Residential Real Estate Market Overview Residential Real Estate Market Overview Q1 Q1 2013 Residential Real Estate 2013

Total Page:16

File Type:pdf, Size:1020Kb

Residential Real Estate Market Overview Residential Real Estate Market Overview Q1 Q1 2013 Residential Real Estate 2013 RESIDENTIAL REAL ESTATE Q1 2013 MARKET OVERVIEW RESIDENTIAL REAL ESTATE MARKET OVERVIEW RESIDENTIAL REAL ESTATE MARKET OVERVIEW Q1 Q1 2013 RESIDENTIAL REAL ESTATE 2013 Content Summary…………………………………………………………………………………….……………... 3 Residential real estate. Russia. Moscow region. Residential construction……………...………….. 5 Residential real estate. Moscow…………………………………………………………………………. 6 Residential real estate. Elite segment. Moscow. Sale..……………………………..………………… 9 Residential real estate. Elite segment. Moscow. Rent………………………….…………………….. 12 Residential real estate. Moscow region……………………………………...................................... 16 Residential real estate. New Moscow………………………………………………………………..... 19 Countryside. Land market………………………………………………………………………………. 21 All rights reserved. This report has been prepared for information purposes only. The data and information contained herein are the exclusive property of Blackwood Real Estate company. Reproduction of the report in total or in part is allowed only with a prior written permission of the Blackwood real estate company. Quoting is allowed with refer- ence to the source. RESIDENTIAL REAL ESTATE MARKET OVERVIEW Q1 RESIDENTIAL REAL ESTATE 2013 Russia. Moscow Region. Residential construction According to Rosstat data, 10.4 mln. sq.m. of residential areas Dynamics of residential construction volumes in Russia entered the Russian market. These indices exceeded the indica- tors of the past year by 6%. And the plans for residential delivery also increased: 70 mln. sq.m were planned to be introduced in 2013. For comparison: the delivery indicator stayed at the level of 58-65 mln. sq. m. in the last years. For the first three months of 2013 the Moscow Region - a sta- ble leader in residential construction of the past years—ranked first by the commissioning volumes. 889 thous. sq.m of residential space were introduced to the market here for the period under consideration. The Krasnodar Kray ranked second by the delivery volumes, 876 thous. sq.m. were delivered here, Tatarstan fol- lowed—759 thous. sq.m. Source: Rosstat By the results of Q1 2013, 636 thous. sq.m. (30 houses) en- tered the Moscow market and more than 300 thous. sq.m. en- Monthly volumes of residential release in Russia tered the territory of New Moscow. All in all, 3 mln. sq.m. of resi- dential space are planned for commissioning in 2013, including 680 thous. sq.m. at the expense of the city budget. The plan for the development of adjacent territories in 2013 constitutes 1.1 mln. sq.m. Monthly volumes of residential release in Moscow* Source: Rosstat * - data on the federal city of Moscow and the Moscow Region are presented with account of change of their border since 1 July 2012 in accordance with the decision of The Council of Federation of the Federal Assembly of the Russian Federation as of December 27 2011. No 560-SF. Source: Rosstat Leaders by the construction of residential houses among the entities of RF in January-March 2013, thous. sq.m.* Source: Rosstat 3 RESIDENTIAL REAL ESTATE MARKET OVERVIEW Q1 RESIDENTIAL REAL ESTATE 2013 Moscow. Supply During Q1 2013 the supply in the primary market of Moscow Supply structure in the primary market by AD of Moscow, was still in the process of increasing by new properties. Even in March 2013 January, which is considered to be a period of low activity in the residential real estate market due to long New Year holidays, the market increased by several new properties. However, as op- posed to the previous periods, almost half of new supply in Q1 2013 consisted of apartment complexes. All in all, 18 new properties (residential houses, buildings in the structure of residential complexes) entered the Moscow mar- ket in Q1 2013 both in the residential segment and in the seg- ment of apartments. The volume of new supply amounted to about 130 thous. sq.m, almost half of which—apartment com- plexes of comfort-, business– and elite classes. Traditional busi- Supply structure in the secondary market by AD of Moscow, ness and comfort class residential complexes constitute more or March 2013 less similar volume of new supply (by 20%), 10% - new econ- omy class offers. New supply in the elite segment constitutes another 2%. More detailed information for some properties is presented below in a spreadsheet. The aggregate supply volume in the primary market by the results of Q1 2013 stayed at the level