Real Estate


Q1 2013

Plan for a Greater Moscow Gains Stronger Residential Flavor

  • March 18, 2013
Developers: urban grid for travel, work and life will bring order to ad hoc sprawl.

Russian Investors Target Turkey

  • March 18, 2013
Turkey has liberalized its laws for international property investors. The law abolishing reciprocity in real estate transactions came into effect in August 2012. Nationals of Russia, China and India were among those who faced restrictions on buying in Turkey.

Investors Resolve Dispute Over Historic Marketplace in Prime Retail District

  • March 17, 2013
The Government of St. Petersburg has backed down on a threat to cancel an agreement under which one of Russia's largest construction companies, Glavstroy, will renovate the historic Apraksin Dvor marketplace.

Appointments

  • March 12, 2013

Financial Innovation Makes Green Buildings Bankable

  • March 12, 2013
Western funds and investors continue to drive energy and environmental efficiency measures in the Russian economy.

Taming the Parking Habits of the Capital's Wild Drivers

  • March 12, 2013
Landlords struggle to overcome curb appeal  as  executives park in the street, leaving two-thirds of corporate spaces empty.

Moscow Land Tax, Rent and Privatization Prices Rise

  • March 12, 2013
Municipal authorities win more time to approve general plans but developers may face delays to change-of-use applications.

Pioneer in Russia says Market is Top Performer

  • March 11, 2013
Hines is a developer, manager and investor whose presence since 1992 spans Russia's modern era of construction and economic development.

Moscow's Best Offices Beat The Financial Blues

  • March 11, 2013
Analysts see some positive impact from Europe's economic turmoil as investors take advantage of low bond yields to satisfy their growing appetite for risk.

Building a Shopping Culture Across Russia

  • March 11, 2013
Developers like Red Square mix entertainment and retail for growing middle class that is ready to spend money.

Chief Architect Takes Moscow Back To The Drawing Board

  • March 11, 2013
Moscow City Hall appointed a new chief architect in August 2012. Passing the baton came at a propitious time, as Mayor Sergei Sobyanin was shifting the focus of the city's planners from one-off approval of construction on disparate sites to something resembling a general plan.

Regional Retail is a Strong Story But Transactions Remain Low

  • March 11, 2013
Local investors show growing interest in developing and leasing but raising  finance is a challenge, with little alternative to bank finance, and few oportunities for joint ventures.

News in Brief

  • March 11, 2013

Moscow Gets A Makeover

  • March 11, 2013
Take the worlds 16th biggest city by population, double its size and throw the urban design out to tender. The dramatic image on our cover this quarter is the vision of French architects Wilmotte&Associes and AntoineGrumbach&Associes who developed the winning design for Greater Moscow.
Q1 2013
Q1 2013
- Moscow's Chief Architect on plans for a big, new city
- Russia versus Turkey as seen by global investors
- Sustainably green: weighing the return on investment