The document provides an overview of investment opportunities in the residential real estate market of St. Petersburg, Russia. It finds that the market remains undersupplied compared to global averages, with demand outstripping supply. Mortgage lending is growing but remains low as a percentage of GDP. The St. Petersburg market saw increases in supply, sales volumes, and prices from 2010-2012, recovering from the 2008 crisis, though supply is still constrained. Demand is projected to outpace supply through 2016 due to demographic and economic factors. Major players have consolidated in recent years and there is an opportunity for new investors to enter the market and become mid-sized players within the next 3-5 years.
"Highlights"
* Manufacturing growth accelerated in the second half of 2016
* Retail trade reported higher growth at the end of 2016
* Consumer prices pick up reflecting an increase in commodity prices
"In Focus":
* Reshaping of Latvia's energy sector continues, autors: Igors Kasjanovs
Ukraine Monthly Economic Review, March 2017DIXI Group
Highlights
An economic blockade of the areas of Donbass, uncontrolled by the government, will have a moderately negative impact on economic performance. The National Bank has already downgraded its GDP forecast to +1.9% yoy in 2017 from +2.8% yoy previously, while it expects faster growth in 2018 (+3.2% yoy vs. +3% yoy). We may downgrade our forecast later on, if the situation does not improve or even worsens.
On 3 April, the IMF Board finally approved the fourth tranche to Ukraine in the amount of USD 1 bn. For the upcoming tranches government should demonstrate significant progress in reforming the pension system, the land market and the legal system, i.e. fight corruption.
In 2016, GDP increased by 2.3% after a 9.8% yoy decline in 2015. Last year, agriculture, construction and manufacturing were the major drivers of growth.
In February, consumer prices increased by 1% mom, and the yearly inflation rate accelerated to 14.2% from 12.6% yoy in January. The National bank abstained from any changes in the key rate. Despite the blockade of Donbass, the FX market was surprisingly stable in March.
Ukrainian authorities imposed sanctions against Russian state banks, and it is expected that the latter will gradually exit the Ukrainian market.
Macroeconomic Developments Report, December 2016Latvijas Banka
Based on data from Latvijas Banka, Central Statistical Bureau of Latvia, Ministry of Finance, and Financial and Capital Market Commission, this publication assesses developments of the external sector and exports, financial market, domestic demand and supply, prices and costs, and balance of payments, and provides forecasts for the economic development and inflation.
Highlights:
- Economic growth in Latvia is gathering momentum
- Household savings in banks on the rise
- Surplus in the current account for third consecutive quarter
In Focus:
- About Latvijas Banka's inflation forecast revisions in March and June 2017, by Oļegs Krasnopjorovs
"Highlights":
* 2016 passed in expactations of investment and in the environment of weak external demand
* Wages grew at a slower rate last year
* Current account recorded a surplus of 369.5 million euro or 1.6% of GDP in 2016
"In Focus":
* Foreign direct investment globally and in Latvia, autore: Santa Bērziņa
"Highlights"
* Manufacturing growth accelerated in the second half of 2016
* Retail trade reported higher growth at the end of 2016
* Consumer prices pick up reflecting an increase in commodity prices
"In Focus":
* Reshaping of Latvia's energy sector continues, autors: Igors Kasjanovs
Ukraine Monthly Economic Review, March 2017DIXI Group
Highlights
An economic blockade of the areas of Donbass, uncontrolled by the government, will have a moderately negative impact on economic performance. The National Bank has already downgraded its GDP forecast to +1.9% yoy in 2017 from +2.8% yoy previously, while it expects faster growth in 2018 (+3.2% yoy vs. +3% yoy). We may downgrade our forecast later on, if the situation does not improve or even worsens.
On 3 April, the IMF Board finally approved the fourth tranche to Ukraine in the amount of USD 1 bn. For the upcoming tranches government should demonstrate significant progress in reforming the pension system, the land market and the legal system, i.e. fight corruption.
In 2016, GDP increased by 2.3% after a 9.8% yoy decline in 2015. Last year, agriculture, construction and manufacturing were the major drivers of growth.
In February, consumer prices increased by 1% mom, and the yearly inflation rate accelerated to 14.2% from 12.6% yoy in January. The National bank abstained from any changes in the key rate. Despite the blockade of Donbass, the FX market was surprisingly stable in March.
Ukrainian authorities imposed sanctions against Russian state banks, and it is expected that the latter will gradually exit the Ukrainian market.
Macroeconomic Developments Report, December 2016Latvijas Banka
Based on data from Latvijas Banka, Central Statistical Bureau of Latvia, Ministry of Finance, and Financial and Capital Market Commission, this publication assesses developments of the external sector and exports, financial market, domestic demand and supply, prices and costs, and balance of payments, and provides forecasts for the economic development and inflation.
Highlights:
- Economic growth in Latvia is gathering momentum
- Household savings in banks on the rise
- Surplus in the current account for third consecutive quarter
In Focus:
- About Latvijas Banka's inflation forecast revisions in March and June 2017, by Oļegs Krasnopjorovs
"Highlights":
* 2016 passed in expactations of investment and in the environment of weak external demand
* Wages grew at a slower rate last year
* Current account recorded a surplus of 369.5 million euro or 1.6% of GDP in 2016
"In Focus":
* Foreign direct investment globally and in Latvia, autore: Santa Bērziņa
Macroeconomic Developments Report, December 2017Latvijas Banka
Based on data from Latvijas Banka, Central Statistical Bureau of Latvia, Ministry of Finance, and Financial and Capital Market Commission, this publication assesses developments of the external sector and exports, financial market, domestic demand and supply, prices and costs, and balance of payments, and provides forecasts for the economic development and inflation.