of the previous period and amounted to 1.4 mln. sq.m (with account of apartments and elite new buildings) or 262 properties. The supply structure in the primary market of Moscow looked Source: Blackwood Company data as follows in Q1 2013: n Q1 2013, comfort class primary segment increased by a new • Business class occupied 43% of the total supply volume; building in a multifunctional complex in Melnikova str. (bld.4), in • Economy and comfort class new buildings constitute al- RC “Life-Volzhskaya” (bld. 6), as well as by two new buildings in most one fourth of the total supply; RC “Wellton Park” (bld. 16, 17). The supply volume in these prop- • Elite new buildings constitute about 12%; erties amounted to about 27.8 thous. sq.m. Moreover, sales were resumed in the buildings of RC “Zagorie”, new volume was re- • Offers in elite, business and comfort class apartment leased in RC complexes—a little bit more than 20%. “Albatros” and “Podsolnukhi”. New offers for sale in a business class segment in Q1 2013 New supply of the economy class segment in Q1 2013 was were presented in RC “Sokoliny Fort” (2, 1st Myasnitskaya str.), represented by a new building in mcr. “Nekrasovka- in RC “Lomonosovsky” (8B, Panferova str.), as well as in some park” (developer is Leksion Development), which offered flats in other residential complexes already presented in the market. the shell&core condition. Some economy, comfort and business class properties introduced to the market in Q1 2013* Material of Address Name Developer Class AD District walls 2, 1st Myasnitskaya str. Sokoliny fort Don-Stroy Business EAD Bogorodskoe Monolith Novie Chere- Lomonos- 8B, Panferova str. Lomonosovsky Business SWAD Monolith mushki ovsky The intercrossing of Chistova str., Malisheva str., Shkuleva str. and 7th Life-Volzhskaya GC Pioneer Comfort SEAD Tekstilschiki Monolith Tekstilschikov str., bld. 6 Khoroshevo- Karamishevskaya emb., bld.16, 17 Wellton Park Krost Comfort NWAD Monolith Mnevniki 1, 3 Melnikova str., bld. 4 - Promstroyinvest Comfort SEAD Yuzhnoportovy Monolith Luberetskie aeration fields, quarter 4, Leksion Develop- Nekrasovka-park Economy SEAD Nekrasovka Panel bld. 3 ment Source: Blackwood Company data * - information, concerning elite class properties and apartment complexes, is presented in the corresponding sections 4 RESIDENTIAL REAL ESTATE MARKET OVERVIEW Q1 RESIDENTIAL REAL ESTATE 2013 Moscow. Demand In Q1 2013, according to Rosreestr Administration data, 14 Dynamics of a number of registered deals, Moscow 523 transactions* were concluded in Moscow, which were lower than the past year indices by 25%. The decline of volume of transactions was recorded in March, which was unconventional for this month, however, it may be referred to the change of cal- culation procedure. On the whole, buyers’ activity stayed high in the market, which was indicated by the growth of mortgage deals volumes and transactions concluded according to equity participation * agreement. Thus, 6 594 mortgage transactions were concluded in Q1 2013, which was 9% higher than the past year index. The largest increase was noted for the transactions con- Source: Rosreestr Administration cluded according to equity participation agreements. All in all, 4, 325 transactions were concluded in Q1 2013, which exceeded Volume of indebtedness under credits provided to individu- the indicators of 2012 almost fivefold. Volumes of indebtedness under credit for the purchase of residential space, including under mortgage credits, continued to grow. The average weighted mortgage rate in Moscow, accord- ing to Bank of Russia data constituted 12.7% by the end of January 2013**, the average weighted term of credit by mort- gage credits - 14.5 years (173.5 months). * - according to federal law No 302−FZ as of 30.12.12, registration of residential premise sale and purchase agreement has been cancelled since March 1. Only the transfer of right for the alienated property is subject to state registration. ** - the latest available data as of the date of the overview release Source: Bank of Russia data Moscow. Prices By the results of Q1 2013 the average-weighted supply Dynamics of prices, Moscow price in the primary market settled at the level of 196, 570 rub. per sq.m. (exclusive of elite segment, apartments and townhouses), the dollar equivalent—$6, 360 per sq.m. As opposed to the previous period the growth of this index in ruble equivalent was noted at the level of 5.1%. The analo- gous increase of the average price in dollars constituted +3.8%. The average supply price in the secondary residential market gained 2.4% versus Q4 2012 up to the level of 207, 340 rub. per sq.m ($6, 710 