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04.02.2010
According to Jones Lang LaSalle Hotels the hotel investment volume in Europe, Middle East and Africa (EMEA) fell to €2.9 billion in 2009, reflecting the lowest volume of transactions since the late 1990s and a drop of 63% compared to 2008. While 2010 is expected to remain challenging, by the year-end investment volumes could increase by almost 40% on the 2009 volume and reach €4.1 billion, driven by improving economic conditions, gradually strengthening investor confidence and an increase in stock on the market.
![]() 07.10.2009
Olga Baranova, PR Manager, Utkina Zavod A Master Plan is a concept that has only recently become widely employed by Russian developers but has firmly established itself. It's hard to imagine a soviet architect sweating over computations on traffic simulations and worried about the efficiency of leasable surfaces. The market dictates its terms and practically any construction project requires raising additional funds. Nice words are not enough for an investor, he wants guarantees, precise numbers and reliable estimates. And this is where the Master Plan comes into action. ![]() 05.04.2010
19.03.2010
26.02.2009
Hong kong and tokyo overtake london in global ranking of the world’s most expensive office locations
London has lost its status as the world’s most expensive office location for the first time in nine years. According to the new Office Space Across the World 2009 report from global real estate advisor Cushman & Wakefield, Hong Kong and Tokyo are now the world’s two most expensive locations relegating London to third place. The cost of occupying a prime square metre of office per year in Hong Kong now stands at ?1,743.
![]() 29.01.2009
The last three years have been a time of prosperity for the land market in the Moscow Region, as indeed was the case for the entire real estate market. Looking at how the land market reacted to the economic turmoil in Russia, can we continue considering land as a reliable strategic investment instrument, and what will happen to the land prices in the coming year – to those questions, as to many others, we still have no clear answers.
![]() 04.03.2010
13.04.2009
13.04.2009
13.04.2009
15.09.2008
The Ministry of Economic Development published some information last August, according to which, taking into consideration inflation, the real incomes of Muscovites decreased in relation with the previous year. Furthermore, according to data from the Federal State Statistics Service, foreign investments into the Russian economy in the first half of 2008 decreased by almost one third year-on-year. The conflict with Georgia is not helping any either, and Russia’s image as an investment target could change for the worse. How will the capital’s consumer market react to these factors and consequently Moscow’s commercial real estate?
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