A risk report I produced on Russia for my International Banking and Finance unit, highlighting key sovereign and foreign exchange risks facing the country. Obtained the highest grade of all students for the assignment.
Economic outlook for 2018 – more bumps in the road?DIXI Group
Macro FI CEE Special Ukraine
After a rather stable 2017, 2018 could become bumpier as elections and debt payments loom in 2019
Relations with foreign partners more strained on limited reform zeal and less patience of partners
Baseline scenario of moderate growth, somewhat weaker UAH and a return to single digit infl ation
No rating and outlook change expected; tight Eurobonds spreads might see a correction in the short run
"Highlights":
* Manufacturing growth supported by nearly all sectors
* Exports regain pace
* Inflation boosted by global food prices growth while oil prices decrease
"In Focus":
* Comparison of the Baltic States' exports, author Daina Pelēce
Macroeconomic Developments Report, June 2017Latvijas Banka
Based on data from Latvijas Banka, Central Statistical Bureau of Latvia, Ministry of Finance, and Financial and Capital Market Commission, this publication assesses developments of the external sector and exports, financial market, domestic demand and supply, prices and costs, and balance of payments, and provides forecasts for the economic development and inflation. The publication is available only in electronic form.
Highlights:
* Fastest GDP growth in 6 years
* Inflation slightly down
* Dynamic year for retail trade
In Focus.
Four years in the euro area – have the promises come true? author: Egils Kaužēns
On May 31, 2011 the Government and National Bank of Belarus (NBB) announced that they would ask for a new stand-by loan from the IMF. The requests for external assistance followed several unsuccessful government attempts to overcome the serious macroeconomic crisis that has been developing in the country since the beginning of 2010. A key question arises, can external loans help Belarus to overcome its current crisis?
Authored by: Alexander Chubrik
Published in 2011
Ukraine. Turn to Growth. Investment Climate Outlook - Mid 2017DIA_investment
2016 was a year of macroeconomy stabilization in Ukraine. This year shows the expected growth. Much of this progress reflects the authorities’ efforts and proves the viability and prospects of the chosen path of economic reform. The government has pursued a policy aimed at deregulating entrepreneurial activity, improving the business climate, optimizing public sector governance, and ensuring the harmonization of national legislation with EU legislation. As a result capital investment in the first half of 2017 exceeded pre-crisis level, the net FDI amounted to $1,156 million and was mostly directed towards the real sector of the economy. The 1H 2017 also brought numerous significant transactions and announcements of new investments.
According to the World Bank’s latest Ukraine Economic Update, Ukraine’s economy grew by 2.3 % in 2016 (after around 16% cumulative real GDP contraction in the previous two years) and grew by 2.4% in the first half of 2017. The recovery was supported by a bumper harvest and a pickup from low levels in manufacturing, construction, and key services.
Highlights:
- Current account reflects the recovering investment activity
- Annual inflation continues hovering around 3%
- GDP growth exceeds expectations and leads to revised forecasts
In Focus:
- Latvia 2017: Back to growth and structural reforms, by Mārtiņš Grāvītis
The Current State of Russia-United Kingdom RelationsRussian Council
The Working Paper is prepared in the framework of the RIAC research project “A New Agenda for Russia-United Kingdom Relations”. The Working Paper analyzes the main trends in British domestic and foreign policy, current Russia-UK relations. Russian–British relations have always shown great potential. The areas of common interest pointed out in this paper allow for the practical implementation of tracks working systematically at the same time – the Track One-and-a-Half and the Track II.
"Highlights":
Strongest growth since 2012
Annual growth of consumer prices slightly lower in July
Tax reform approaching its final stage
"In Focus":
Instant payments: experience the future today! Autori: Harijs Ozols and Deniss Fiļipovs
"Highlights":
* Healthy growth, but caution warranted
* Inflation growth decelerating
* Recovery of imports increased current account deficit
"In Focus":
* Does the financing from the EU structural funds improve the competitiveness of Latvian businesses?, autors: Oļegs Krasnopjorovs
Macroeconomic Developments Report, December 2017Latvijas Banka
Based on data from Latvijas Banka, Central Statistical Bureau of Latvia, Ministry of Finance, and Financial and Capital Market Commission, this publication assesses developments of the external sector and exports, financial market, domestic demand and supply, prices and costs, and balance of payments, and provides forecasts for the economic development and inflation.
A risk report I produced on Russia for my International Banking and Finance unit, highlighting key sovereign and foreign exchange risks facing the country. Obtained the highest grade of all students for the assignment.
