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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
By Howard Amos
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 RetailBy Alec Luhn
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.
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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.
The Moscow Times Recommends
Classifieds
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Shopping malls take on new formats, and the regions attract retail space
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