|Moscow Office Summer Market Update|
The Russia’s economic growth slowed down in the beginning of 2006. However, in March this year it reached the level of 2005. In the first quarter of 2006 GDP growth rate equaled to 4.6% year-on-year. Inflation rate for the first quarter of 2006 amounted to 5%, which is a bit less compared to the same period last year (5.3%). / Source: DTZ Zadelhoff Tie Leung
|Moscow Property Market Update|
According to forecasts by the International Monetary Fund, Russia’s economy is likely to expand by 6.5 percent this year. Annual inflation fell to 9.4 percent in May, easing to the slowest pace in almost eight years as the ruble strengthened, signaling the government is on track to contain growth in prices... / Source: Noble Gibbons
|Property Market: II Quarter 2004|
The Economic Development and Trade Minister announced that GDP grew by 7.4% in the first half of this year. Average GDP growth from 2005 to 2007 is expected to be 6.2%. As a key economic driver of job growth, GDP trends indicate a continued demand for international quality office, retail and warehousing space. / Source: Noble Gibbons
|May 2004: Office & retail market|
Seasonal Russian holidays in the beginning of May caused the slowdown in business activity in Moscow – take up reduced by 20%, while rental rates in the main business districts of Moscow remained stable or declined compared to the previous month.
/ Source: Stiles & Riabokobylko
|Retail Market Profile Moscow 2004|
Economic performance in Russia was strong in 2003. Economic growth was driven mainly by private consumption, investment and high world energy prices. Construction of shopping centers is booming and the development pipeline for 2004-05 accounts over 900,000 sqm GLA. Total GLA of quality shopping centers ... / Source: Stiles & Riabokobylko
An investment in real estate can bring greater returns than any bank deposit
Real estate is quickly becoming an important asset class, along with equity investments, and outstripping bank deposits, as investors in Russia look to boost their income.
/ Source: Russia Journal
|Market Ends 2002 With Series of Firsts|
Construction cranes fill the skies in and around the capital as the real estate market, and more specifically, its retail sector, continues to boom.
Investors ended 2002 on a confident note, with a series of daring projects completed -- the largest shopping mall in Eastern Europe, the city's first Western-style business park and its first water park -- and one of the country's largest foreign investments launched, a $400 million South Korean and Japanese venture between the Arbat and Novy Arbat.
/ Source: The Moscow Times