Investigates the optimism in the Russian real estate investment market.
Written in 2009; 1,320 words; 5 sources; MLA; $ 44.95
Paper Summary:
This paper explains that the Russian commercial property market offers excellent opportunities because of the chance of a good return on investment (ROI). The paper looks at the markets in Russia's two major cities, St. Petersburg and Moscow as they compare to the opportunities in New York City. The paper concludes that, despite the higher risks and some uncertainties, the Russian real estate market, especially Moscow, remains one of the most attractive long-term investment opportunities in Europe.
From the Paper:
"There is another comparison between New York and Moscow that needs to be presented. New York has always been a place for business to be conducted on an international scale. Not only the U.N. is there but also many international corporations. This, of course, has been happening for many years. Moscow, on the other hand, is now far more open for overseas business- both in terms of opening branches, developing new business partnerships with Russians- all of which opens the real estate market to more and more businessmen and women..."
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