... has led to the influx of young specialists without families. Thus the largest portion of requests is now concentrated in the segment of two-room apartments. In contrast, the demand for large apartments has decreased 50 percent. Demand In Q1 2012 the rental market still shows high activity by potential tenants. Quantitative demand indices are 17 percent higher than the average figures recorded during the same period in 2011. In March, demand increased by 13 percent in relation to the figures recorded...
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Main Trends in the Moscow Elite Rental Market in Q1 2012
Kyrgyz Says Fate of U.S. Base Not About Money
The president of Kyrgyzstan says keeping the U.S. air base in his country beyond June 2014 depends on how developments in Afghanistan affect regional stability as well as increases in rental payments. BISHKEK, Kyrgyzstan — The president of Kyrgyzstan says keeping the U.S. air base in his country beyond June 2014 depends on how developments in Afghanistan affect regional stability as well as increases in rental payments. Almazbek...
Real Estate Prospects in Russia Promising
... degree. Historically, one of the most significant global factors to influence Russian economic confidence has been the price of oil. While real estate is not quite so volatile, there is a good correlation between oil price movements and real estate rental rates. Clients of Deloitte are certainly showing greater confidence in real estate following the market's decline between 2008 and 2010. The number of commercial real estate transactions in 2011 reached $8.1 billion, comfortably overtaking pre-crisis...
Regional Retail Market: Next Stop for Real Estate Investors in Russia?
... landmark development in cities of half a million people and attract a lot of positive attention from both the local mayor's office and your future shoppers. In projects we help develop in cities like Bryansk and Ryazan, we see that, though at inception rental figures are relatively modest, retail business there has a healthy upside through the turnover rents and indexation and benefits from continuous growth of disposable income of the population. As a result, developers and investors get not only attractive...
Religious-Themed Art Show Sparks Protest
... city authorities in Novosibirsk cut electricity to a former airport building that served as a hall for another modern art exhibit Gelman had staged, called "Rodina," or homeland. He also received a letter from the hall's owners, annulling the rental contract and ordering the show out. 179695 179742
Time Is Running Out to Rent a Dacha
... Short-term leasing of property involves more risks than long-term leasing, since tenants living in a cottage for just a few months tend to treat it less carefully than those staying longer. "Tenants will have to cover those risks by paying a higher rental rate," Zhukova said. For example, in Malakhovka, 10 kilometers southeast of Moscow, a cottage offered at 50,000 rubles a month for the whole year will cost 60,000 rubles a month to rent during the summer season, she said. 387051 179742
Making Money With Today's Retail Model
... now the right time to invest in cities in the regions? Yes, if you don't want to be late! The rent levels in shopping centers are directly related to the revenues of the retailers in the complex, a relationship that leads to an automatic increase in rental income in case retailers' revenues increase. Investments in shopping centers are probably some of the most inflation-proof assets in the commercial real estate segment. And that makes them especially attractive in today's market. 458356 436941
Activists Score Victories in Preservation War, But More Battles Ahead
... suggested by Norwegian preservation expert Terje Nypan. During the auctions, investors bid for 49-year leases to historic mansions, houses and estates owned by the city's property department. The winners are those companies or people who offer the highest rental rate per square meter per year, with the starting bid not less than the market rate, according to the regulations posted in January on the website of the Moscow Department of Cultural Heritage, or Mosgornaslediye. Winners have up to five years...
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