Wednesday, August 8, 2007

A global property boom Russian style

In Russia's booming commercial property market, old meets new, as developers balance architectural style against the drive for profits.
By Jay Merrick
Published: 08 August 2007

Forget London, New York and Tokyo. The place to be for booming commercial property development right now is Moscow. According to international property analyst Knight Frank, new developments of high-grade office space in the Russian capital have doubled since 2003, with a further 1.5m square feet of space becoming available before 2011. continue...



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