|
Sections |
| Title | Starting Page | Number of Pages |
|---|
| Residential real estate | 3 | 2 |
| Office real estate | 5 | 2 |
| Retail real estate | 7 | 1 |
| The Russian market of retail property is supported by the development of retail trade as purchasing power in Russia is increasing through the economic upbeat of the country. In mid-2008 there was healthy demand for prime real estate in high streets. The gr | 7 | 1 |
| In the first quarter of 2008 the total supply of retail space in the capital Moscow increased by 114,000 sq m and by mid-2008 the total stock of retail space was 3,547,000 sq m. By the end of the year 20 new shopping centres are to be completed. The intere | 7 | 2 |
| Residential real estate | 9 | 1 |
| Housing construction is expected to mark a high growth in 2008. Russia's deputy minister for regional development announced in August 2008 that completed residential units rose by 2.9% on the year to 21.7 million sq m. However, growth rates of constructio | 9 | 1 |
| A total of 50.6 million sq m of new residential space was completed in 2006, an increase of 16% year-on-year and over 66% compared to 2000. The average marketing price of new dwellings stood at USD 1,500 per sq m. | 9 | 1 |
| The prices of residential property in the Russian cities with a population of over one million increased by around 30% in the first half of 2006. Apartment prices in Moscow rose by 50.5% to USD 3,359 per sq m in the first half of 2006. According to industr | 9 | 2 |
| In 2007 the tough competition and lack of high-quality retail space in Moscow led to a rental price hike. The market was also influenced by the entry of large hyper- and supermarket chains such as Carrefour. Major developments also occurred in the clothing | 11 | 2 |
| Finnish YIT is the largest foreign investor in residential construction in Russia. The company's construction unit had an operating margin of 11.3% in the first six months of 2006. YIT targeted a 10% market share in St Petersburg, 5.0% in the Moscow region | 13 | 7 |
| Experts forecast supply of office and hotel real estate to continue lagging behind demand, especially in large cities, due to a lack of suitable sites. | 20 | 1 |
| Experts forecast rapid retail development to continue in Russia's big cities over the next few years and the quality of facilities is expected to increase. | 20 | 4 |