ILM managing partners, Andrey Lukashev and Dmitry Myslin, visited the 30th anniversary exhibition on real estate in Europe - MIPIM 2019 (Cannes, France).
Within the framework of MIPIM, the largest international forum is held, and seminars and conferences are organized on the subject of: investments, mortgages, ownership, organizational and legislative issues. MIPIM 2019 paid close attention to the development of the real estate sector in terms of environmental sustainability in the next 30 years.
For the last two and a half years not a single speculative warehouse has been built in Voronezh. This is evidenced by data from research analysts Skladium.
The Russian real estate market can feel the impact of the ruble depreciation only under the condition that this trend will continue for at least six months, whereas it is not worthwhile to expect an instantaneous market reaction, experts say polled by RIA Real Estate.
American Hines offered for sale a warehouse complex with a total area of about 70,000 square meters in the Moscow region Lobnya, according to Vedomosti. The main reason for disposing of an asset is the completion of the investment period at the background.
The warehouse was purchased in 2011 from AIG European Real Estate Partners for approximately $ 80 million.
Russia has been preparing for the World Cup for eight years. During this time, three modern stadiums were built in Moscow: for Spartak, CSKA and Dynamo. Forbes found out how the economy of each project is arranged and whether they can recoup the investments of investors.
Moscow Duma deputies included in the response to the bill on renovation of the housing stock in Moscow a norm protecting the interests of owners of non-residential premises.
The editor of the decree, the head of the Duma commission on urban economy and housing policy, Stepan Orlov, explained that at the proposal of United Russia, the recall indicated the need to provide owners of non-residential premises in the demolished five-story buildings of equivalent premises or 100% monetary compensation based on the market value of the premises.
Will offices go to the past? Why do you need a consultant in the real estate market? How to get a reputation as an expert in the market when you are a young company? What will happen to the real estate market in the coming years?
Andrey Lukashev, ILM's Managing Partner in the “Risk Limit” program, Mediametrics radio station, talks about this and many other things.
Record by reference:
http://radio.mediametrics.ru/predel_riska/51716/
In spite of the fact that it is still too early to sum up the results of the first half of the year, it is already worth noting that the pace of new construction of office real estate in Moscow remains high. From January to May was introduced 374 thousand square meters. In five months, the total volume of the office space market due to new construction increased by 2.2%. For objects of class A, the increase was 4.4%, for class B - 1.6%. At the end of May, the total market volume of high-quality office space in Moscow reached 17.9 million square meters.
According to the RICS Global Real Estate Survey for the first quarter of 2012, the commercial real estate market in Russia took the lead.
In the list of companies' costs, rent is usually in second place. High rental rates, binding of leases to the euro and the dollar, long-term contracts, inflexible conditions - these are the negative components of leases in the new economic conditions are past. As often happens in Russia, the crisis puts a lot into place and returns acceptable conditions.