The management market in our country is very young, dating back to 1993. Since that time we have seen tremendous steps forward, but there are still plenty of niches left to fill. Specialists, at any rate, are certain: this situation will change soon. In time the market for Russian management companies will stabilize and saturate.

Kazakhstan’s retail real estate market has reached a new stage in its development: the arrival of solid market players with impressive track records of completing well-designed and professionally organized networks of retail complexes. Their appearance has raised the level of professionalism on Kazakhstan’s market, and as a result, the country’s developers are starting to focus […]

Commercial real estate has been an attractive market for many years, and not just for large investment and development companies but for private investors as well. As a rule, larger properties are inaccessible to the smaller market players by virtue of the price, leaving them with the street retail sector and other smaller ventures requiring […]

Any proprietor wants to know if his property – his shopping center, office complex, or warehousing installation – is helping to bring in the maximum possible income for its tenants. Is everything running the way it should? Management must demonstrate a certain amount of ability and professionalism in creating a stable and economically viable situation […]

As the number of retail and office centers constructed in the Urals region increases, the contrast between successful and unsuccessful projects becomes increasingly more distinct. The sector players themselves cite a respective building having many owners – who are unable to reach a consensus on said building’s operation and development – as oftentimes being the […]

Standardizing the services of management companies has been a topic of discussion for some time now at professional conferences and forums and in the specialized mass media. However, the issue has been spinning in its tracks, with the likely culprits being a young management market, demand dominating supply and the lack of a legal foundation. […]

Experts agree that the future of the commercial real estate market belongs to management companies, as the strategies implemented to manage a facility directly determine its profitability. Not wanting to fall behind, regions in the Urals have established a management company market for both major national projects and regional authorities. However, as of now, a […]

Over time, the cost of operating a real estate facility can become comparable to the very cost of the building’s construction. As a result, there is a widespread discussion currently running among experts and operators concerning ways to optimize expenditures. CRE has decided to jump into the ring to discuss this topic. With the assistance […]

In the world of Russian commerical real estate, a management company is a strange and misunderstood concept, as it contradicts the prevailing view that one should keep “one’s own shirt nearest to one’s skin.” Many still believe that a property should be managed by its owner and no one else. However, leading players in the […]

Trusting relationships between owners and management companies on the retail real estate management market are very rare occurrences. Indeed, the overwhelming majority of owners maintain their own facilities independently. On one hand, the complete lack of an outsourcing culture in Russia is to blame; but, on the other hand, it would not be fair to […]