Real Estate


Q2 2014

Foreign Investors Get Jitters Over Ukraine Crisis

  • May 21, 2014
The possibility of U.S. sanctions on Russian banks is the key threat to a real estate sector that is already under pressure from a weakening economy and ruble devaluation in the wake of the Ukraine crisis.

Residential Market Brisk For Developers, Buyers

  • May 21, 2014
The residential market is proving resilient in the face of a slowing economy and may even offer some advantage compared to other investments at home and abroad.

Retailers Cultivate An Individual Look To Attract Shoppers

  • May 21, 2014
Changing displays in shopping centers are not simply a colorful backdrop to the weekly supermarket run. They are part of a tactical battle for the eyes and minds of customers.

Ecology And Sports Help Draw Custom

  • May 21, 2014
Atrium shopping center has made ecology part of its image, from displays of nature to recycling, says Vladislav Stefansky, Atrium strategic development manager.

A Selection of News and Topical Views

  • May 21, 2014
Sochi Site Maintenance Estimated at $7 Billion Over Three Years; PNK Builds Own Components; Architect Says FIFA Projects Headed for Trouble; Lenta Launches IPO.

Energy Efficiency And The Industries Of The Future

  • May 21, 2014
The rapid spread of computers has changed the world of business over the past two decades. Consumers products became better and cheaper. 'New and improved' was not just a marketing slogan.

Building The Warehouse Market For The Long Haul

  • May 21, 2014
As an international real estate developer Ghelamco has made its way to Russia, via Poland, from its roots in Belgium, where it began in 1985 making pre-cast concrete, which it still does from a factory in Ypres.

Reinventing The Big Box As Clients Move Beyond Storage

  • May 21, 2014
PNK is the biggest of the Russian warehouse developers and the most active developer in Russia's regions. Compared to most international warehouse developers, PNK follows its own strategy with a strong focus on domestic clients. It recently put into full production its own plant for prefabricated building components.

Group Fights To Save Wooden Heritage

  • May 21, 2014
As the St. Petersburg authorities discuss how to attract more tourists, campaigners win the Governor's ear in their battle to save the city's historic wooden mansions.    

News from the Northern Capital

  • May 21, 2014
St. Petersburg has suffered a fall in tourism in the first quarter of 15 to 20 per cent due to the cancellation of trips by Americans and some Europeans. Leonid Flit, chairman of the management board of the North-Western regional department of the Russian Tourism Industry Union, linked the cancellations to recent events in Ukraine. However he expects tourism to revive in June.

Wealth Gap Makes Pricing Of Private Toll Roads A Tricky Proposition

  • May 21, 2014
Private contractors can help governments establish who will benefit from new infrastructure, who should pay and how. The calculation is especially challenging in Russia because of large differences in people's wealth, says Vincent Piron, President of Piron Consulting and a specialist in the economic analysis that can deter­mine which projects best suit Public Private Partnership contracts.

Acquiring Property In Moscow For A Diplomatic Mission

  • May 21, 2014
Registering ownership of a property is challenging for any owner, Russian or foreign. But when the owner is a foreign state, the situation becomes both complicated and unclear. Diplomatic missions need advice before they go shopping for real estate.

Mid-Term Trends In The Industrial And Logistics Market

  • May 21, 2014
Increased activity by developers, along with downward pressure on the economy, have alread resulted in some reduction in rental rates.  The market may be approaching the first stage of saturation.

Can Russia Still Lead Real Estate Investment In CEE?

  • May 21, 2014
While Russia has higher risk factors, real and perceived, this is priced into yields, writes Damian Harrington, Regional Director of Research for Eastern Europe, Colliers International.

Germany Offers Blueprint For Energy Use

  • May 21, 2014
Russia's power supply structure needs a fundamental overhaul. One solution could be German-style energy co-operatives, which  have invested 1.2  billion euros in solar, wind and biomass power.

Moscow Needs Flexible Approach To Food Market

  • May 21, 2014
Moscow would be wrong to simply copy the famous Rungis food market outside Paris. That's according to Rungis Consultant Coordinator, Mayeul Nicolas. He told Mark Gay that Russian authorities should adapt their proposed wholesale market to local conditions — and not forget to improve transport links to Russia's agricultural regions.

Appointments

  • May 21, 2014
Q2 2014
Q2 2014
 — Reinventing The Big Box As Logistics Evolves
 — Retailers Cultivate Individual Image
 — Foreign Investors Get Jitters Over Crisis
 — Setting A Price On PPP Projects