DOCSLIB.ORG

LSR Group Real Estate Portfol

Total Page：16

File Type：pdf, Size：1020Kb

Download full-text PDF Read full-text
LSR Group Real Estate Portfol Valuation Report JSC ‘LSR GROUP’ PORTFOLIO OF 52 REAL ESTATE PROPERTIES IN RUSSIA ST. PETERSBURG AND LENINGRAD REGION MOSCOW AND MOSCOW REGION YEKATERINBURG Date of Report: 05.03.2015 Date of Valuation: 31.12.2014 Number of Report: 04.03.2015 PREPARED BY PREPARED ON BEHALF OF Colliers International Ltd. JSC ‘LSR GROUP’ TABLE OF CONTENTS 1. INSTRUCTIONS 4 2. BASES OF VALUATION 8 3. STATUS OF VALUER AND CONFLICTS OF INTEREST 8 4. DISCLOURES AND CONFLICTS OF INTEREST 8 5. COMPLIANCE WITH RICS VALUATION STANDARDS 8 6. ASSUMPTIONS AND SOURCES OF INFORMATION 9 7. CERTIFICATION 9 8. CURRENCY 10 9. VALUATION AND UNCERTAINTY 10 10. ANALYSIS OF INFORMATION CORRECTNESS AND ADEQUACY 10 APPENDIX 1. Assumptions And Definitions 16 APPENDIX 2. Valuation Methodology 22 APPENDIX 3. Property Description 30 1. Commercial Properties. Saint- Petersburg Existings Buildings 31 2. Land Plots For Residential Development. Saint- Petersburg Properties Held For Future Development 39 3. Residential Properties. Saint- Petersburg Properties In The Course Of Development Elite Class Residential 41 4. Commercial Properties. Saint- Petersburg Properties In The Course Of Development 85 5. Country houses. Saint- Petersburg Properties In The Course Of Development 95 6. Commercial Properties. Moscow Existings Buildings 97 7. Residential Properties. Moscow Properties In The Course Of Development Business Class Residential 101 8. Commercial Properties. Moscow Properties In The Course Of Development 122 P. 2 COLLIERS INTERNATIONAL 9. Residential Properties. Yekaterinburg Properties In The Course Of Development Mass Market Residential 124 APPENDIX 4. MARKET OVERVIEW 137 INVESTMENT CLIMATE 137 OFFICE MARKET OVERVIEW OF SAINT-PETERSBURG 143 ELITE RESIDENTIAL MARKET OVERVIEW OF SAINT- PETERSBURG 148 BUSINESS CLASS RESIDENTIAL MARKET OVERVIEW OF SAINT-PETERSBURG 152 OFFICE MARKET OVERVIEW. MOSCOW 157 REVIEW OF THE RESIDENTIAL PROPERTY MARKET OF MOSCOW, ‘NEW’ MOSCOW AND MOSCOW REGION 167 REVIEW OF THE ELITE RESIDENTIAL PROPERTY MARKET OF MOSCOW 167 REVIEW OF THE BUSINESS-CLASS RESIDENTIAL PPOPERTY MARKET OF MOSCOW 171 REVIEW OF THE ECONOMY-CLASS RESIDENTIAL PPOPERTY MARKET OF MOSCOW 175 REVIEW OF THE RESIDENTIAL PROPERTY MARKET OF ‘NEW’ MOSCOW 176 REVIEW OF THE RESIDENTIAL PPOPERTY MARKET OF MOSCOW REGION 180 REVIEW OF THE RESIDENTIAL PPOPERTY MARKET OF EKATERINBURG 183 P. 3 COLLIERS INTERNATIONAL Prepared for: 05 March 2015 JSC ‘LSR Group’ For the attention of The Directors JSC ‘LSR Group’ 36, liter Б, 15H, Kazanskaya Street St. Petersburg, 190031 Russia Regarding the valuation of 52 real estate properties located in St. Petersburg, Leningrad Region, Moscow, Moscow Region, and Yekaterinburg, Russia 1. INSTRUCTIONS In accordance with valuation agreement # 224/11-14 dated December 29, 2014 (hereinafter referred to as “Agreement”) between LSR Group Joint Stock Company (hereinafter referred to as “Client”) and Colliers International Ltd. (hereinafter referred to as “Company”), whereas all services, entrusted to the Company by the Client with the Agreement and appearing to be the subject of the Agreement, are rendered by employees of the Company (hereinafter referred to as “Appraiser”, “Appraisers”), Appraiser