Economic outlook for 2018 – more bumps in the road?DIXI Group
Macro FI CEE Special Ukraine
After a rather stable 2017, 2018 could become bumpier as elections and debt payments loom in 2019
Relations with foreign partners more strained on limited reform zeal and less patience of partners
Baseline scenario of moderate growth, somewhat weaker UAH and a return to single digit infl ation
No rating and outlook change expected; tight Eurobonds spreads might see a correction in the short run
"Highlights":
* Manufacturing growth supported by nearly all sectors
* Exports regain pace
* Inflation boosted by global food prices growth while oil prices decrease
"In Focus":
* Comparison of the Baltic States' exports, author Daina Pelēce
Macroeconomic Developments Report, June 2017Latvijas Banka
Based on data from Latvijas Banka, Central Statistical Bureau of Latvia, Ministry of Finance, and Financial and Capital Market Commission, this publication assesses developments of the external sector and exports, financial market, domestic demand and supply, prices and costs, and balance of payments, and provides forecasts for the economic development and inflation. The publication is available only in electronic form.
Highlights:
* Fastest GDP growth in 6 years
* Inflation slightly down
* Dynamic year for retail trade
In Focus.
Four years in the euro area – have the promises come true? author: Egils Kaužēns
On May 31, 2011 the Government and National Bank of Belarus (NBB) announced that they would ask for a new stand-by loan from the IMF. The requests for external assistance followed several unsuccessful government attempts to overcome the serious macroeconomic crisis that has been developing in the country since the beginning of 2010. A key question arises, can external loans help Belarus to overcome its current crisis?
Authored by: Alexander Chubrik
Published in 2011
Ukraine. Turn to Growth. Investment Climate Outlook - Mid 2017DIA_investment
2016 was a year of macroeconomy stabilization in Ukraine. This year shows the expected growth. Much of this progress reflects the authorities’ efforts and proves the viability and prospects of the chosen path of economic reform. The government has pursued a policy aimed at deregulating entrepreneurial activity, improving the business climate, optimizing public sector governance, and ensuring the harmonization of national legislation with EU legislation. As a result capital investment in the first half of 2017 exceeded pre-crisis level, the net FDI amounted to $1,156 million and was mostly directed towards the real sector of the economy. The 1H 2017 also brought numerous significant transactions and announcements of new investments.
According to the World Bank’s latest Ukraine Economic Update, Ukraine’s economy grew by 2.3 % in 2016 (after around 16% cumulative real GDP contraction in the previous two years) and grew by 2.4% in the first half of 2017. The recovery was supported by a bumper harvest and a pickup from low levels in manufacturing, construction, and key services.
Highlights:
- Current account reflects the recovering investment activity
- Annual inflation continues hovering around 3%
- GDP growth exceeds expectations and leads to revised forecasts
In Focus:
- Latvia 2017: Back to growth and structural reforms, by Mārtiņš Grāvītis
The Current State of Russia-United Kingdom RelationsRussian Council
The Working Paper is prepared in the framework of the RIAC research project “A New Agenda for Russia-United Kingdom Relations”. The Working Paper analyzes the main trends in British domestic and foreign policy, current Russia-UK relations. Russian–British relations have always shown great potential. The areas of common interest pointed out in this paper allow for the practical implementation of tracks working systematically at the same time – the Track One-and-a-Half and the Track II.
"Highlights":
Strongest growth since 2012
Annual growth of consumer prices slightly lower in July
Tax reform approaching its final stage
"In Focus":
Instant payments: experience the future today! Autori: Harijs Ozols and Deniss Fiļipovs
"Highlights":
* Healthy growth, but caution warranted
* Inflation growth decelerating
* Recovery of imports increased current account deficit
"In Focus":
* Does the financing from the EU structural funds improve the competitiveness of Latvian businesses?, autors: Oļegs Krasnopjorovs
Aranca views - China Property Market: Prepare for the End Game?Aranca
The real estate sector in China has been slowing for the past few quarters; however, the pace of deceleration has been increasing. Aranca's article provides the latest data, statistics, analysis and forecast of the China property market.
Housing price determinants and the price cycle in bulgariabulgarianproperties
The past decade was very dynamic for the real estate sector throughout the world and especially in Bulgaria, which was often ranked in top 3 of fastest-growing property markets.
Entering Kiev’s market in the 2-3Q 2015 (Podol Grad by UkrBud) we expected to gain benefits from the cease-fire, political and economic situation in the coming months. Hryvnia has been the most predictable and stable currency for the last 6 months with the National Bank's firm control and inflow of foreign currencies through IMF.
As a result market sentiments have been slowly changing today from the “bottom-state-of-mind” to a “slight optimism”. Developers are not too ready for bargains as they used to be, prices are not as negotiable as 3-5 months ago. We expect a “bottom-push-up” to take place in the nearest future.
Meanwhile, the B-Club's price for chosen properties still has a lot of upside and potential to double within the next 3 years amid political and economic stabilization. First winners as always would be top downtown locations and newly built ready-to-move-in projects.
In our opinion, Podol Grad by UkrBud is one of that kind of projects with an outstanding mixture of characteristics (location, middle-rise construction, newly created area with a wide range of facilities).
The main risk for investors is whether the situation in Ukraine is sustainable enough in the long-term (cease-fire, exchange rate, economic reforms).
The Global Property Report 2012 is the most up to date and definitive property guide to the world’s property markets on the web and is designed to help both the commercial investor and private property buyer in their quest to find that unique investment opportunity or dream property.
