The development of the real estate market is of course directly linked to the development of the land market. Well thought-out legislation, transparency and cooperation from local authorities enable the developers to focus on the actual task at hand. In Russia this type of ideal business environment is still a long way off but in […]

Not a single large property emerged on St. Petersburg’s hospitality market in 2007, though many investors announced future plans for development. Meanwhile, a record-breaking number of properties are preparing to enter the market in the years 2008 and 2009. At the moment, 137 projects with more than 11,000 rooms are in various stages of completion.

The insurance sum – the amount which the insurer is obliged to pay out in the event of a successful claim – is a fundamental element of any insurance agreement. What does it depend on and how is it calculated? Russian legislation does define a base amount; however, the final decision rests with the policyholder […]

The real estate market handles large volumes of investment and accordingly, there are sizeable consequences for potential losses. An optimal and civilized way of minimizing risk at all stages of a building’s serviceable life is through insurance.

As part of this column, we have already discussed the nuances of insurance, such as which forms are in demand on the commercial real estate market, how insurance premiums are calculated, how the amount of an insurance claim is determined, etc. In this issue’s article, CRE has decided to find out what end users think […]

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 […]