estimated the market value of 53 real estate properties located at St. Petersburg and the Leningrad Region, Moscow and the Moscow Region, Yekaterinburg, Russia (hereinafter referred to as – «Subject Properties», «Properties»). The valuation date is 31 December 2015. The properties were inspected by the Appraisers in the period of January 20-24, 2015. This valuation is prepared for the purpose of annual management reporting (annual statement) and can be used for no other purpose. The properties that are the subject of this Valuation Report, each a “Property” and together the “Properties” are listed as follows: P. 4 COLLIERS INTERNATIONAL Presold / Breakdown of areas (unsold / unleased net area), sq m Net Net Estimat preleased Constru sellable / unsold / ed of net ction Site Gross leasable unleased comple Project sellable / N start Development Development Project Address Area, buildable area, excl. net area, tion completion, leasable Tenure o date strategy ha area, sq m car excl. car Residential Offices Retail Other Parking, lots date % areas, (month / parking, parking, (month excl. car year) sq m sq m / year) parking, % Saint Petersburg & the Leningrad Region Existing buildings Commercial properties 1 Kazanskaya 36 Kazanskaya street, 36 0,25 7 434,00 4 764,40 4 764,40 completed 100% 0% Freehold Hold 2 Zolotaya Kazanskaya Kazanskaya street, 44 0,15 3 060,60 2 677,20 2 677,20 completed 100% 0% Freehold Hold Litera A, 39, Kirochnaya 3 Paradniy Quarter BC 11 9,57 3 806,30 2 558,60 2 558,60 completed 100% 0% Freehold Hold Street 4 Kazanskaya 60 Litera A, 18, Fonarny Line 2 212,80 2 027,46 2 027,46 completed 100% 0% Freehold Hold Total existing buildings 12 028 Properties held for future development Land plots for residential development Ruch`I Tsvetnoy Gorod Piskarevskiy Avenue , 145 429,29 5 458 098 2 960 380 2 960 380 2 509 690 450 690 0 0 25 686 Jan-16 Dec-24 4% 0% Freehold Build and Sell 5 Total Properties held for future development 2 960 380 Properties in the course of development Elite class residential 6 Smolniy Park Smolnogo St., bld. 4, lit. A 8,65 169 642 99 807 37 020 26 511 10 508 0 0 693 Jun-10 Dec-16 80% 63% Leasehold Build and Sell - Phase 1, bldgs. Б1 38 231 25 653 1 361 1 361 0 0 0 41 Jun-10 Jul-12 100% 95% Leasehold Sell 8,65 Phase 2, bldgs. Б2,5,6 - 40 032 24 503 6 151 5 139 1 012 0 0 123 Mar-12 Dec-14 100% 75% Leasehold Sell Phase 3, bldgs. Б8,9,10,12,13 - 49 844 22 740 4 011 4 011 0 0 0 415 Nov-12 Dec-15 76% 82% Leasehold Build and Sell Phase 4, bldgs. Б3,4,7,11,14 - 41 535 26 910 25 496 16 000 9 496 0 0 114 Nov-13 Dec-16 52% 5% Leasehold Build and Sell 7 Paradniy Quarter (residential) Paradnaya St., 1-3 9,57 118 925 64 906 816 762 54 0 0 258 Jul-10 Mar-14 100% 99% Federal ownership Sell Phase 3, bldgs 6,7 60 316 33 491 54 0 54 0 0 113 Jul-10 Oct-12 100% 100% Federal ownership Sell 9,57 Phase 3, bldgs. 