Tony Randall
Avondale Investment Management (UK) Ltd
www.avondaleinvestment.com
American Research Journal of Humanities & Social Science (ARJHSS) is a double blind peer reviewed, open access journal published by (ARJHSS).
The main objective of ARJHSS is to provide an intellectual platform for the international scholars. ARJHSS aims to promote interdisciplinary studies in Humanities & Social Science and become the leading journal in Humanities & Social Science in the world.
Юрий Васильевич Степанченко- Best countries in Europe to purchase a PropertyЮрий Степанченко
According to "Юрий Васильевич Степанченко"Yury Stepanchenko, Europe is the for purchasing property for investment. For more details stay tuned with us at https://yurystepanchenko.wordpress.com/
About 275,000 sqm is the the total supply of retail property in 2015, contributed hugely by the coming of AEON Mall (Retail Market Phnom Penh, Sept 2014, CBRE). Commercial property market has been growing strong since the last few years, with the supply of major commercial development centers such as Sovanna Mall, Canadia Tower, Phnom Penh Tower, and lately the Ratannac Tower and AEON shopping mall as well as the soon-coming Parkson Mall.
Raport przygotowany przez firmę doradczą Deloitte podsumowuje rynek nieruchomości największych miast w siedemnastu krajach Unii Europejskiej, Rosji oraz w Izraelu.
The KA Housing - Catalogue - Listing TurkeyListing Turkey
Welcome to KA Housing, a distinguished real estate development nestled in the heart of Eyüpsultan, one of Istanbul’s most promising districts.
Just 10 minutes from the bustling city center, Eyüpsultan offers a serene escape with the convenience of urban living. The direct metro line ensures seamless connectivity to all parts of Istanbul, making it an ideal location for residents who seek both tranquility and vibrancy.
KA Housing boasts unparalleled accessibility, with proximity to Istanbul Airport only 30 minutes away, facilitating easy international travel. Effortless city access is guaranteed by direct metro and transportation links to Istanbul’s cultural and commercial hubs. Quick access to key metro lines connects you to every corner of the city within minutes, making commuting and exploring the city hassle-free.
The development offers luxurious living spaces with a range of unit layouts from 1+1 to 4+1, designed with meticulous attention to detail. Each unit features balconies or terraces, providing stunning vistas of Istanbul and enhancing the living experience. High-quality materials and superior craftsmanship ensure durability and elegance, while sound-proof insulation and high ceilings (2.95 m) offer comfort and sophistication.
Residents of KA Housing enjoy exclusive on-site amenities, including a state-of-the-art gym, outdoor swimming pool, yoga area, and walking paths. Entertainment options abound with a private cinema, children’s playground, and a variety of dining options including a café and restaurant. Security and convenience are paramount with 24/7 security, a dedicated carpark garage, and an IP intercom system.
KA Housing represents a prime investment opportunity with limited availability in a high-demand area, ensuring enduring value and potential for lucrative returns. Homes in this development provide exceptional value without compromising on quality, offering affordable luxury for discerning buyers. The construction is of the highest quality, built to the latest seismic and disaster resistance standards, ensuring safety and resilience.
The community and surroundings of KA Housing are enriched by close proximity to prestigious universities such as Haliç University, Bilgi University, and Istanbul Ticaret University, making it an ideal location for students and academics. The development is adjacent to the Alibeyköy stream leading into the Halic waters, offering serene natural escapes amidst lush greenery. Residents can enjoy the cultural richness of the area, surrounded by historical and cultural landmarks that blend leisure, nature, and culture seamlessly.
https://listingturkey.com/property/the-ka-housing/
Referans Bahcesehir which is being constructed, in the center of the most regional destination as Bahçeşehir, shines out with its central location and unique landscape including social facilities such as a fitness center, sauna, sports facilities, children’s playground and recreational areas.
Not only drawing attention for immediate surroundings including commercial centers and private schools but also providing the easily accessible location with closeness to Tem Highway and connection roads, ongoing construction of 3rd Bridge Connection roads and Metro Projects
Bahcesehir is a rising value in the great city of Istanbul… Located at a new transportation junction in the northwest of the City… Located at such a spot that the access roads for the 3rd bridge and for the 3rd Airport will reach the region in 2016. The Marmaray and the Subway will extend all the way to Referans Bahcesehir respectively in 2018 and 2019.
465 flats and 34 stores are designed with an outstanding approach and arranged with a unique perspective offering the following options: 1 plus 1, 2 plus 1, 3 plus 1, 3.5 plus 1, 4 plus 1, and 4.5 plus 1. It is planned so as to safeguard you and your loved ones based upon a modern, technological safety approach. As you experience the joy and luxury here, you will be content and feet at ease.
It is worth seeing both inside and outside with heart-warming cafes, tasty restaurants and elegant stores… And it is ready to offer a vivacious social life with a warm and cozy space design.
A folding swimming pool and indoor swimming pools, playgrounds, Turkish bath, sauna… It has them all. Everything you need for your well-being and for having a pleasant time will be at your service. You simply need to align the rhythm of life with the rhythm of Referans Bahcesehir.
https://listingturkey.com/property/referans-bahcesehir/
Flat available for sale
Location- Tupudana, Ranchi
Savitri enclave
Area- 3BHK
Rate- 4000/sq.ft.
Super Build Up Area-1629 sq.ft.
