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Next Issue Monday
13 September 2010
Featured Events
- CoreNet Global Summit
27-29 September 2010
London, UK
- Commercial Real Estate Finance Council Europe
25-26 October
London, UK
- MAPIC 2010
17-18-19 November 2010
Cannes, France
Russian RE investment dominated by domestics; no rebound yet - Cushman partner
The Russia real estate investment market, which came to a halt in the fourth quarter, showed some movement in 1Q09, although international buyers were almost entirely absent. However more realistic recovery expectations are emerging, and Russia will be on a faster recovery track when the global market rebounds. "As banks and real estate owners come to realise there are no quick solutions .. more realistic expectations on recovery strategies come into play," said Olga Rudenko from Cushman & Wakefield Stiles & Riabokobylko.