4,5,8 58 609 31 415 762 762 0 0 0 145 Aug-11 Mar-14 100% 98% Federal ownership Sell 8 Radisheva 39 Radisheva St., 39 liter M 0,85 31 923 20 818 1 752 1 199 553 0 0 45 Feb-13 Aug-15 79% 92% Freehold Build and Sell 9 Verona Morskoy prospect, 29, lit. A 0,36 20 830 11 749 8 608 7 057 1 325 0 227 111 Jan-15 Aug-17 32% 27% Freehold Build and Sell 10 Kovenskiy 5 Kovenskiy lane, 5 0,39 12 324 5 871 174 174 0 0 0 6 Jun-11 Apr-13 100% 97% Leasehold Sell 11 Dom na Dvoryanskoy Kuybisheva street, 13 liter B 0,19 8 787 6 386 2 134 2 134 0 0 0 35 Feb-13 May-15 75% 67% Freehold Build and Sell 12 Russkiy Dom Korolenko St., 5, 5A 2,40 93 725 54 788 54 614 48 947 5 668 0 0 485 Mar-15 Jan-19 2% 0% Freehold Build and Sell Business class residential Litera Ж, 10, Medikov 13 Europa City 7,36 135 554 84 456 57 733 55 287 2 446 - 0 492 Mar-12 Nov-16 53% 32% Freehold Build and Sell Avenue, Petrogradsky District Phase 3 70 109 42 911 21 406 20 445 961 0 0 303 Mar-12 Nov-15 64% 50% Freehold Build and Sell Phase 4 65 445 41 545 36 327 34 843 1 485 0 0 189 Apr-13 Nov-16 41% 13% Freehold Build and Sell P. 5 COLLIERS INTERNATIONAL N Site Gross Net Net Constru Estimat Project Presold / Development Development Project Address Breakdown of areas (unsold / unleased net area), sq m Tenure o Area, buildable sellable / unsold / ction ed completion, preleased strategy 14 Tri Vetra 151, Savushkina Street, 3,05ha area,108 246sq m leasable53 850 unleased53 850 52 684 1 166 0 0 703 Julstart-13 compleDec-18 13%% of0% net Investment contract Build and Sell 15 Smolenskaya 14 14, Smolenskaya Street 0,69 34 352 area,23 090 excl. net23 area,090 22 440 650 0 0 251 Aprdate-15 Jantion-18 17% sellable0% / Freehold Build and Sell car excl. car (month / date leasable Mass market residential parking, parking, year) (month areas, sq m sq m / year) excl. car Doblesti Street, Quarter 28, 16 Yuzhnaya Aquatoriya 23,90 523 065 310 766 168 101 152 999 15 102 0 0 2 483 Nov-12 Dec-18 29% parking,46% Leasehold Build and Sell 28A % Phase 1 39 004 4 595 4 595 0 0 0 300 Feb-13 Dec-16 41% 88% Leasehold Build and Sell Phase 2 62 877 1 702 1 580 122 0 0 600 Nov-12 Mar-16 66% 97% Leasehold Build and Sell Phase 3 25 000 25 000 25 000 0 0 0 300 Feb-15 Dec-18 11% 0% Leasehold Build and Sell Phase 4 23,90 56 548 49 169 46 339 2 830 0 0 331 Jul-14 Jan-18 15% 13% Leasehold Build and Sell Phase 5 12 000 1 868 893 976 0 0 52 Jun-14 Jan-18 17% 84% Leasehold Build and Sell Phase 6 83 830 83 830 72 655 11 175 0 0 600 Sep-14 Dec-18 13% 0% Leasehold Build and Sell Phase 7 31 507 1 937 1 937 0 0 0 300 Jan-14 Dec-17 37% 94% Leasehold Build and Sell 17 Aurora 9A, Belysheva Street 15,00 415 033 256 071 933 469 464 0 0 0 Jul-11 Jun-14 100,0% 99,6% Leasehold Sell 18 Sophia 47, 55, 59, Yuzhnoe Highway 21,90 466 416 311 430 124 795 122 576 2 219 0 0 1 576 Mar-13 Dec-17 55% 60% Freehold Build and Sell 19 Kalina Park 12, Marshala Blukhera 34,45 544 700 335 917 240 780 239 053 1 728 0 0 1 176 Feb-12 Dec-18 43,5% 28% Freehold Build and Sell Litera D, 3, Moskovskoe 20 Viva 9,15 148 064 102 984 13 026 12 358 668 0 0 236 May-12 Jun-17 85% 87% Freehold Build and Sell Highway, 21 Kvartet 27, Dunaysky Avenue 6,17 155 863 109 570 18 284 18 284 0 0 0 504 Nov-12 Dec-16 47,5% 83% Freehold Build and Sell 22 Shuvalovskiy Parashutnaya Street 30,90 680 716 422 134 347 824 345 377 2 447 0 0 2 455 Jul-14 Dec-20 10% 18% Freehold Build and Sell 23 Novaya Okhta Murinskaya Road 104,74 1 241 545 794 577 469 220 458 657 10 564 0 0 5 772 Sep-12 Dec-18 38,6% 41% Freehold
Load more

Recommended publications
  • Expiry Notice
