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24 March 11
A parliamentary center will be built on the site near the Kremlin where the Rossiya Hotel once stood.
01 March 11
Morton Group will invest $500 million in new housing in towns outside Moscow, its CEO has said. The developer selected the towns of Vidnoye and Balashikha, and the residential projects will be financed with company cash as well as borrowed funds.
01 February 11
A decision was made at the last session of the City’s building commission to terminate eight construction projects, a source in the mayor's office told Vedomosti.
18 January 11
Qatari Barwa Real Estate and Gazprombank announced the formation of a real estate fund, which will invest in housing and commercial real estate development projects in Moscow and other regions, with contributions of $75 million each.
21 December 10
The average room rate in Moscow’s world-class hotels decreased by 8 percent to 6,596 rubles ($215) in 2010 because of increased competition and ruble fluctuation, according to a report by Cushman & Wakefield.
19 October 10
City Hall issued an order late last week to stop the construction work under Pushkin Square, and if the investor in the project wants to continue, it will have to reduce the size of the commercial space or eliminate it altogether.
19 October 10
To make room for 10 new deputies, the Moscow City Duma is looking to purchase a third building — possibly the nearby Marine House business center, which could cost $50 million.
14 October 10
State Duma Deputy Vladimir Gruzdev's family foundation will sell its share of food retailer Sedmoi Kontinent to entrepreneur Alexander Zanadvorov, booking a profit on the investment and freeing up funds to build affordable housing in the Moscow region.
17 August 10
One of the largest deals on the Russian commercial real estate market has fallen through as German investment fund KanAm will not purchase the Vivaldi Plaza multifunctional complex located alongside Paveletsky Station.
04 August 10
Oleg Deripaska does not want to lose his stake in Austrian construction firm Strabag ― so he is willing to trade in his Russian assets, such as Transstroi and Glavmosstroi.
27 July 10
PIK Group is planning on selling up to $500 million in shares to pay off debts, the company's board of directors decided Friday.
20 July 10
An unexpected investor turned out to be behind the demolished Hotel Rossiya next to the Kremlin, as well as the unfinished Russia Tower in Moskva-City — Viktor Rashnikov, owner of Magnitogorsk Iron & Steel Works.
15 June 10
A replacement for the shuttered Cherkizovsky Market may appear in the Moscow region, as plans are made for a $600 million, multipurpose wholesale center — possibly the biggest in Russia.
08 June 10
The 4 billion rubles originally earmarked for the so-called innovation city in Skolkovo was just the beginning. Another 110.5 billion rubles ($3.5 billion) has been set aside for the project.
01 June 10
Under the GenPlan, more than 100 million square meters of housing will be built in Moscow over the next 15 years. The Public Chamber has called the urban planning document a "death sentence" for the city, but Mayor Luzhkov has signed it.
29 April 10
The tenants of Moscow region land along Rublyovskoye Shosse who rented the land two years ago for kopeks may lose their rights to it, but no one is making any claims on Roman Abramovich's land.
20 April 10
The construction company is giving the bank 34.5 hectares of land near Borovskoye Shosse, where it had planned to build 460,000 square meters of housing.
15 April 10
The Moscow Region's Federal Arbitration Court repealed two lower-level court decisions in favor of the city's property department against Moskva-Makdonalds, one of the chain's franchisees.
06 April 10
Telman Ismailov, founder of the now-liquidated Cherkizovsky market who drew criticism for building a $1 billion five-star hotel in Turkey, will build almost 10 percent of the hotel space needed for the Olympics in Sochi.
23 March 10
Mikhail Dvorkovich, an adviser to Mirax chairman Sergei Polonsky, said AEON owner Roman Trotsenko had been on the board as an independent director for more than a year, adding that he was invited as one of the market's top anti-crisis managers.
23 March 10
Of the total, $193 million is to banks, including $40 million that is overdue, and the company also owes 1.8 billion rubles in bonds, or roughly $60 million (of which $31 million is overdue), and $236 million in notes (of which $6 million is overdue), the sources said.
16 March 10
Lev Chernoi has turned to property development, with an investment in a 380 million euro ($522 million) apartment and hotel complex to be built on the site of the Mir hotel on Novy Arbat.
03 March 10
Moscow fell from fourth to eighth position in Europe in terms of the cost of hotel stays, said hotel consultancy HVS.
01 March 10
A legal method has already been found to save the houses in Rechnik that are on federally owned land, Vedomosti has learned.
16 February 10
Both VTB and Sberbank are ready to start lending to developers this year, particularly those constructing residential housing, and VTB alone is planning to offer builders as much as $1.2 billion in 2010.
21 January 10
AFI Development is considering the possibility of a premium listing on the London Stock Exchange, the company said in a statement.
18 January 10
A City Hall source confirmed that talks had been held on Nafta-Moskva's acquisition of the company building the Moskva hotel from a city-owned firm, but he was unaware of a deal being reached.
15 December 09
MSM-Invest is building the housing complex on a 7.8-hectare plot near the Gazprom office, at the intersection of Ulitsa Nametkina and Khersonskaya Ulitsa.
01 December 09
The bank will get the future home of an Audi dealership as part of a restructuring.
24 November 09
The developer’s founders are left with a combined 33 percent stake after the billionaire acquired shares through debt.
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