Analytics
Tuesday, 22.05.2012
Analytics
Tuesday, 22.05.2012|
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Инвестиции
AREIM Creates Second Fund | Инвестиции
The Accent Real Estate Investment Managers (AREIM) investment fund is planning to start a new investment fund and place $500 million into real estate projects. According to Victor Shlepov, CEO of AREIM, the second fund is planned to operate for 5 to 8 years, and investments will be directed into retail, warehousing, and office properties. Unlike AREIM’s first 7-year fund (founded in March 2007), the second fund will also invest up to 30% in construction of residential real estate. Plans are for the new fund to begin operations in the spring-summer 2009.
E&Y Forecasts Cluster of M&A Deals | Инвестиции
Two weeks have passed since the Urban Land Institute and PricewaterhouseCoopers published the Emerging Trends in Real Estate 2009 report (which CRE Global analyzed in our last issue). In it analysts, for the first time since the onset of the crisis, clearly gave 10 anti-crisis recommendations for survival in the real estate market. Last week, Ernst & Young published a similar report where consultants continue discussion of the current state of the real estate market and forecast its short-term development trends.
VTB Gives $500 Million to DON-Stroy | Инвестиции
Within the framework of their existing partnership, DON-Stroy and VTB have concluded a number of long-term loan agreements totaling $500 million at 14-16% per annum interest. DON-Stroy will be directing all these new funds to finish the construction of residential complexes in Moscow, now at different stages of implementation, and plans to repay the loans by 2012.
Crisis in Russia and World Crisis Are Not the Same | Инвестиции
Last week Russia’s top state officials finally acknowledged that the crisis in the country really exists. And this is not a financial crisis, but an economic one. Although just two weeks before PM Putin was saying that there was no sign of a crisis at all, President Medvedev is now stating that the crisis will evidently last longer than expected, “It may take two plus years, and the weakest point is equity investments which may be severely hurt.”
Pioneers of Spa Development | Инвестиции
Given that most traditional and fast-payback sectors in the real estate development business have reached saturation levels, many market players have turned their attention to an area with almost no competition: sanatoriums. The pioneers from the West, who came here to fill this vacuum, are not frightened by today’s economic situation. They believe that the global financial crisis will only give impetus to the development of resort projects, and they do not doubt the investment attractiveness of recreational zones in Russia.
The Market Volumes in Moscow Declines | Инвестиции
Every week analysts at Russian Research Group (RRG) calculate market indicators for commercial real estate transactions in Moscow. For monitoring purposes, only those commercial real estate objects that are offered for sale in the public media are selected. The objects that are monitored are office, industrial-warehouse premises and premises that can be used for any commercial purposes which are priced over $1 million, retail premises priced over $700,000 or premises with the total area more than 100 sq m. The weighted-average price is calculated as the relation of the total cost of the objects to the total area of these objects. Denis Kolokolnikov, CEO, RRG, speaks about the recent market developments in Moscow.
Seattle Ranked Top U.S. Commercial Real Estate Market for 2009 | Инвестиции
A leading U.S. real estate report recently published has ranked Seattle, the largest city in the Pacific Northwest region of the United States, as the top commercial real estate investment market in the country for 2009. However, this is not to say this coastal city has been miraculously immune to the financial crisis that is currently strangling the globe; in fact, like most other markets under the sun, the Seattle market is weaker now than it was a year ago. Simply, it’s just not as weak as other U.S. markets. As the saying goes, everything is relative, and Seattle’s ability to attract leading corporations like Microsoft and reputation as a gateway to Asian trade has led experts to conclude that Seattle is relatively the least bad investment opportunity in the U.S.
We Have Enough Money to Finish All Projects | Инвестиции
An interview with Adrian Baker, Managing Director Russia, Raven Russia Ltd.
Kazakhstan: Stabilization is still far off | Инвестиции
Having started in 2007, the financial crisis continues and has brought negative consequences to the real estate market in Kazakhstan. The exodus of Western investments, lack of funding, a crisis in the banking system, freezing the construction of properties, bankruptcies of small developers - these things we have been observing in the Russian real estate market these past two months also describe the market in Kazakhstan. However, experts note that the commercial property sector has been affected to a lesser degree than the residential property sector.
From salary to salary | Инвестиции
The amount of available jobs has been significantly reduced, and in the next few months this will become even worse. Many companies have stopped hiring, and people are beginning to search for new jobs before leaving their old ones, which also helps increase the number of job seekers. In this correlation, the worker’s market has turned suddenly into an employer’s market, and salary expectations, even for very good candidates, have significantly decreased.
