Legal authorities clarify the law on leasing future buidings, which may allow parties to agree a tenancy during the construction process without the need for an intermediate "ageement to conclude an agreement".
The partial collapse of the Cyprus banking sector may have a growing impact on commercial real estate prices, and not only on the island. Experts say returns will be affected by changes to the domicile or tax treatment of holding companies and deals should reflect that.
St. Petersburg is to develop a new artists' and creative quarter, on New Holland Island. Temporary summer events are held on the island each year but from 2014 it will be transformed into a cultural hub to rival those in other major cities around the world.
The new logistics center of French tire maker Michelin in Davydovo, south of Moscow illustrates how global producers are focusing on growing markets like Russia, even while they reduce production in mature markets.
Travelators and psychographics could hold the key to understanding the Russian market, according to one global CEO who should know. Glenn Rufrano, president and CEO of Cushman & Wakefield, has an executive background that ranges from compiling Class A portfolios to managing retail centers.
Climbing and curving their way skyward, the fantastical towers in the Moskva-City business district have long been exclamation points in Moscow's flat skyline. Emerging from the capital's western section, the district literally punctuates the city with glass skyscrapers reaching more than 50 stories.