    Expiry Notice 19 January 2018 London Stock Exchange Derivatives Expiration prices for IOB Derivatives Please find below expiration prices for IOB products expiring in January 2018: Underlying Code Underlying Name Expiration Price AFID AFI DEVELOPMENT PLC 0.1800 ATAD PJSC TATNEFT 58.2800 FIVE X5 RETAIL GROUP NV 39.2400 GAZ GAZPROM NEFT 23.4000 GLTR GLOBALTRANS INVESTMENT PLC 9.9500 HSBK JSC HALYK SAVINGS BANK OF KAZAKHSTAN 12.4000 HYDR PJSC RUSHYDRO 1.3440 KMG JSC KAZMUNAIGAS EXPLORATION PROD 12.9000 LKOD PJSC LUKOIL 67.2000 LSRG LSR GROUP 2.9000 MAIL MAIL.RU GROUP LIMITED 32.0000 MFON MEGAFON 9.2000 MGNT PJSC MAGNIT 26.4000 MHPC MHP SA 12.8000 MDMG MD MEDICAL GROUP INVESTMENTS PLC 10.5000 MMK OJSC MAGNITOGORSK IRON AND STEEL WORKS 10.3000 MNOD MMC NORILSK NICKEL 20.2300 NCSP PJSC NOVOROSSIYSK COMM. SEA PORT 12.9000 NLMK NOVOLIPETSK STEEL 27.4000 NVTK OAO NOVATEK 128.1000 OGZD GAZPROM 5.2300 PLZL POLYUS PJSC 38.7000 RIGD RELIANCE INDUSTRIES 28.7000 RKMD ROSTELEKOM 6.9800 ROSN ROSNEFT OJSC 5.7920 SBER SBERBANK 18.6900 SGGD SURGUTNEFTEGAZ 5.2450 SMSN SAMSUNG ELECTRONICS CO 1148.0000 SSA SISTEMA JSFC 4.4200 SVST PAO SEVERSTAL 16.8200 TCS TCS GROUP HOLDING 19.3000 TMKS OAO TMK 5.4400 TRCN PJSC TRANSCONTAINER 8.0100 VTBR JSC VTB BANK 1.9370 Underlying code Underlying Name Expiration Price D7LKOD YEAR 17 DIVIDEND LUKOIL FUTURE 3.2643 YEAR 17 DIVIDEND MMC NORILSK NICKEL D7MNOD 1.8622 FUTURE D7OGZD YEAR 17 DIVIDEND GAZPROM FUTURE 0.2679 D7ROSN YEAR 17 DIVIDEND ROSNEFT FUTURE 0.1672 D7SBER YEAR 17 DIVIDEND SBERBANK FUTURE 0.3980 D7SGGD YEAR 17 DIVIDEND SURGUTNEFTEGAZ FUTURE 0.1000 D7VTBR YEAR 17 DIVIDEND VTB BANK FUTURE 0.0414 Members are asked to note that reports showing exercise/assignments should be available by approx.
    [Show full text]
  • Hals-2008-Eng.Pdf
    Annual Report, 2008 Creating foundation for further development Table of contents Disclaimer 4 Part 4 Corporate overview 6 PORTFOliO and STATUS OF THE PROJECTS, Key events in 2008 8 OVERVIEW OF BUSINESS PERFORMANCE 56 Portfolio and status of the projects 58 Overview of business performance 78 Part 1 LETTERS FROM THE CHAIRMAN OF THE BOARD OF DIRECTORS AND THE PRESidENT – Part 5 CHaiRMan OF THE ManaGEMENT BOARD 10 INFORMATION FOR SHAREHOldERS, REPORTS ON CORPORATE GOVERNANCE AND SOCIAL Letter from the Chairman of the Board of Directors 12 RESPONSIBILITY 80 Letter from the President – Chairman of the Management Board 14 Information for shareholders 82 Corporate governance report 88 Corporate social responsibility 102 Part 2 MiSSION and STRATEGY, RESULTS AND MAJOR OBJECTIVES 18 Part 6 CONSOlidaTED Financial STATEMENTS FOR 2008 108 Mission and strategy 20 Review of results and major objectives 22 Part 7 AppEndiXES 156 Part 3 REviEW OF Financial RESulTS Report on compliance with the Corporate Governance Code AND REAL ESTATE MARKET 24 of the FCSM 158 Review of financial results for 2008 26 Information on major and interested party transactions 168 Overview of real estate market 40 Event calendar 171 Glossary 172 Contact information 176 Feedback 177 to table of contents Sistema-Hals Annual Report 2008 Sistema-Hals Annual Report 2008 Disclaimer This annual report has been prepared based on the in- The Company neither confirms nor guarantees that the formation available to the Open Joint Stock Company results indicated in these projection statements will be Sistema-Hals (hereinafter, Sistema-Hals or the Company) achieved. Sistema-Hals accepts no responsibility for any and its subsidiaries (hereinafter, Sistema-Hals Group or losses that may be incurred by any individual or legal en- the Group) as at the issue date.