per sq.m). The analogous in- crease of the average price in dollars constituted +1.1%. By the results of Q1 2013 the average supply prices in the primary market depending on class were established at the fol- lowing levels: Source: Blackwood Company data 5 RESIDENTIAL REAL ESTATE MARKET OVERVIEW Q1 RESIDENTIAL REAL ESTATE 2013 Moscow. Prices • Economy class - 118, 010 rub. per sq.m ($3, 820 per Average prices in the residential market by districts of Mos- sq.m); cow, $ per sq.m, March 2013 • Comfort class - 145, 690 rub. per sq.m ($4, 720 per sq.m); • Business class - 228, 690 rub. per sq.m ($7, 400 per sq.m). And the trend of prices growth was noted in all the seg- ments of the primary residential market. The most consider- able growth (+6.8%) was noted in the comfort class segment, which was caused by the growth of prices in several proper- ties, and among other things by the growth of construction readiness stage, as well as by the delivery of new properties at rather high prices (the average supply price in new build- ings of RC “Wellton Park” in March 2013 constituted more than 195, 00 rub.
Recommended publications
  • James Rowson Phd Thesis Politics and Putinism a Critical Examination
    Politics and Putinism: A Critical Examination of New Russian Drama James Rowson A thesis submitted for the degree of Doctor of Philosophy Royal Holloway, University of London Department of Drama, Theatre & Dance September 2017 1 Declaration of Authorship I James Rowson hereby declare that this thesis and the work presented in it is entirely my own. Where I have consulted the work of others, this is always clearly stated. Signed: ______________________ Date: ________________________ 2 Abstract This thesis will contextualise and critically explore how New Drama (Novaya Drama) has been shaped by and adapted to the political, social, and cultural landscape under Putinism (from 2000). It draws on close analysis of a variety of plays written by a burgeoning collection of playwrights from across Russia, examining how this provocative and political artistic movement has emerged as one of the most vehement critics of the Putin regime. This study argues that the manifold New Drama repertoire addresses key facets of Putinism by performing suppressed and marginalised voices in public arenas. It contends that New Drama has challenged the established, normative discourses of Putinism presented in the Russian media and by Putin himself, and demonstrates how these productions have situated themselves in the context of the nascent opposition movement in Russia. By doing so, this thesis will offer a fresh perspective on how New Drama’s precarious engagement with Putinism provokes political debate in contemporary Russia, and challenges audience members to consider their own role in Putin’s autocracy. The first chapter surveys the theatrical and political landscape in Russia at the turn of the millennium, focusing on the political and historical contexts of New Drama in Russian theatre and culture.
    [Show full text]
  • Moscow, Russia
    Moscow, Russia INGKA Centres The bridge 370 STORES 38,6 MLN to millions of customers VISITORS ANNUALLY From families to fashionistas, there’s something for everyone meeting place where people connect, socialise, get inspired, at MEGA Belaya Dacha that connects people with inspirational experience new things, shop, eat and naturally feel attracted lifestyle experiences. Supported by IKEA, with more than to spend time. 370 stores, family entertainment and on-trend leisure and dining Our meeting places will meet people's needs & desires, build clusters — it’s no wonder millions of visitors keep coming back. trust and make a positive difference for local communities, Together with our partners and guests we are creating a great the planet and the many people. y w h e Mytischi o k v s la Khimki s o r a Y e oss e sh sko kov hel D RING RO c IR AD h ov Hwy TH S ziast ntu MOSCOW E Reutov The Kremlin Ryazansky Avenue Zheleznodorozhny Volgogradskiy Prospect Lyubertsy Kuzminki y Lyublino Kotelniki w H e o Malakhovka k s v a Dzerzhinsky h s r Zhukovskiy a Teply Stan V Catchment Areas People Distance Kashirskoe Hwy Lytkarino Novoryazanskoe Hwy ● Primary 1,600,000 < 20 km ● Secondary 1,600,000 20–35 km ● Tertiary 3,800,000 35–47 km Gorki Total area: <47 km: 7,000,000 Leninskiye Volodarskogo 55% 25 3 METRO 34 MIN CUSTOMERS BUS ROUTES STATIONS AVERAGE COME BY CAR NEAR BY COMMUTE TIME A region with Loyal customers MEGA Belaya Dacha is located at the heart of the very dynamic population development in strong potential the South-East of Moscow and attracts shoppers from all over Moscow and surrounding areas.
