Development

  • Development
    Mar 12, 2024
    Moscow: A Tapestry of Tradition and Modernity

    Introduction

     

    Moscow, the heart of Russia, is a city where every street corner tells a story, blending centuries-old heritage with the brisk pace of modern life. As the capital city, it is the political, economic, and cultural epicenter of the country, presenting a unique mix of ancient architecture and cutting-edge skyscrapers. This article takes a deep dive into the multifaceted aspects of Moscow, from its demographic characteristics and economic contributions to its rich cultural landscape, technological advancements, and infrastructural development.

     

    Demographic Dynamics

     

  • Development
    Aug 18, 2018
    Foreign investment share in commercial real estate rose to 12% in 2017

    Company representatives of Colliers International suggest that the decrease is the result of vacancy increases and the stabilization of the economic situation in Russia.

     

    The share of foreign investment in the Russian commercial real estate in 2017 increased to 12 percent, up from two percent in 2016, said the spokesman of Colliers International on December 5, 2017.

     

    According to the real estate company’s representative, the reasons for increased investment in commercial properties in Russia include a reduction in vacancies and the stabilization of the economic situation in the country.

     

    “The share of foreign investments at the end of 2017 will be about 12 percent, while it amounted to two percent in 2016. At the same time, the total volume of commercial real estate investment in Russia has not increased in 2017 and amounted to USD4.4 billion,” said the managing partner of Colliers Nicholas Kazanskiy.

     

  • Development
    Aug 18, 2018
    Putin suggests granting more land in Far East giveaways

    During the meeting with South Korea’s President Moon Jae-in on September 6, 2017 at the World Economic Forum, the Russian President Vladimir Putin proposed expanding the Far East hectare land giveaway program. The Russian leader suggested considering the possibility of granting land to individuals who come to the Far East from abroad and also to give bigger lots of land to those who successfully develop the premises already received.

     

    “Regarding the [government’s] real support for the business sector, the Far Eastern hectare program is already demonstrating a positive impact on territorial development. The people that received the land not only began businesses, but also are for the first time in decades founding new settlements in the Far East,” President Putin said, speaking at a meeting of the Presidium of the State Council on social and economic development of the Far East.

     

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