Build-up area-1253 sq.ft.
Rate- 65lakh16k(approx)
Floor available- Flat available in all floor(G+12)
Balcony- 2
Washroom- 2
Parking - CAR PARKING
Amenities- Joggers track,temple, children's park,gym,banquet hall (5 Lakh)
Possession year (Handover year)- Dec 2025
Outside View from the apartment and flat balcony is very beautiful.
For more information contact AASHIYANA STAR PROPERTIES
7766900371
Brigade Insignia offers meticulously designed apartments with modern architecture and premium finishes. The project features spacious 3,3.5,4 and 5 BHK units, each thoughtfully planned to provide maximum comfort, natural light, and ventilation.
https://www.newprojectbangalore.com/brigade-insignia-yelahanka-bangalore.html
The SVN® organization shares a portion of their new weekly listings via their SVN Live® Weekly Property Broadcast. Visit https://svn.com/svn-live/ if you would like to attend our weekly call, which we open up to the brokerage community.
Sense Levent Kagithane Catalog - Listing TurkeyListing Turkey
Sense Levent offers a luxurious living experience in the heart of Istanbul’s vibrant Levent district.
This cutting-edge development seamlessly integrates modern design with natural elements, featuring live evergreen plants maintained by an advanced irrigation system, ensuring lush greenery year-round.
The building’s elegant ceramic balconies are both stylish and durable, enhancing the overall aesthetic and functionality. Residents can enjoy the 700m Sky Lounge, which provides breathtaking views of Istanbul and a perfect space to relax and unwind.
Sense Levent promotes a healthy and active lifestyle with a full gym, swimming pool, sauna, and steam room, all available in the building. The interiors are crafted with high-quality materials, ensuring a luxurious and inviting living space.
Designed with young professionals in mind, Sense Levent features 1+1 and 2+1 units with smart floor plans and balconies. The project promises high investment returns, with an expected annual return of 6.5-7%, significantly above Istanbul’s average ROI.
Located in the rapidly growing and highly desirable Levent area, the development benefits from ongoing urban regeneration projects. Its prime location offers proximity to shopping malls, municipal buildings, universities, and public transportation, adding immense value to your investment.
Early investors can take advantage of discounted units during the construction phase, with an expected capital appreciation of +45% USD upon completion. Property Turkey provides comprehensive rental management services, ensuring a seamless and profitable investment experience.
Additionally, robust legal support and significant tax advantages are available through Property Turkey’s licensed Real Estate Investment Fund. Levent is a dynamic urban hub, ideal for young professionals with its numerous corporate headquarters and shopping malls.
Sense Levent is more than just a residence; it’s a place where dreams and opportunities come to life. Contact us today to secure your place in this exclusive development and experience the best of Istanbul living. Sense Levent: Sense the Opportunity. Live the Dream.
https://listingturkey.com/property/sense-levent/
Torun Center Residences Istanbul - Listing TurkeyListing Turkey
THERE IS LIFE IN ITS CENTER!
The most energetic spot of the city that will add utterly different pleasures to your life, with a park that will make Istanbul breathe, delighting indoor and outdoor bistros, cafes, restaurants, the brand-new Food Hall concept, where dozens of unique tastes are served together, market area, cinema, theater, fitness club, SPA and event venue...
All the pleasures that will enrich your lives are awaiting you on the most beautiful side of the city, at Torun Center Residences. In Mecidiyeköy, where the heart of Istanbul beats, business, life and entertainment opportunities are located at the exact center, at Torun Center, the most beautiful side of the city.
Penthouse apartments and different styles of flats from 1 + 1 to 4 + 1, from 100 to 425 square meters in a 42-story residence tower, have been designed for those who want to live in the center of magnificence. Torun Center is the redefinition of a better life with specially landscaped floor gardens, apartment options with private balconies, and automatic glass systems equipped with Trickle Ventilation that offers clean air comfort.
Business and life in the same place
Excellent service
Torun Center has many delightful details, from a swimming pool to sunbathing and resting terrace. With 24/7 concierge services, 24/7 security, valet, technical service, closed-circuit camera system (CCTV), central heating and cooling system, it makes your life easier.
Delightful details
The two-story Torun Center Lounge, with its indoor and outdoor seating areas, children's playroom, private dining and TV lounge, promises unforgettable memories to you and your loved ones with its unique Istanbul view.
Neighboring to the most pleasant square of Istanbul
A few steps from the Torun Center Residences, you can reach the city's most modern city square and open the doors of a quality city life. Torun Center Residences brings together on the same project the long-awaited city life for Istanbul and gourmet restaurants, cafes, gym and SPA, and state-of-the-art cinema and Artı Stage, hosting the most famous plays of the season.
Located at the intersection of alternative public transportation options such as the metro and Metrobus, Torun Center comes to the fore as the most accessible office for both sides of Istanbul. With a central location and rich transportation lines, Torun Center offices make life easier for employees and increase productivity.
Lixin Azarmehr, a Los Angeles-based real estate development trailblazer, co-founded JL Real Estate Development (JL RED) in 2015 and serves as its CEO. Her expertise has propelled the firm to specialize in luxury residential and mixed-use commercial projects, with a portfolio that features upscale retail spaces and sophisticated care facilities.