    [Show full text]
  • MEGA Belaya Dacha Le N in G R Y a D W S H V K Olo O E K E O O Mytischi Lam H K Sk W S O Y Av E
    MEGA Belaya Dacha Le n in g r y a d w s h V k olo o e k e o o Mytischi lam h k sk w s o y av e . sl o h r w a y Y M K Tver A Market overview D region Balashikha Dmitrov Krasnogorsk y Welcome v hw Sergiev-Posad hw uziasto oe y nt Klin Catchment Peoplesk Distance E Vladimir region izh or Reutov ov to MEGA N Mytischi Pushkin areas Schelkovo Belaya Dacha Moscow Zheleznodorozhny Primary 1,589,000 < 20 km Smolensk region Odintsovo N Naro-Fominsk o Podolsk v o ry a Klimovsk wy z Secondary 1,558,800 h 20–35 km a oe n k sk ins o Obninsk Kolomna M e y h hw w oe y Serpukhov Tertiary 3,787,300 35–47vsk km ALONG WITH LONDON’S WESTFIELD Kaluga region Kie AND ISTANBUL’S FORUM, MEGA BELAYA y y w Tula region h w h DACHA IS ONE OF EUROPE’S LARGEST e ko e Total area: 6,965,200 s o z h k RETAIL COMPLEXES. s lu Troitsk a v K a h s r a Domodedovo V It has more than 350 tenants and the centre Moscow has the highest density of retailers façade runs for four km. Major brands such of all Russian cities with tenants occupying as Auchan, Inditex brands, TopShop, H&M, 4.5 million square metres, according to fig- Uniqlo, T.G.I. Fridays, Debenhams, MAC, ures for 2013. Many world-famous retailers IKEA, OBI, MediaMarkt, Kinostar, Cosmic, have outlets here and the city is the first M.Video, Detsky Mir, Deti and Decathlon to show new trends.
    [Show full text]
  • Moscow, Russia
    Moscow, Russia INGKA Centres A marketplaceKonakovo with a difference 32 MLN VISITORS ANNUALLY A family friendly shopping destination with the total catchment spend, as well as 90% brand awareness, MEGA Khimki attracts area of 5.6 million people located within a densely populated people from a great distance. Recently cafes and restaurantsDmitrov district, MEGA Khimki is a shopping centre and meeting place zone was transformed into a gastronomic and socio-cultural for the local community, leisure destination and family day cluster — Taste Boulevard, which became the heart of MEGA out with a difference. Besides a well-balanced mix of fashion Khimki and local community. Here our guest could meet, stores and a wide food & beverage offering, the centre has communicate, celebrate, get new gastronomical experience a unique indoor fresh-market, where customers can buy groceries and create new traditions, shop, eat and naturally feel attracted produced and sold directly by farmers. Having IKEA, the market to spend time with family and friends. leader in home furnishingKlin as an anchor, a sizeable media Yakhroma L e n in g ra d 9 s kilometers to k o e Sheremetyevo s h o Int. Airport s s e Zelenograd y w h Istra e Mytischi o k s av sl o r a Y wy iastov H tuz En Krasnogorsk RING IRD ROA TH D Novori zhskoe MOSCOW Reutov shoss e The Kremlin Ryazansky Avenue Zheleznodorozhny Zvenigorod Volgogradskiy Prospect Catchment Areas People Distance Balashikha Ruza Lyubertsy ● Primary 691,847 16 km y w H ● Secondary 869,229 16–40km e o k Kashirskoe Hwy Belaya
    [Show full text]
  • Places in Moscow That Have to Be Visited
