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Last Updated: 02/04/2012
News

Landlords Reveling in High-End Demand

By Olga Solovyova
About 850 high-end apartments were available for rent in Moscow at the end of last year according to industry experts, with more than half of that number costing approximately $6,000 per month.

Experts Say Subsidized Housing Sector Weak

By Howard Amos
The World Bank, the United Nations and the Economic Development Ministry emphasized the potential for developing state subsidized home construction, also known as "social housing," in Russia at a roundtable.
Artyom Sorokin / For MT

Group Seeks Greater VVTs Protection

Architectural preservation group Arkhnadzor has called for the All-Russia Exhibition Center, or VVTs — which they refer to as Moscow's "Soviet Versailles" — to receive increased legal protection ahead of a $1.5 billion redevelopment expected to be approved by city authorities this spring.




Analysis

The Next Evolution in Retail

Steady sales growth and rising competition for consumers has piqued retailers' interest in new mall formats. A wave of outlet centers is on the way, and power centers will follow.  

Insider's View

Hotels Are Heading To Economic Hubs

Multinational hotel chains are planting their brands throughout Russia, and Hyatt is no exception. Gebhard Rainer, managing director for Hyatt International, knows Russia well enough that he can discuss Moscow's Ring Roads and southern Russia's trade. We asked him what Hyatt is up to in various cities.


Architecture

News in Brief

REQ
New Holland Island, a spit of land in St. Petersburg, is experiencing a renaissance as a cultural hub, which is a major change after centuries of military use, decades of neglect and a failed revamp in the 2000s.




Q4 2011

Shopping malls take on new formats, and the regions attract retail space
For office developers, parking wins out
Penthouse market in Moscow matures


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