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Articles by Anton Filatov
Developer to Spend $500M on Suburban Housing
Morton Group will invest $500 million in new housing in towns outside Moscow, its CEO has said. The developer selected the towns of Vidnoye and Balashikha...
Qatari Firm, Gazprombank Plan $150M Real Estate Fund
Qatari Barwa Real Estate and Gazprombank announced the formation of a real estate fund, which will invest in housing and commercial real estate development...
Hotel Room Prices Fall 8%
The average room rate in Moscow’s world-class hotels decreased by 8 percent to 6,596 rubles ($215) in 2010 because of increased competition and ruble...
Pushkin Square Spared Construction
City Hall issued an order late last week to stop the construction work under Pushkin Square, and if the investor in the project wants to continue, it will...
German Fund Won't Buy Vivaldi Plaza
One of the largest deals on the Russian commercial real estate market has fallen through as German investment fund KanAm will not purchase the Vivaldi...
Deripaska May Swap Stakes to Keep Austrian Interest
Oleg Deripaska does not want to lose his stake in Austrian construction firm Strabag ― so he is willing to trade in his Russian assets, such as Transstroi...
PIK to Sell $500M in Shares to Pay Debts
PIK Group is planning on selling up to $500 million in shares to pay off debts, the company's board of directors decided Friday.