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.

When discussing an IPO, many people mistakenly believe that the value of a company’s shares depends exclusively on said company’s financial indices. Indeed, these same people neglect to consider that each shareholder is first and foremost a person to whom an approach should be found. Moreover, the skill of properly …

When investing in commercial properties in St. Petersburg and the Northwest, Western and Russian companies expect a yield of around 8-10% per annum. In the opinion of financial consultants, the office space market is most dynamic, followed by the industrial and retail segments.

Many of the trends that we have observed over the past 20 years on the Asia-Pacific real estate market are now being repeated in Russia. The scenarios for development of real estate in Korea, Singapore, and China have a great deal in common, but there are still constrasts to be …