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
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.
Fr om Marketplaces to Artificial Intelligence: Wh ere Is Kazakhstan’s Retail Sector Heading
24 June 2026
Kazakhstan’s retail sector is undergoing an active digital transformation driven by the growth of e-commerce and the rapid development of artificial intelligence technologies.
What is holding back the development of the logistics market in Uzbekistan
23 June 2026
Insufficient digitalization and a lack of modern warehouses remain the main barriers for businesses, according to experts.
Wildberries will build a logistics hub in Astana for 47.7 billion tenge
22 June 2026
The project is planned to be completed in Q1 2027, and the investment volume will amount to 47.7 billion tenge.
Golden Apple Quadruples Its Logistics Capacity in Kazakhstan
22 June 2026
Previously, 8.5 thousand orders were processed per day, and now up to 15 thousand.