The Russian real estate market attracted a record investment of $4.2 billion last year. With the global financial crisis wreaking its havoc, however, the market has dramatically slowed. Some projects have even been put on hold. So part of the conference will be devoted to the Russian market.
Another section will focus on international markets, particularly in Panama, Thailand, Bulgaria and the UAE. The moderator Pier Cassani was keen to point out the similarities between Russia and these countries.
"Both the UAE and Russia are promising markets in terms of real estate development," he told The Moscow News.
Russian developers already enjoy a major presence in the Middle-East. Dawood Al Shezawi, managing director of Strategic Marketing and Exhibitions, appeared confident this will strengthen.