    [Show full text]
  • Q3 2014 IR Presentation FINANCIAL & BUSINESS RESULTS
    Q3 2014 IR Presentation FINANCIAL & BUSINESS RESULTS November 2014 Disclaimer This document does not constitute or form part of and should not be construed as, an offer to sell or issue or the solicitation of an offer to buy or acquire securities of AFI Development Plc (the "Company") or any of its subsidiaries in any jurisdiction or an inducement to enter into investment activity. No part of this document, nor the fact of its distribution, should form the basis of, or be relied on in connection with, any contract or commitment or investment decision whatsoever. No representation, warranty or undertaking, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or the opinions contained herein. None of the Company or any of its affiliates, advisors or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this document or its contents or otherwise arising in connection with the document. This communication is only being distributed to and is only directed at (1) qualified institutional buyers (within the meaning of Rule 144A of the United States Securities Act of 1933, as amended (the "Securities Act") or (2) accredited investors (as defined in Rule 501(a) of Regulation D adopted pursuant to the Securities Act). Any person who is not a "qualified institutional buyer" or "accredited investor" should not act or rely on this document or any of its contents. This document contains "forward-looking statements", which include all statements other than statements of historical facts, including, without limitation, any statements preceded by, followed by or that include the words "targets", "believes", "expects", "aims", "intends", "will", "may", "anticipates", "would", "could" or similar expressions or the negative thereof.
    [Show full text]
  • Notes on Moscow Exchange Index Review
    Notes on Moscow Exchange index review Moscow Exchange approves the updated list of index components and free float ratios effective from 16 March 2018. X5 Retail Group N.V. (DRs) will be added to Moscow Exchange indices with the expected weight of 1.13 per cent. As these securities were offered initially, they were added without being in the waiting list under consideration. Thus, from 16 March the indices will comprise 46 (component stocks. The MOEX Russia and RTS Index moved to a floating number of component stocks in December 2017. En+ Group plc (DRs) will be in the waiting list to be added to Moscow Exchange indices, as their liquidity rose notably over recent three months. NCSP Group (ords) with low liquidity, ROSSETI (ords) and RosAgro PLC with their weights now below the minimum permissible level (0.2 per cent) will be under consideration to be excluded from the MOEX Russia Index and RTS Index. The Blue Chip Index constituents remain unaltered. X5 Retail Group (DRs), GAZ (ords), Obuvrus LLC (ords) and TNS energo (ords) will be added to the Broad Market Index, while Common of DIXY Group and Uralkali will be removed due to delisting expected. TransContainer (ords), as its free float sank below the minimum threshold of 5 per cent, and Southern Urals Nickel Plant (ords), as its liquidity ratio declined, will be also excluded. LSR Group (ords) will be incuded into SMID Index, while SOLLERS and DIXY Group (ords) will be excluded due to low liquidity ratio. X5 Retail Group (DRs) and Obuvrus LLC (ords) will be added to the Consumer & Retail Index, while DIXY Group (ords) will be removed from the Index.
