Market news.
Dear readers,
Welcome to the "Real Estate Market News" section, where we share key events and analysis in the commercial real estate sector of Kazakhstan and the CIS. The content is prepared by experts and will be especially useful for property owners, industry professionals, and management companies.
Articles
Dining Out in Georgia Has Become More Expensive: Restaurant Prices Up 11% Year-on-Year
17 July 2026
Price increases also affected the most popular dishes of the national cuisine.
Three logistics centers worth $900 million to be built in the Tashkent Region
15 July 2026
The project envisions the development of an international logistics hub that is expected to be commissioned before the China–Kyrgyzstan–Uzbekistan railway becomes operational.
Small expands new store formats and strengthens SPAR's presence in Kazakhstan
14 July 2026
Today, Small operates in 16 cities across Kazakhstan and, according to the company, serves approximately 7.5 million customers each month.
Kazakh Brands Relocate Production Abroad Amid Industry Challenges
13 July 2026
Some Kazakh manufacturers of clothing and accessories are relocating their production facilities to other countries while keeping business management and sales operations in Kazakhstan.
Uzbekistan's Retail Trade Turnover Increased by 20.7% in the First Five Months
9 July 2026
Small businesses continue to account for the largest share of retail trade turnover at 81.5%, while large enterprises make up 18.5%.
From Workspaces to a Business Ecosystem: The MAAK Space Case
8 July 2026
Experts note growing demand for serviced offices among small and medium-sized enterprises (SMEs), technology companies, and international organizations.
Digitalization of Cafes and Restaurants in Kyrgyzstan Increased Tax Revenues by 60%
3 July 2026
To date, more than 95% of food service establishments in Osh have been connected to the digital system.
Russian retail chain VkusVill announces closure of its stores in Kazakhstan
2 July 2026
However, the brand is not leaving the country entirely — its products will continue to be available through online marketplaces and partner retail chains.
EDB and Griffin Partners Launch a Class A+ Warehouse Complex Project
1 July 2026
Their first joint project will be the construction of the Griffin Logopark Almaty, a Class A+ logistics complex with a total gross floor area of 125,400 sq. m.
President Tokayev Invites Zara and Massimo Dutti to Establish Manufacturing in Kazakhstan
30 June 2026
The key topic of the meeting was the President's proposal to consider localizing part of the textile manufacturing for the group's brands in Kazakhstan.
Major Office Lease: Allur Rents Space at Trapiche
26 June 2026
Allur has leased 2,200 sq. m of office space at the Trapiche Business Center in Almaty.
Fashion Brand CHARUEL to Open a Store at Dostyk Plaza
25 June 2026
The new 277 sq m store will become the brand’s second location in Almaty. The opening is scheduled for July 2026.