Elegant Evergreen Homes - Luxury Apartments Redefining Comfort in Yelahanka, ...JagadishKR1
Experience unmatched luxury at Elegant Evergreen Homes, offering exquisite 2, 3, and 4 BHK apartments in the serene locality of Yelahanka, Bangalore. These meticulously crafted homes blend modern design with timeless elegance, providing a harmonious living environment. Enjoy top-tier amenities and a prime location, making Elegant Evergreen Homes the ideal choice for discerning homeowners.
Need MCA leads? No sweat! MCAs are great for small biz funding. Learn how to snag top-notch leads: businesses needing cash, with repayment ability, decision-makers, and accurate contacts. Use content, social ads, lead platforms, partnerships, and capture processes for quality leads.
https://www.leadgeneration.media/blog/b/streamline-your-mca-sales-process-with-pre-qualified-leads
Green Homes, Islamabad Presentation .pdfticktoktips
Green Homes Islamabad offers beautifully designed 5, 8, and 10 Marla homes near the airport and motorway. Enjoy luxury, convenience, and high rental returns in a prime location.
One FNG by Group 108 Sector 142 Noida Construction UpdateOne FNG
One FNG by Group 108 is launching a new commercial project in Sector 142 Noida. Office space and high street retail shops on the FNG and Noida Expressway. For more information visit the website https://www.onefng.com/
BricknBolt Understanding Load-Bearing Walls and Their Structural Support in H...BrickAndBolt
Load-bearing walls are the backbone of any home construction, providing crucial structural support that carries the weight of the house above. For companies like Brick and Bolt Mysore and Bricknbolt Faridabad, understanding and properly implementing these elements are key to constructing safe and durable buildings.
Urbanrise Paradise on Earth - Unveiling Unprecedented Luxury in Exquisite Vil...JagadishKR1
Immerse yourself in the epitome of luxury living at Urbanrise Paradise on Earth. These opulent 4 BHK villas, nestled off the prestigious Kanakapura Road in Bangalore, redefine elegance and sophistication. With meticulous craftsmanship, breathtaking design, and unparalleled amenities, Urbanrise Paradise on Earth offers a sanctuary where every moment is infused with luxury and serenity. Experience a life of grandeur and indulgence at this exclusive residential enclave.
Simpolo Tiles & Bathware
Tile ho,
toh Simpolo.
Since the first steps were taken in 1977, Simpolo Ceramics has carved its niche as a consistently growing organisation with unparalleled innovation and passion rooted in simplicity.
We endure gratification for every experience we offer, created to share something meaningful. It may not resonate with the majority, but that makes us a class apart. If only a handful were to understand the purpose of our existence, we would be proud to have found our believers. Rather, people with whom we can share our beliefs.
VISUALIZER
Design your space in your style with our very own Visualizer. Now, you can choose the tiles of your liking from our wide selection and see how they would look in a space. Select the tile from the multiple options and the visualiser will replace the surfaces in the image with the selected tiles. This way, instead of just your imagination, you can choose the tiles for your place by getting an actual picture of how they would look in a space. So, design your space the way you desire digitally and implement it in real life to get the best results!
You can also share this visualiser with others to help them design their space.
Committed to delighting customers with world-class ceramic products and services. Make Simpolo synonymous with the best quality and set new benchmarks of excellence for all stakeholders. Pursue best business practices with utmost integrity to make Simpolo an exciting organisation to work with, for vendors, channel partners, investors and employees alike.
Gain worldwide recognition in the field of ceramic building products through Research and Innovation and bring an enhanced lifestyle within reach for every household.
Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szet...Volition Properties
=== Investing In The US As A Canadian… And How To Do It RIGHT!! (feat. Erwin Szeto) ===
Ever been curious about Real Estate Investing in the US?? At Volition, for the past 14 years, we have been focused on helping investors invest in over $250M of real estate and generate $100M of wealth in the Toronto market, but we are always open to learning more about other business models and learning from other investors.
The US has always been an intriguing market to invest in. But the US is a big place… if you’re interested in investing in the US, you probably have a lot of questions, like:
☑️ Specifically WHERE should you invest?
☑️ What are the best markets to invest in and why?
☑️ How much are property prices there?
☑️ What are the returns like?
☑️ What is cashflow like?
☑️ Compared to investing in Toronto or other cities in Ontario, what are the benefits / tradeoffs?
☑️ What ownership structure should I use?
☑️ What are the tax implications?
☑️ Can I get financing?
☑️ What are tenants like?
Enter Erwin Szeto, a longtime friend of Volition. Since 2005, Erwin Szeto and his team have navigated the challenging landscape of being landlords in Ontario. Now, they are shifting their focus and guiding their clients' investments toward the more landlord-friendly environment of the USA. This decision comes after assisting Canadian clients in transacting over $440,000,000 in income properties. Faced with issues like affordability constraints, tenant-friendly laws, rent control, and rental licensing in Canada, Erwin sees a clear opportunity in the U.S. Here, there is a significant influx of investments leading to the creation of high-paying manufacturing jobs. Erwin and his clients are poised to capitalize on these opportunities where landlord rights are stronger and there is no rent control.
