In spite of cold weather and gloomy skies, the business season has opened with more activity on the real estate market than many expected. While the supply of new commercial space remains stable and low, tenant activity is moderate to high, which is higher than expected.
Moscow is the most expensive city in the world for the second year in row. According to the yearly rating by Mercer Human Resource Consulting, Moscow is 34.4 percent more expensive than New York. How accurate is this rating?