last week to announce his company's ambitious expansion plans.  / Source: The Moscow Times
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04 Feb 2005
Office Rents In London’s West End Accelerated Faster Than Any Other European City In 2004

Prime office rents in London saw the highest increase in 2004, compared with other major European cites - London (+16%), Brussels (+7.3%), Luxembourg (+5.7%), Lyon (+3.2%) and Barcelona (+0.7%) - according to the latest edition of Jones Lang LaSalle’s European Office Property Clock.  / Source: Jones Lang LaSalle
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01 Feb 2005

Thirteen years and half a dozen decrees after City Hall earmarked a plot of land as the site for a future "Russian Disneyland," implementation of the ambitious plan is finally about to begin.  / Source: The Moscow Times
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01 Feb 2005
IKEA Tops Forbes List of Richest Landlords

Three foreign companies accounted for nearly a third of all rental income from commercial real estate in Moscow last year, according to estimates in the February edition of Forbes magazine.  / Source: The Moscow Times
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01 Feb 2005
Luzhkov Clarifies Fate of Moskva Hotel

Mayor Yury Luzhkov has raised the art of the dramatic pause to new heights, breaking three months of silence to announce the fate of the Moskva Hotel, next to the Kremlin.  / Source: The Moscow Times
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26 Jan 2005
European Office Property Clock, Q4 2004

The office clock illustrates short-term trends in prime face rental values in the prime location within each market. It does not aim to represent all sub-markets of an individual city or changes in the level of incentives offered to occupiers. / Source: Jones Lang LaSalle
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25 Jan 2005
Paveletskaya Gets $200M Mall

City Hall last week approved the construction of a $200 million, 115,000-square-meter shopping mall underneath Paveletskaya Ploshchad in central Moscow. / Source: The Moscow Times
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25 Jan 2005
Moscow Fridge Facility Gets the Cold Shoulder

As part of City Hall's plans to relocate industry away from downtown areas, Moscow's No. 1 Cold Store Complex is making way for a large shopping and entertainment center.  / Source: The Moscow Times
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25 Jan 2005
Moscow

Moscow has the second-best real estate development prospects of any city in Europe, but as far as the risks involved are concerned it is bottom of the list, according to Emerging Trends in Real Estate: Europe 2005, a survey prepared jointly by the Urban Land Institute and PricewaterhouseCoopers.  / Source: The Moscow Times
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21 Jan 2005
Commercial Real Estate Investment Outlook for 2005: Ones To Watch in Europe

London, 11th January 2005 – Investment in real estate across Europe in 2005 could match the record ?90 billion transacted in 2004, according to Jones Lang LaSalle’s European research outlook for 2005...  / Source: Jones Lang LaSalle
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