    Places in Moscow which have to be visited Оглавление SHOPPING CENTERS 3 GUM 3 TSUM 3 AVIAPARK 4 EVROPEISKY 4 AFIMALL CITY 4 MOSCOW PARKS. 5 GORKY CENTRAL PARK OF CULTURE AND LEISURE 5 TSARITSYNO MUSEUM-RESERVE 5 SOKOLNIKI PARK 6 MUZEON PARK OF ARTS 6 MUSEUMS 7 THE STATE DARWIN MUSEUM 7 THE STATE HISTORICAL MUSEUM 9 THE BASEL’S CATHERDRAL 10 MUSEUM OF THE PATRIOTIC WAR OF 1812 11 MUSEUM OF THE GREAT PATRIOTIC WAR, MOSCOW 12 THE STATE TRETYAKOV GALLERY 12 THE TRETYAKOV GALLERY ON KRYMSKY VAL 13 PRIVATE PHOTOGRAPHING IN THE GALLERY 14 ENGINEERING BUILDING AT LAVRUSHINSKY LANE, 12 15 PUSHKINS STATE MESEUM OF FINE ARTS 16 THE MUSEUM OF COSMONAUTICS 17 TOUR GROUPS 17 TOLSTOY HOUSE MUSEUM MOSCOW 18 Shopping centers GUM (pronounced [ˈɡum], an abbreviation of Russian: Глáвный универсáльный магазин, tr. Glávnyj Universáĺnyj Magazín literally "main universal store") With the façade extending for 242 m. along the eastern side of Red Square, the Upper Trading Rows (GUM) were built between 1890 and 1893 by Alexander Pomerantsev (responsible for architecture) and Vladimir Shukhov (responsible for engineering). The trapezoidal building features a combination of elements of Russian medieval architecture and a steel framework and glass roof, a similar style to the great 19th-century railway stations of London. William Craft Brumfield described the GUM building as "a tribute both to Shukhov's design and to the technical proficiency of Russian architecture toward the end of the 19th century”. The glass-roofed design made the building unique at the time of construction. The roof, the diameter of which is 14 m., looks light, but it is a firm construction made of more than 50,000 metal pods (about 819 short tons (743 t), capable of supporting snowfall accumulation.
    [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]
  • Лесной Вестник / Forestry Bulletin Научно-Информационный Журнал № 4 ’ 2018 Том 22
    ЛЕСНОЙ ВЕСТНИК / FORESTRY BULLETIN Научно-информационный журнал № 4 ’ 2018 Том 22 Главный редактор Леонтьев Александр Иванович, д-р техн. наук, профессор, академик РАН, МГТУ им. Н.Э. Баумана, Москва Санаев Виктор Георгиевич, д-р техн. наук, профессор, директор Липаткин Владимир Александрович, канд. биол. наук, профессор, Мытищинского филиала МГТУ им. Н.Э. Баумана, Москва Мытищинский филиал МГТУ им. Н.Э. Баумана, Москва Малашин Алексей Анатольевич, д-р физ.-мат. наук, профессор, Редакционный совет журнала кафедра компьютерных систем и сетей МГТУ им. Н.Э. Баумана, [email protected] Артамонов Дмитрий Владимирович, д-р техн. наук, профессор, Мартынюк Александр Александрович, д-р с.-х. наук, Пензенский ГУ, Пенза ФБУ ВНИИЛМ, Москва Ашраф Дарвиш, ассоциированный профессор, факультет Мелехов Владимир Иванович, д-р техн. наук, профессор, компьютерных наук, Университет Хелуан, Каир, Египет, академик РАЕН, САФУ им. М.В. Ломоносова, Архангельск Исследовательские лаборатории Machine Intelligence Моисеев Николай Александрович, д-р с.-х. наук, профессор, (MIR Labs), США академик РАН, Мытищинский филиал МГТУ им. Н.Э. Баумана, Беляев Михаил Юрьевич, д-р техн. наук, начальник отдела, МГТУ им. Н.Э. Баумана, Москва зам. руководителя НТЦ РКК «Энергия» им. С.П. Королёва, Москва Нимц Петер, д-р инж. наук, профессор физики древесины, Бемманн Альбрехт, профессор, Дрезденский технический Швейцарская высшая техническая школа Цюриха университет, Институт профессуры для стран Восточной Обливин Александр Николаевич, д-р техн. наук, профессор, Европы, Германия академик РАЕН, МАНВШ, заслуженный деятель науки Бурмистрова Ольга Николаевна, д-р техн. наук, профессор, и техники РФ, МГТУ им. Н.Э. Баумана Москва кафедра технологии и машин лесозаготовок и инженерной Пастори Золтан, д-р техн. наук, доцент, директор геодезии, ФГБОУ ВО «Ухтинский государственный технический Инновационного центра Шопронского университета, Венгрия, университет», [email protected] [email protected] Деглиз Ксавье, д-р с.-х.
