The Seventh Urals Investment Forum was held near Miass on the Turgoyak lakeside in December 2007. The investors invited to the forum could see with their own eyes how attractive the Chelyabinsk region is. Lake Turgoyak, within the Miass municipal district, is called “The Pearl of South Urals.” Its unique location favors the tourism business. […]
The liquidity deficit currently affecting Kazakhstan’s financial sector has had a significant impact on the country’s real estate market, with the retail sector particularly affected. Investors have begun exiting the developing market, while rating agencies are lowering the country’s sovereign and corporate credit ratings.
Although it was predicted in the last century that cinema as an art form would disappear and be supplanted by television, it is now possible to confidently state that despite the advancement of home entertainment technology, going to the movies still remains a popular pastime. As such, it is no surprise that the construction of […]
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 […]
The main sectors of the Perm real estate market have entered the stage of robust development. The Perm Territory boasts developed industries and large-scale export-oriented concenrs, which, coupled with high purchasing power of the local population, makes it a very attractive region for various commercial developments.
Vyborg is one of the largest cities in the Leningrad Region. However, the commercial real estate market of the former capital of western Finland has not developed enough to allow the city to lay claim to the position of an international business center on the Russian and Finnish border.
The capital of Karelia, Petrozavodsk, is not only of interest to tourists today, with their boats, fishing poles and cameras. Indeed, the flagmen of commercial real estate, retailers, have begun active development in the city. However, although the municipal authorities welcome investors with open arms, according to market-specialist estimates, the city’s attractiveness is decreasing because […]
For a number of years, the most common type of warehousing real estate on the Russian market was the re-profiled factory shop – cold, dusty, and populated by loading dock workers in quilted jackets probably a little too thin to keep them warm. Such facilities are still in use today, of course, but now this […]
The Novosibirsk market of commercial real estate rouses the interest of both local, national and multinational players. Developers duly appreciated the stable growth of prices and market potential. Large-scale projects are being implemented in all real estate segments. Shopping and retail-entertainment centers ensure maximum yields but experts point out that warehouse and hospitality complexes also […]
The commercial real estate market of Krasnodar is notable for two main characteristics. First of all, local developers of retail properties are better at building entertainment centers than their colleagues in other regions. And, secondly, because of the upcoming Winter Olympics of 2014 hotel construction is switching into high gear.
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 […]
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.
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 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, […]
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 […]
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 […]
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 […]