To facilitate this transition, Erwin has partnered with and become a client of SHARE, a one-stop-shop U.S. Asset Manager. Founded by Canadians for Canadians, SHARE enables as passive an ownership experience as possible for landlords in the U.S., while still maintaining direct, 100% ownership.
Erwin is “Making Real Estate Investing Great Again”!!
Website: https://www.infinitywealth.ca/
Facebook: https://www.facebook.com/iwinrealestate and https://www.facebook.com/ErwinSzetoOfficial
Podcast: https://www.truthaboutrealestateinvesting.ca/
Instagram: https://www.instagram.com/iwinrealestate/ and https://www.instagram.com/erwinszeto/
500 acres of brilliance await you here at Riverview City which offers modern living, effortless convenience, and a beautiful natural setting. It is a mega township by Magarpatta City in Loni Kalbhor, Pune. Enjoy easy access to work, schools, and fun while experiencing a perfect work-life balance.
Visit - magarpattacity.developerprojects.in
1. Investment opportunities of St. Petersburg
residential real estate market
September 2013
prepared
by
SIG
Russian Real Estate
2. 2
Russian residential real estate market
Structurally attractive
ü The Russian residential property market is still in its infancy and lags behind the
international market in size, scope and sophistication.
ü With per capita living space 40% below the global average and 20% of existing stock in
need of a major overhaul/full reconstruction, Russia’s residential property market remains
structurally undersupplied. Importantly, new stock is almost exclusively oriented towards
internal demand.
ü Despite double-digit growth in 2010-12, the mortgage market accounts for a negligible 2.6%
of Russia’s GDP. Given that 90% of Russians own their predominantly low-quality, small-
size flats and houses with no mortgage or rental payments attached, the Russian residential
market presents a significant trade-up opportunity for underleveraged consumers.
ü According to a report released in late February 2012 (based on IMF, OECD, Eurostat and
national statistic bureaus’ data), Russia — with the economy growing at 3.4 percent —
ranked first in the G8 and second among BRICS nations, in terms of economic growth rates
in 2012.
ü In 2012 transaction volumes in St. Petersburg’s primary market (by sq m sold) increased by
31% YoY. Sales volume reached 195 billion Rub.
ü Average selling prices in St. Petersburg’s primary market constantly growing since late
2010.
ü According to 2012 figures, 690,700 loans were issued for a total amount of RUB 1.29 trillion
(EUR 25.7 billion), which is 1.3 times higher in quantitative terms and 1.4 times higher in
money terms than in 2011. In terms of number of loans, this is 341.2 thousand loans
reached pre-crisis peak in 2008 (349.5 thousand loans).
3. Low residential construction levels
New residential construction peaked in the
late 1980s at around 70 mn sq m. per annum,
before falling to a low of around 30mn sq m.
in 2000 as the state’s involvement in
residential construction reduced significantly.
Thereafter construction volumes gradually
improved and peaked at 65.2 mn sq m. in
2012, albeit still below levels delivered in the
1980s.
Population
Russia is the ninth-most populous country in
the world, with a population estimated at
143.3 mn at January 2013.
The mortgage market
Russians carry minimal mortgage debt per
capita, estimated at just 2.6 % of GDP in
2012. This compares with 5% of GDP in
Turkey, 52% across the EU and 81% in the
US.
Housing stock per capita
The current housing stock is insufficient, with
an average housing stock of 22 m2 per
capita, far below other more developed
countries, while the demand for housing is
1,570 mn sq m., which corresponds to 31-32
m2 of per capita.
Quality of housing stock
Rapid government-funded housing
construction decreased dramatically after the
breakup of the Soviet Union in the early
1990s. As a result, the existing Russian
residential housing stock includes a
substantial amount of aging or obsolete stock.
Residential completions, (mn sq m)
65
50
43 42 41 39 38 38
35
31 30
25
22
Housing stock per capita (sq m)
average 38
Existing residential stock in Russia
60%
11%
9%
20%
Poorly maintained
Need urgent major
overhaul
Need full
reconstruction
Other
Mortgage lending as a proportion of GDP, 2010
Source:
European
Mortgage
Federa2on
Source:
Russian
Ministry
of
Industry
and
Trade
Source:
Rosstat
Source:
UNECE,
Rosstat
3
Russian residential real estate market
Snap shot
70,0
65,2
5,2%
5,4%
5,6%
5,8%
6,0%
6,2%
6,4%
6,6%
0
10
20
30
40
50
60
70
80
share of St. Petersburg and Leningrad region (right scale)
81%
52%
11%
5% 2,6%
USA EU-27 Ukraine Turkey Russia
4. ü Residential real estate market of St. Petersburg is characterized by the lack of supply
and high demand.
ü The housing market is fully recovered from the 2008 economic crisis. The volume of
supply and demand returned to pre-crisis levels.
ü A significant share of both supply and demand shifted to suburban areas. Suburban
areas account for almost a third of the total market.
ü Sales for the 1Q-3Q 2012 practically reached figures FY 2011, exceeding the pre-crisis
level.
ü The share of low-rise residential of the total market volume does not exceed 25% in
terms of supply and 5% in terms of market sales.
ü The main driver of growth of demand for residential real estate has been and remains
mortgage loans.
ü As a result of the research performed at the end of 2010, was identified that a backlog
demand for residential real estate in St. Petersburg existed in the amount of 18.1 million
sq. m., over half of which is economy class. Before 2016 demand for the residential real
estate in St. Petersburg won’t be satisfied, providing the existence of a stable demand
outside the forecast period.
