One of the most remarkable trends of the outgoing year has been business addressing the arts. This means not only traditional patronage and the attendance of trendy performances. After a long break, firms are underwriting the building of stages and concert halls in St. Petersburg. Some developers are even including …
Diversity of methods of investing into real estate (purchasing completed real estate constructions for various purposes; purchasing of land lots for building and without the purpose of immediate building; purchasing title for real estate; investing into shares of the companies which own and manage real estate; investments into investment funds …
There are a range of specific problems which many companies come across when investing in property. In particular, a problem which teachers at the Property Investment Institute in Chicago (CCIM) call ‘informational inaccessibility’ of the market. Fairly often, specialists give contradictory information about the market. So, on what grounds can …
Elsewhere in the world, re-financing is a common practice in commercial real estate, but in Russia it largely remains an alien phenomenon. While their western colleagues have long learned to take full advantage of this instrument, for Russian developers it is still uncommon. However, with the entry of large Western …
Credit consulting, one of commercial real estate’s consulting services, is recently coming to life in Russian under the name “credit brokerage” and is becoming evermore popular. The emergence of a new type of service is determined by the level of development of the financial and commercial real estate markets and, …
It’s a common occurrence for developers to obtain land, receive planning permission and start on preliminary and even construction work before thinking seriously about financing. As a result we often come across interesting and formerly promising projects that have now become longterm endeavors due to the negligence of developers who …
In our previous column we listed the main types of financing for development projects: direct financing, obtaining funds on the open market and bank loans. This time we will examine one of these options in more detail – bank loans. However, instead of opting for the more conventional approach of …
Ten years ago, few would have imagined that Russia would become the focus of international real estate investment. Today there is little doubt that Russia has made a qualitative leap forward, securing a place among the world’s leading markets.
Over the last five years Russia has made a steady climb upwards. …
It’s a common occurrence for developers to obtain land, receive planning permissions and start on preliminary and even construction work before thinking seriously about financing.
As a result we often come across interesting and once promising projects that have now become long-term endeavors due to the negligence of developers who didn’t …
The booming regional markets are causing developers of commercial properties to weigh the attractiveness of a particular place for investors more carefully. This article will recount the initial estimation procedure used to assess the potential of any city in terms of investment attraction and to describe primary development criteria.