"Limiting construction volumes gives a chance for good architecture
At the VRN Architecture architectural forum, representatives of the professional community discussed the evolution of the urban environment, as well as the circumstances that contribute to this process or, conversely,…

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How to make money on real estate
The Russian housing market is still too young by world standards, and therefore many of our compatriots, having met in the media articles on how to make money on real…

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“THE MODERN MARKET IS NOT SPECULAR, BUT A TURNOUND VERY WEIGHED”
Rustam Aliyev, partner of Bryan Cave Leighton Paisner (Russia) LLP (formerly in Russia - Goltsblat BLP), on the activity of Russian and foreign investors, prospects for transactions, trust and compromises.…

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everything is possible

“REALLY IN EVERY SEGMENT OF COMMERCIAL REAL ESTATE TRANSFORMATIONS TO THE SIDE OF PUBLIC FUNCTIONS, WHICH ARE A MIX OF AN INTERESTING MODERN CONSUMER”

Anna Danchenok, Head of Strategic Consulting Practice in the Real Estate Sector of PwC in Russia, discusses the development of different segments of the commercial real estate market, general trends and the future of development. – Can coworking compete with standard offices? – You know, the coworking market occupies about 0.3% of the total supply in the office segment. And even in the USA their share does not exceed 1.5%. Accordingly, it is probably too early to say that this is a competitor, but I would call coworking an effective tool for filling business centers, which, as we all know, still experience certain difficulties with this. – Now they are opening in large numbers, in Moscow City, for example … – Yes, the average annual rate is about 20-30%. And this is not only in Moscow, it is actually a global trend. Continue reading

“THE ARCHITECTOR’S PROBLEM IS TO TRANSFORM MALLS FROM DARK“ BOXES ”FOR SHOPPING TO SPACES FOR THE WHOLE FAMILY”

Alexandra Razina, lead architect of Blank Architects, on the modern architecture of shopping centers, methods for increasing their competitiveness and interior trends. – Alexandra, what is the architect’s main task when working with shopping centers today? What requirements does the modern format dictate? – The modern market for retail real estate in the conditions of fierce competition for the buyer dictates new conditions. Today, every high-quality shopping center strives to gain individuality in the context of the environment in order to attract and retain its audience. The architect’s task is to turn malls from gloomy “boxes” for shopping into spaces for the whole family with a rich leisure and business components. These changes are reflected not only in the commercial layout, but also in the architecture of the project: Continue reading

“ENOUGH QUALITY OF QUALITATIVE OFFICE AREAS, BUT COMPETITION WILL BE ABOVE FOR THEM”

Evgenia Luchitskaya, official representative of A-Store Estates, a Neopolis business district developer, on the situation in the Moscow office market, last year’s results, prospects and expectations. – Eugene, today I would like to talk about the market of high-quality business centers, mainly class A, about vacancy, demand, rental rates … And the first question that worries everyone. The year 2018 has become famous for its low entry. Why, in your opinion, such a failure? – This is really another anti-record for the last 10 years. The reason is simple: we are emerging from a crisis that, of course, has affected the expectations of developers. In 2014-2015, rental rates “grew down”, the market not only became ruble – it collapsed, a huge amount of vacant space was formed. Therefore, the costs that went into the construction of large office buildings did not pay off. The market has changed dramatically. Continue reading

Small Business Idea: Capsule Hostel
Japanese clerks quickly embraced this idea, seeing a lot of advantages in such an inexpensive hotel. Most of the employees went to work from the suburbs, and therefore, they spent…

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Top Business Ideas and Franchises from Around the World
How easy is it to open your real estate agency from scratch Quite often, young entrepreneurs think about opening their real estate agency from scratch. This is due to the…

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Hard times: how to capitalize on the crisis
To live with dignity, you must work hard. This thesis is especially relevant during the crisis in the field of individual entrepreneurship. In this case, the person works for his…

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Business in Dubai
A paradise for investors and businessmen is the second name of the city of Dubai. The plans of Sheikh Mohammed bin Rashid al-Maktoum, the ruler of Dubai, and the government…

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