    [Show full text]
  • An Overview of Boards of Directors at Russia's Largest Public Companies
    An Overview Of Boards Of Directors At Russia’s Largest Public Companies Andrei Rakitin Milena Barsukova Arina Mazunova Translated from Russian August 2020 Key Results According to information disclosed by 109 of Russia’s largest public companies: “Classic” board compositions of 11, nine, and seven seats prevail The total number of persons on Boards of the companies under study is not as low as it might seem: 89% of all Directors were elected to only one such Board Female Directors account for 12% and are more often elected to the audit, nomination, and remuneration committees than to the strategy committee Among Directors, there are more “humanitarians” than “techies,” while the share of “techies” among chairs is greater than across the whole sample The average age for Directors is 53, 56 for Chairmen, and 58 for Independent Directors Generation X is the most visible on Boards, and Generation Y Directors will likely quickly increase their presence if the impetuous development of digital technologies continues The share of Independent Directors barely reaches 30%, and there is an obvious lack of independence on key committees such as audit Senior Independent Directors were elected at 17% of the companies, while 89% of Chairs are not independent The average total remuneration paid to the Board of Directors is RUR 69 million, with the difference between the maximum and minimum being 18 times Twenty-four percent of the companies disclosed information on individual payments made to their Directors. According to this, the average total remuneration is approximately RUR 9 million per annum for a Director, RUR 17 million for a Chair, and RUR 11 million for an Independent Director The comparison of 2020 findings with results of a similar study published in 2012 paints an interesting dynamic picture.
    [Show full text]
  • Vladimir Putin Just Wants to Be Friends P42 ADVERTISEMENT
    September 12 — September 18, 2016 | bloomberg.com Vladimir Putin just wants to be friends p42 ADVERTISEMENT WORLD CLASS AS STANDARD Bringing It All Together For results to meet expectations, belief in preparation and teammates benefits world-class golfers and investors One nickname for them was the Spanish matches, European captain Tony Jacklin Rotella. “For some players it’s a new expe- Armada, although they fared much better sent his planned pairings out to play nine- ULHQFHDQGWKH\·YHQHYHUKDGWRVDFULÀFH DW7KH5\GHU&XSWKDQWKHLOOIDWHGÁHHW hole small-money matches. Ballesteros a lot for the good of the team. Other guys of 1588 did in war. Beginning in 1987, DQG2OD]iEDO³SOD\LQJWRJHWKHUIRUWKHÀUVW ORYHEHLQJXQVHOÀ V K W H D PSOD\HUV,Q7KH and paired together over four consecutive time ever as partners—squared off against Ryder Cup, knowing ahead of time who Ryder Cups for eight matches in foursomes Bernhard Langer and Ken Brown for $10, you are going to be paired with, and to be (alternate shot) and seven in four-ball and were two down with two holes to play. excited about that, is a big deal. When you (best ball), Spaniards Seve Ballesteros On the eighth hole, Ballesteros holed out UHDOO\ÀQGRXWLI\RX·UHFORVHO\NQLWLVZKHQ and José María Olazábal ran up a record from a bunker to win. One down. On the you get down in a match. That’s when you of 11-2-2—by far the most successful ninth, Olazábal rammed in a 20-foot birdie À Q G RXWLI\RXEHOLHYHLQHDFKRWKHUDQG partnership in the history of the event. putt to win.
    [Show full text]
  • Significant Growth Potential for KONE in Russia
    KONE Capital Markets Day 2008 Significant growth potential for KONE in Russia Klaus Cawén Executive Vice President, M&A and Strategic Alliances, Russia, Legal Affairs Significant growth potential for KONE in Russia Rapidly growing economy One of the top ten elevator markets KONE uniquely positioned to drive growth Capital City, Moscow 2 May 7, 2008 © KONE Corporation l Capital Markets Day l Klaus Cawén Rapidly growing economy Strong GDP growth 140 million population – mostly urban High disposable income – high consumption Antey-III, Yekaterinburg 3 May 7, 2008 © KONE Corporation l Capital Markets Day l Klaus Cawén Strong GDP growth 12 10 8 6 4 2 0 2000 2001 2002 2003 2004 2005 2006 2007 Note: Real GDP Growth Source: Bank of Finland 4 May 7, 2008 © KONE Corporation l Capital Markets Day l Klaus Cawén In addition to Moscow and St. Petersburg there