Public-private partnerships could be one way to generate interest in Moscow real estate among foreign investors, who despite phenomenal cap rates of 9 to 12 percent, “have so far been very cautious” about sinking money into projects there — particularly outside of the downtown “Three Ring Road” area.

Aleksandr Nikolaev, Valartis Group’s managing director for Russia, says three factors worry investors about investing in “new territories” outside the core downtown area: “obscure rules of the game caused by the lack of a clear development concept for New Moscow, the absence of developed infrastructure, and the complexity of hookup to utilities grids.” Source:

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
Thank you for subscribing to Morning Headlines.
Back to top
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription