The supple volume in the Moscow elite primary market amounted to 164, 8 thous. sq. m. of residential space in 30 residential complexes in June 2010. Currently the market experiences summer lull. In June 2010 the average price for new elite buildings reached $ 17,480 per sq. m. The increase in this month amounted to 0,5%.
In June 2010 the commercial office space market in Moscow saw the traditional summer lull: the main trends remained relevant with the level of business activity and transactions volume slightly lower than in the spring months.
The most striking event in June was the opening of the "Vegas" retail and entertainment center at the 24 km of Moscow Ring Road.
The main event in the hotel market in June 2010 was the opening of the Lotte Hotel Moscow de-luxe class hotel for 304 rooms. Two new hotels appeared in the St.Petersburg market.
In the countryside residential real estate market both developers and potential buyers were more active In June 2010 than in May of this year with its traditional holidays and vacations. A number of prominent developers, such as "Incom", "Countryside project», «Vesco Group», etc., have announced a start of new projects implementations. However, settlements, offering land plots without labor contracts, continue to constitute the most part of new supply.1. Residential real estate market.............................................................. 3
2. Office market.................................................................................... 5
3. Retail market..................... ............................................................... 7
4. Hotels market......................... .......................................................... 9
5. Countryside real estate market ............................................................ 11