are 11 cities with a population exceeding one million Cities by Number of Inhabitants (Millions) Moscow St Petersburg St Petersburg Novosibirsk Nizhny Novgorod Rural Moscow Yekaterinburg 26% Samara Omsk Nizhniy Novgorod Perm Perm Rostov-na-Donu Kazan Kazan Samara Yekaterinburg Ufa Urban Ufa Chelyabinsk Chelyabinsk 74% Rostov-on-Don Volgograd Omsk Volgograd 0 1 2 3 4 5 6 7 8 9 Novosibirsk Source: United Nations Population density and urbanization statistics 5 May 7, 2008 © KONE Corporation l Capital Markets Day l Klaus Cawén Source: United Nations Population Division estimates and projections High disposable income Unleashed hungry urban consumers 13% flat income tax Growing middle class
    [Show full text]
  • Dead Heroes and Living Saints: Orthodoxy
    Dead Heroes and Living Saints: Orthodoxy, Nationalism, and Militarism in Contemporary Russia and Cyprus By Victoria Fomina Submitted to Central European University Department of Sociology and Social Anthropology In partial fulfillment of the requirements for the degree of Doctor of Philosophy Supervisors: Professor Vlad Naumescu Professor Dorit Geva CEU eTD Collection Budapest, Hungary 2019 Budapest, Hungary Statement I hereby declare that this dissertation contains no materials accepted for any other degrees in any other institutions and no materials previously written and / or published by any other person, except where appropriate acknowledgement is made in the form of bibliographical reference. Victoria Fomina Budapest, August 16, 2019 CEU eTD Collection i Abstract This dissertation explores commemorative practices in contemporary Russia and Cyprus focusing on the role heroic and martyrical images play in the recent surge of nationalist movements in Orthodox countries. It follows two cases of collective mobilization around martyr figures – the cult of the Russian soldier Evgenii Rodionov beheaded in Chechen captivity in 1996, and two Greek Cypriot protesters, Anastasios Isaak and Solomos Solomou, killed as a result of clashes between Greek and Turkish Cypriot protesters during a 1996 anti- occupation rally. Two decades after the tragic incidents, memorial events organized for Rodionov and Isaak and Solomou continue to attract thousands of people and only seem to grow in scale, turning their cults into a platform for the production and dissemination of competing visions of morality and social order. This dissertation shows how martyr figures are mobilized in Russia and Cyprus to articulate a conservative moral project built around nationalism, militarized patriotism, and Orthodox spirituality.
    [Show full text]
  • Trains and by Other Means of Transportation I Was Mapping the Possibilities of Movement of Individuals Within Large Urban Environments
    2019 THESIS East by Northeast or Performing the (mega)City: Movement of a Body Through Transportation Networks ANTONÍN BRINDA I.o Příbor, Czech Republic, before departure LIVE ART AND PERFORMANCE STUDIES 2019 THESIS LIVE ART AND PERFORMANCE STUDIES ABSTRACT DATE: 7.12.2019 AUTHOR MASTER’S OR OTHER DEGREE PROGRAMME Antonín Brinda Live Art and Performance Studies TITLE OF THE WRITTEN NUMBER OF PAGES + APPENDICES IN THE WRITTEN SECTION/THESIS SECTION East by Northeast or Performing the (mega)City: Movement of a 216 pages Body Through Transportation Networks TITLE OF THE ARTISTIC/ ARTISTIC AND PEDAGOGICAL SECTION East by Northeast The artistic section is produced by the Theatre Academy. The artistic section is not produced by the Theatre Academy (copyright issues have been resolved). No record exists of the artistic section. Supervisor/s: Ray Langenbach and Giacomo Bottà The final project can be The abstract of the final project can published online. This Yes be published online. This Yes permission is granted No permission is granted for an No for an unlimited unlimited duration. duration. This thesis deals mainly with my final artistic research work East by Northeast which was conducted across two continents, took several months and involved dozens of people. The project consists of photos, videos, audios, writings, maps, performances, discussions, presentations, artist talks, and one workshop. The main (impossible?) goal/research question was finding ways how to articulate, how to perform (mega)cities through the movement of the body through their transportation networks. I have worked with and within (mega)cities of Moscow (Russia), Ulaanbaatar (Mongolia) and Beijing (China).