ü The degree of consolidation in the industry enables investors to enter the primary
housing market and become a middle tier player the next 3-5 years.
ü It is economically feasible to enter the market with high-rise residential projects of 50
thousand sq m. or more.
Saint-Petersburg residential real estate market
Snap shot
4
5. 12%
25%
0%
5%
10%
15%
20%
25%
30%
35%
2,0
2,5
3,0
3,5
total supply low-rise residential supply (right scale)
72%69%72%69%67%67%71%71%73%73%69%66%72%66%63%
56%
28%31%28%31%33%33%29%29%27%27%31%34%28%34%37%
44%
city suburb
2,3 2,4
2,6
3,2
2,6 2,7 2,6 2,6
0,5
0,7
0,8 0,9 1,0 1,0 1,1 1,1
St. Petersburg Leningrad region
80%
70%
76%
81%
77%
60%
65%
70%
75%
80%
85%
2,0
2,5
3,0
3,5
4,0
4,5
5,0
total supply share of economy class (right scale)
Source:
Spb
realty,
analyst
research
es2mates
Source:
Rosstat
Source:
Spb
realty,
analyst
research
es2mates
Annual residential completion, mn sq m Supply, mn sq m
Territorial structure of supply, % Economy class supply, mn sq m
Source:
Spb
realty,
analyst
research
es2mates
crisis period
Q1 2008 – Q1 2010
+16%
crisis period
9 quarters
Saint-Petersburg primary residential real estate market
Supply
5
7. Major players in terms of revenue in the residential market, 2011 Major players in terms of market size in the residential market,
2 Q 2012 *
*Market size - the total gross area, or the number of apartments in buildings under construction that are on sale, including sold apartments. In
the market does not include objects in which sales of apartments have been completed, suspended or have not yet started.
Source: analyst research estimates
Saint-Petersburg primary residential real estate market
Economy class prices and sales
7
8. Source:
analyst
research
es2mates
Source:
analyst
research
es2mates
Source:
analyst
research
es2mates
Supply forecast, mn sq mSegmentation of households by income per month,
thousand RUB
Number of households by income per month,
thousand RUB
Sales forecast, mn sq m
Source:
analyst
research
es2mates
Saint-Petersburg primary residential real estate market
Valuation of effective demand Supply and sales forecast
8
3,0 3,2
4,2
4,6 4,8 4,8
2,7
3,4
2011 2012 2013F 2014F 2015F 2016F
forecast fact
*the average value over the year
3,5
3,3
3,4
3,3 3,3 3,33,3
3,6
2011 2012 2013F 2014F 2015F 2016F
forecast fact*
<40
41-120
121-250
251-600
600-1000
1200
33% 29%
42% 50%
24% 20%
0,17% 0,03%
2008 2011
elite (>1200k RUB)
middle (121-1200k RUB)
economy class (40-120k RUB)
insolvent demand (up to 40k
RUB)
9. 0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
1986
1990
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
2016
2018
2020
2022
2024
2026
2028
2030
2032
2034
2036
2038
2040
2042
2044
2046
2048
2050
0%
10%
20%
30%
40%
50%
60%
70%
80%
90%
100%
1986
1990
1994
1996
1998
2000
2002
2004
2006
2008
2010
2012
2014
2016
2018
2020
2022
2024
2026
2028
2030
2032
2034
2036
2038
2040
2042
2044
2046
2048
2050
CR3
min
max
CR3 - three largest companies in the industry in terms of revenue
I. Beginning II. Growth IV. Balance
Consolidation of the industry before the crisis 2008
Consolidation of the industry after the crisis 2008CR3
min
max
2006
18,5%
22%
macro shock,
financial crisis 2008
20242002
23 years
20212002
22%
III. Specialization
40%
20 years
40%
25%
27%
rate of
consolidation
Russia's economy in general and the
construction industry in particular, have been
deregulated since the collapse of the Soviet
Union.
In this analysis was estimated residential real
estate industry consolidation. Shares of the
companies were distributed according to the
amount of revenue from the sale of residential
real estate. (revenues from other businesses
of the analyzed companies are not included).
Currently the industry is in the middle of the
second stage of consolidation. Growth leaders
are Glavstroy, LSR and SETL City. Combined
market share of these companies is 27.5% in
terms of revenue.
Since deregulation the construction industry
has experienced two macro shocks - one in
1998 and the second in 2008. The result of the
recent crisis has been an acceleration of
industry consolidation and a reduction in the
time intervals between the stages
consolidation.
At this stage, there is an opportunity to
become one of the leaders in the industry, but
this requires above-average growth or
absorption of second-tier players.
In the absence of macro shocks in the future,
the industry will come to the third stage of
consolidation in 2021, when the transformation
into an industry leader will be practically
impossible, if it has not happened in the
previous stage.
I. Beginning II. Growth IV. BalanceIII. Specialization
Saint-Petersburg primary residential real estate market
industry Consolidation
9
10. Arsen Kelemenyan
CEO at SIG
mob.: +7 911-916-18-42
e-mail: arsen.kelemenyan@sig-company.com
Thank you for your attention
Contact information
10