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Moscow and St. Petersburg Commercial Market Overview, 1-st quarter 2008 (Knight Frank)


Oil prices crossed the psychologically important treshold of 100$ per barrel for the first time/ New office openings in the Q1 2008 were 313,000 sq m, which is 44% more than in the same period of 2007. We should emphasize that new volumes in class A increased more than four times thanks to such prominent developments as Western Tower, the Federation complex, and first stages of the Legion II and Legion III complexes.

PDF, 451kb, 09.06.2008

The report is courteously provided by
Knight Frank, Russia

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