    [Show full text]
  • BR IFIC N° 2581 Index/Indice
    BR IFIC N° 2581 Index/Indice International Frequency Information Circular (Terrestrial Services) ITU - Radiocommunication Bureau Circular Internacional de Información sobre Frecuencias (Servicios Terrenales) UIT - Oficina de Radiocomunicaciones Circulaire Internationale d'Information sur les Fréquences (Services de Terre) UIT - Bureau des Radiocommunications Part 1 / Partie 1 / Parte 1 Date/Fecha 31.10.2006 Description of Columns Description des colonnes Descripción de columnas No. Sequential number Numéro séquenciel Número sequencial BR Id. BR identification number Numéro d'identification du BR Número de identificación de la BR Adm Notifying Administration Administration notificatrice Administración notificante 1A [MHz] Assigned frequency [MHz] Fréquence assignée [MHz] Frecuencia asignada [MHz] Name of the location of Nom de l'emplacement de Nombre del emplazamiento de 4A/5A transmitting / receiving station la station d'émission / réception estación transmisora / receptora 4B/5B Geographical area Zone géographique Zona geográfica 4C/5C Geographical coordinates Coordonnées géographiques Coordenadas geográficas 6A Class of station Classe de station Clase de estación Purpose of the notification: Objet de la notification: Propósito de la notificación: Intent ADD-addition MOD-modify ADD-ajouter MOD-modifier ADD-añadir MOD-modificar SUP-suppress W/D-withdraw SUP-supprimer W/D-retirer SUP-suprimir W/D-retirar No. BR Id Adm 1A [MHz] 4A/5A 4B/5B 4C/5C 6A Part Intent 1 106088371 BEL 0.3655 BRASSCHAAT BEL 4E31'00'' 51N20'00'' AL 1 SUP 2 106087638
    [Show full text]
  • Investment from Russia Stabilizes After the Global Crisis 1
    Institute of World Economy and International Relations (IMEMO) of Russian Academy of Sciences Investment from Russia stabilizes after the global crisis 1 Report dated June 23, 2011 EMBARGO: The contents of this report must not be quoted or summarized in the print, broadcast or electronic media before June 23, 2011, 3:00 p.m. Moscow; 11 a.m. GMT; and 7 a.m. New York. Moscow and New York, June 23, 2011 : The Institute of World Economy and International Relations (IMEMO) of the Russian Academy of Sciences, Moscow, and the Vale Columbia Center on Sustainable International Investment (VCC), a joint undertaking of the Columbia Law School and the Earth Institute at Columbia University in New York, are releasing the results of their second joint survey of Russian outward investors today 2. The survey is part of a long-term study of the rapid global expansion of multinational enterprises (MNEs) from emerging markets. The present survey, conducted at the beginning of 2011, covers the period 2007-2009. Highlights Despite the global crisis of the last few years, Russia has remained one of the leading outward investors in the world. The foreign assets of Russian MNEs have grown rapidly and only China and Mexico are further ahead among emerging markets. As the results of our survey show, several non- financial 3 Russian MNEs are significant actors in the world economy. The foreign assets of the 20 leading non-financial MNEs were about USD 107 billion at the end of 2009 (table 1). Their foreign sales 4 were USD 198 billion and they had more than 200,000 employees abroad.
    [Show full text]
  • Influence of Different Factors on the Sediment Yield of the Oka Basin Rivers (Central Russia)
    Sediment Dynamics and the Hydromorphology of Fluvial Systems (Proceedings of a symposium held in 28 Dundee, UK, July 2006). IAHS Publ. 306, 2006. Influence of different factors on the sediment yield of the Oka basin rivers (central Russia) VALENTIN GOLOSOV Laboratory for Soil Erosion and Fluvial Processes, Faculty of Geography, Moscow State University, GSP-2, 119992, Moscow, Russia [email protected] Abstract In order to investigate links between basin/land-use characteristics and sediment fluxes of rivers within the Oka River basin, a database has been compiled from observations obtained at 25 gauging stations located in different parts of the basin. Relatively high correlations have been found between sediment yield from basin hillslopes and river sediment yield for: (i) rivers of the forest and northern part of forest-steppe zones (r2 = 0.50); and (ii) rivers of forest-steppe zones (r2 = 0.52). A linear positive relationship (r2 = 0.71) has been found between sediment delivery ratio and weighted average gradient of river channel separately for the large river basins and small river basins of the forest zone. A negative relationship between sediment delivery ratio and forested area within basins is found separately for the small (S < 2500 km2) rivers and large rivers of the Oka River basin. The influence of other factors as well as the problem of small river aggradation is also discussed. Key words erosion; gauging station; river aggradation; Russia; sediment yield INTRODUCTION Under natural conditions, the contribution of the basin-derived sediment yield component decreases and the channel-derived component increases slowly from the upper parts of fluvial systems to the large river basins (Dedkov & Mozzerin, 2000).
    [Show full text]