Exhibitions
MOSCOW. (RIA Novosti economic commentator...
with other continents. Its estimated returns exceed profits from international and European securities, as well as from U.S. real estate and securities. Experts predict that capital movement will change, too. Instead of direct investments in the purchase of real estate, investors will be putting their money into real estate investment funds.Russia, and particularly the Moscow real estate market, has, according to major developers, become the world's third largest market after London and Paris. Forecasts by DTZ Holdings, a consultancy, indicate that the value of commercial property deals in Russia in 2007 will reach 5 billion euros, compared with 3 billion euros in 2006 and 1 billion euros in 2005.
Investments in this sector are divided practically half and half between retail and office space. According to Cushman & Wakefield, returns on office investments at the end of 2006 in Moscow were around 8.5% per year, while space rented out to retail stores yielded
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