Peterland mall opens in St. Petersburg
The shopping section of the Peterland shopping and recreation centre opened in St. Petersburg on 15 June 2012. The outlet contains 130 shops on five floors, whereas the overall facility ...
View ArticleStockmann Nevsky to rotate tenants
A Nevsky Tsentr shopping centre in St. Petersburg, opened in 2010 by Finnish clothing retailer Stockmann, is to launch a rotation of its tenants in autumn 2012. The number of stores ...
View ArticleRoad construction works in Sochi prevent MoreMall from opening
The opening of MoreMall shopping centre in Sochi was delayed due to a road construction process in the city. As Retail Update Russia reported on a previous occasion, the opening ...
View ArticleBelaya Dacha Village opens in Moscow
The first 38,000 m2 stage of one of the first Russian largest outlet centres – Belaya Dacha Village – started operations on 18 August 2012, and was designed by Western ...
View ArticleIvanovo shopping centre to be extended
The Topol shopping centre on Luzhnevskaya Street in Ivanovo is to be extended. Its owners have decided to redesign the 35,000 m2 (21,000 m2) asset and add a second phase bringing the ...
View ArticleTorgovy kvartal moving into regions
Torgovy kvartal, the developer of shopping centres under the same name, is going to invest about $500m in new outlets in Russia. One of the new malls is to appear in Krasnoyarsk: construction ...
View ArticleA mall to be constructed in Chekhov (Moscow Province)
A new retail and leisure complex is set to open in Chekhov in Moscow Province in 2014. It will occupy 10 ha and have a parking facility for 1,200 cars. The complex will be 31,000 m² ...
View ArticleMalinka shopping centre in Novosibirsk to open in 2013
The Malinka shopping centre is to start operation in Novosibirsk in Q1 2013 after an overhaul. Currently, the owners of the building are concluding lease contracts with future tenants. ...
View ArticleNorman Asset Management to build retail parks in Russia
The British Norman Asset Management (NAM) fund is planning to build five retail parks, in the Perm Territory and the Chelyabinsk, Tyumen and Moscow Provinces, in Russia. According ...
View ArticleStockmann Group to sell Nevsky Tsentr shopping centre
Stockmann Group of Finland is offering for sale its Nevsky Tsentr shopping centre in Nevsky Avenue (100,000 m2 of total area) in the centre of St. Petersburg. According to local media, ...
View ArticleRio centre opens in Saransk
Tashir, a development company, opened a Rio shopping centre in Saransk (in the Republic of Mordovia) on 24 November 2012. This is the 25th shopping centre operated by the company. ...
View ArticleLuna Park up for auction in Kostroma
The Russian Auction House (RAD) is to offer the buildings and land sites of the Luna Park shopping complex, located on Galichskaya Street in Kostroma. The lot includes two land sites, ...
View ArticleAkvarel centre to open in “New Moscow”
Shcherbinka, a town which, since 1 July 2012, has become part of the “New Moscow”, will see the opening of the new Akvarel retail complex in Q1 2013. Developer IM Company ...
View ArticleTashir: investments in Raykin Plaza $140m
Russian development group Tashir has announced that their total investments in the Raykin Plaza shopping and cultural centre in Moscow will amount to $140m. The centre, located ...
View ArticleFormer Torgovy Kvartal co-owner launches new development project
The ex-President of the Torgovy Kvartal grocery retail network Dmitry Zotov has founded a new company under the name Base Property Group. The new development structure is involved ...
View ArticleLargest shopping centre in Novokuznetsk to open in 2014
The largest shopping centre in Novokuznetsk (Kemerovo Province) is to operate on an overall area of 150,000 m2 under the Planeta name. The anchor tenants will include a grocery hypermarket, ...
View ArticleSt. Petersburg: 95% of street retail premises occupied
St. Petersburg's street retail space market has just a 5% vacancy rate, accoring to ARIN real estate agency. It was also reported that such a low rate leads to a fast growth in rent ...
View ArticleAlmaz mall to open in Chelyabinsk
A new shopping centre is being constructed on the Kopeyskoye motorway in Chelyabinsk. Almaz is to open in 2015 and is expected to become the largest shopping and entertainment centre ...
View ArticleAzbuka Vkusa to develop small shopping malls in Moscow and Leningrad Provinces
Azbuka Vkusa, a premium class grocery retailer, is planning to build 15 shopping centres in the Moscow and Leningrad Provinces within the next five years. Each will cover up to 4,000 ...
View ArticleYekaterinburg’s Globus mall to open after reconstruction in Q3 2013
The first stage of construction of Yekaterinburg’s new Globus shopping centre is due to begin in the Chkalovsky district of the city in Q3 2013, after the redesign and reconstruction ...
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