TITLE

Russian property

AUTHOR(S)
Osborne, Simon
PUB. DATE
May 2010
SOURCE
FinanceAsia;May2010, p91
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
The article discusses tumbling of Russian real-estate market and how it recovered from the financial crises. It mentions that the capital markets equivocate about Russian real estate, and the local commercial lending market needs to grow. It informs that hotels were greatly affected during the crisis, with occupancy rates dropping to 55 per cent in Moscow and 30 per cent in Saint Petersburg.
ACCESSION #
82982829

 

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