Wednesday, June 6, 2007
Residential Investment Rating Downgrade for Moscow, Russia
Moscow property prices are now among the highest in Europe, at from US$10,700 to US$20,500 per square metre in the key areas of central Moscow where the elite and foreigners live.
Tuesday, June 5, 2007
Commercial Property Investment Rises 38%
Investment reached $682 million last year and "the trend will continue in 2007," said Peter Hensby, senior consultant for capital markets at Jones Lang LaSalle in Russia. The country has "a low share of free space, a lot of planned projects and the business climate is improving."
Sunday, June 3, 2007
Hilton set for big push into Russia
Hilton hotels group is to announce plans for a big expansion in Russia and Britain with the development of about £800m worth of new properties across both countries.
Friday, June 1, 2007
Moscow property investment warning
The case for investing in property from Moscow Russia has taken a blow after The Global Property Guide who advises international real estate investors branded it too expensive. Moscow property prices are now among the highest in Europe, at from US$10,700 to US$20,500 per square metre in the key areas of central Moscow where the elite and foreigners live
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