After a hugely successful 2013, expectations are high for the real estate sector in the Russian cities of Moscow and St Petersburg. However, unlike previous booms in the country, this particular building frenzy is largely being driven by foreign companies drawn in by Russia’s rapidly growing middle class.
Read The rush to cash in on Russia’s real estate boom on fDi Intelligence.
Similar Posts:
- The Crimea: Already The Next Hot Real Estate Market? (MT)
- Old Russia Hands’ Poll: Where Will Russia’s Economy Be in 5 Years? (MT)
- What Russia Sanctions? IBM East Europe/Asia Signs the First Contract at the St. Petersburg International Economic Forum (ITAR-TASS)
- Who Are Russia’s Middle Class? Some Facts and Figures (MT)
- Russia as Golf’s New Frontier (WSJ)
- FATCA Fallout: Russia’s #2 Bank VTB to Stop Servicing Russia-Based US Clients (MT)
- Russia’s EU Food Ban a Blessing in Disguise for Shipping Companies (MT)
- Russia Moves Up 11 Places in the Global Competitiveness Report (MT)
- What Russia Sanctions? Russia’s Rosneft and BP Sign Long-Term Oil Deal (MT)
- Private Equity Group Blackstone to pull out of Russia (FT)
- Russian Stocks Are Trading Cheaper Than Half of Their Book Net Asset Value (MT)
- Russian Equities are at “Too Big a Discount” (CNBC)
- Sanctions Will Impact Russian Arctic, Deepwater & Shale Oil Exploration (FT)
- Russia Pivoted East to Asia 800 Years Before Obama (MT)
- In “Targeted Sanctions,” Putin Spanks Obama at a Russian Art Gallery (Reason.com)
