Real Estate News

11.08.2010

Looking for Apartment Rentals in Moscow? Time to Visit Four Squares – Apartment Rentals Agency
Moscow sees an increasing demand in Moscow apartments as more people come back to the city from the West. Although, the demands from the expats have showed a considerable decrease, the gap has been filled with Russians from over the world... more detail

16.06.2010

In the Shadow of Moskva-City
The massive surface of the Presnensky district is used to having its face changed. In 1908, its local tributary was wrapped in an underground tube, only to see daylight as it flowed into Moscow’s principal river next to where the Russian government building now stands. more detail

05.01.2010

Luxury Long-term Lettings
“People want to get out to the fresh air and the countryside surroundings. It’s about finding the healthiest, yet most comfortable living for those who can afford it — particularly for their children,” said Marina Markarova, managing partner at Mayfair Properties, a luxury realty specialist based in Moscow. more detail

30.12.2009

State Revises Apartment Cost Figures
The State Statistics Service has revised its estimate for the price to construct a square meter of residential space in Moscow to 66,063 rubles ($2,170), but developers said it was too low. more detail

22.12.2009

State Revises Apartment Cost Figures
The State Statistics Service has revised its estimate for the price to construct a square meter of residential space in Moscow to 66,063 rubles ($2,170), but developers said it was too low. more detail

21.09.2009

Real Estate Market Begins to Bottom Out
ST. PETERSBURG — The decline in real estate prices in the country’s two largest cities has eased, suggesting that the sector may be nearing the bottom. more detail

21.09.2009

Bolshoi Repairs Investigated
Investigators opened a criminal case Monday into suspicious triple payments for restoration works on Moscow’s Bolshoi Theater that point to possible embezzlement by a federal agency. more detail

21.09.2009

Mikhelson to Develop Property in Petersburg
Leonid Mikhelson, the billionaire co-owner of gas giant Novatek, appears to be taking up property development in St. Petersburg after one of his companies purchased 144 hectares along the coast of the Gulf of Finland. more detail

21.09.2009

St. Pete Supports Gazprom Skyscraper
The Okhta Center, a 400-meter skyscraper to be built by Gazprom Neft in St. Petersburg, was approved by the city’s commission on construction, Deputy Governor Roman Filimonov said. more detail

17.09.2009

Alfa Bank and Mirax Agree on Debt Deal
Alfa Bank and Mirax Group have agreed on a debt restructuring, under which the lender will forgive $80 million of the developer’s obligations and still manage to come out earning an annual 120 percent on the deal. more detail

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