Archive for March, 2008

Samara: Struggling for Quality

Experts estimate today’s Samara market of commercial real estate as stable. In their opinion, this can be explained by the glut in its most popular segments, such as retail. Under the current conditions the main potential of market development is realized in the quality realm. The only question is whether today’s Samara is capable to […]

Offices above the Arctic Circle

Murmansk’s commercial real estate market has just begun to take off, as over the past few years, local businesspeople have been the main players on the market. Moreover, although national and foreign investors are showing an interest in and coming to the city, this activity has thus far been limited to retail.

Market Report: Moscow Shopping Centers

A seasoned observer of Russia’s retail real estate market knows that the country has been experiencing economic growth across the board over the past several years and this factor has influenced positively the country’s citizens. Even though overall prosperity may not seem apparent in mid- and small-sized cities, the buying power of Moscow’s population is […]

Izhevsk Rides a New Wave

Izhevsk is a city in the midst of what has become known as the third development wave. Despite its close proximity to Kazan, its well-developed metal manufacturing sector and its population of over a million, developers and investors are only now starting to get interested in the city. A year and a half from now, […]

Moscow Industrial Real Estate Report

New production complexes as well as a large number of Soviet-era factories and plants today can be considered industrial real estate. Moscow, which for a long time was an industrial city, today is ridding itself of its industrial heritage and is undergoing a restructuring, as enterprises are being moved from the city center to vacate […]

Overview of Moscow MixedUses

The juxtaposition of several functions within one property is a developer’s way to diversify risks and lengthen a property’s life cycle. However, the failure of one of these components may jeopardize the entire complex. Granted multiple uses are a timesaving alternative for the consumer, who may shop near the office or work at the place […]

Overview of MiddleClass and Upscale Hotels

St. Petersburg has a lot of landmark destinations to offer its guests: the Hermitage, Peterhof, drawbridges, white nights, etc. Nevertheless, tourism is still lagging in the northern Russian capital, and both the city administration and tourism managers are struggling to remove a number of hurdles barring the tourist boom, the most major of which is […]