Real Estate


Q1 2016

A Selection of News and Topical Views

  • March 17, 2016
St. Petersburg will present more than 30 investment projects at MIPIM; Billions for Europe; Radisson Blu Hotel will be built in place of building materials plant; 52 new brands premiered on the Russian market in 2015 and other news.

Investors Keep Their Faith in Real Estate

  • March 17, 2016
Many experts believe that the Russian commercial real estate market has hit bottom. Optimists are taking the opportunity to buy or rent office and warehouse space.

Shopping Center Tenants Will Adjust to Their Customers

  • March 17, 2016
In the long term, the Moscow region will remain attractive for modern retailers, consultants say. But in 2016, developers will continue to bring to market half-empty shopping malls.

39 Moscow Cinemas to Be Turned Into Modern Markets

  • March 17, 2016
In January 2016, the fate of 39 shuttered Moscow cinemas, sold to a private owner a year ago, was decided. Within two years, they will become markets, but with public spaces like restaurants, cafes, coworking centers, shops and culinary schools.

Hold That Tenant

  • March 17, 2016
Openings of shopping centers in St. Petersburg in 2015 reached a six-year low, but the volume of vacant space is increasing. New shops are still opening. Among the most active tenants are fashion operators and food retailers.

Region for Work

  • March 17, 2016
Industrial projects could be a new strategy for development in the Moscow region Ч provided they have government support. Slow payback and an incomplete legal framework are scaring off investors.

Fashionable Old Walls

  • March 17, 2016
Old factory buildings are being successfully transformed into prestigious housing. But their residents may be in for unpleasant surprises.

Germany Protects Tenants' Rights

  • March 17, 2016
German authorities intend to protect the rights of residential tenants. This could have an effect on Russian investors.

Residents Need Support

  • March 17, 2016
More than 120 industrial parks appeared in Russia in less than 10 years, but they are only half-filled. What stops companies from setting up manufacturing on the Russian sites? Unfortunately, the basic problems of the development of industrial parks lie outside the economic sphere.

The Portrait of a Russian Million-Plus City, 2016

  • March 17, 2016
Since the early 2000s, thanks to the general economic rise, the Russian cities have been growing and expanding. The period of "high oil" is behind, and it is high time to draw some interim conclusions. What is the modern regional city, where every tenth Russian lives?

Who Will Survive the Crisis on the Property Market?

  • March 17, 2016
About $3 billion was invested in commercial real estate in Russia in 2015, which is 14 times less than investment in Germany and 27 times less than in the UK market. There are ever fewer people and companies willing to take on the increased country risk.

Seeking New Strategies

  • March 17, 2016
In Russia, demand is falling for all types of real estate. Developers need to change their strategies Ч or retrain to be building superintendents.

Appointments

  • March 17, 2016
Q1 2016
Q1 2016
 — The Russian real estate market converts to rubles
 — Trade and entertainment in Soviet movie theaters
 — How to spur development of industrial parks
 — Old factories turned into trendy apartments