According to market experts the construction cost of 1 sqm of built-to-suit is about equal to five years’ worth of rental payments. Moreover, constantly increasing rental rates and market value means that built-to-suit is becoming an extremely financially attractive option for firms seeking new office areas.

Due to the peculiarities of Russian law, which does not permit the alienation of real property until it is officially registered, the use of pre-lease agreements prior to property delivery has become standard practice. The contractual relationships must therefore be set out in the Pre-lease, which should cover all possible …

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.

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 …

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 …