    [Show full text]
  • On State Register of Microfinance Organisations | Банк России
    ул. Неглинная, 12, Москва, 107016 8 800 300-30-00 www.cbr.ru Новости On state register of microfinance organisations 31 декабря 2015 года Пресс-релиз On 29 December 2015, the Bank of Russia took the following decisions: to include information on the following entities in the state register of microfinance organisations: Microfinance Organisation ROSA Finprogress, limited liability company (the city of Moscow), Microfinance Organisation Cash Security, limited liability company (the city of Moscow), Microfinance Organisation Alpha Potential-M, limited liability company (the city of Moscow), Microfinance Organisation Financial Group Capitol, limited liability company (the city of Yaroslavl), Microfinance Organisation World of Opportunities, limited liability company (the city of Yaroslavl), Microfinance Organisation Zolotaya Zhila, limited liability company (the city of Yaroslavl), Microfinance Organisation Star Trek, limited liability company (the city of Moscow), Microfinance Organisation VERSAILLES, limited liability company (the city of Moscow), Microfinance Organisation Golden Style, limited liability company (the city of Moscow), Microfinance Organisation Plus, limited liability company (the city of Novosibirsk), Microfinance Organisation Zanachka, limited liability company (the city of Blagoveshchensk), MICROFINANCE ORGANISATION TRADEPROM, limited liability company (the city of Moscow), Microfinance Organisation Rigel Finance, limited liability company (the city of Ulan-Ude), Microfinance Organisation CENTRE OF LOANS Siberia, limited
    [Show full text]
  • Moscow Central Diameters Mega Project for the Immediate Future
    Московские центральные диаметры – мегапроект ближайшего будущего Moscow Central Diameters Mega project for the immediate future Suburban train diameter routes will connect radial routes and offer higher quality transport services for 8.2 million residents of Moscow and the Moscow Region. The first two diameters will be launched in 2019–2020. MOSCOW CENTRAL DIAMETERS – THE SURFACE METRO FOR MOSCOW AND THE MOSCOW REGION All over the world, suburban trains are becoming part of the metro system. We have a similar vision. Our plan is to build cross-cutting diameters lines, enabling suburban commuters to transit through the entire city without exiting at railway stations, travelling with the same speed, frequency, and comfort that the metro offers and with the same ticket used for both the metro and suburban train. Sergei Sobyanin Moscow Mayor 38 39 MCD1: Одинцово-Лобня MCDs – THE SURFACE METRO MCD FEATURES1 Passenger traffic, mln Passenger seats, Length, km Stations Transfer points passengers per year thousand per day FOR MOSCOW AND MCD2: Нахабино – Подольск The first stage involves the establishment of two MCD routes: THE MOSCOW REGION • MCD1: Smolensko-Savelovsky (Odintsovo – Lobnya) • MCD2: Kursko-Rizhsky (Nakhabino – Podolsk) The project will be jointly implemented by the Ministry of Transport of the Russian Federation, JSC RZD (Russian Railways), the Moscow Government, the Moscow Region Government, and the passenger carrier JSC Central Exurban Passenger Company. MCD1 52 28 12 42.9 403 MCD2 80 38 15 48.6 486 Stage 1 MCD3 MCD1 446 km MCD6
    [Show full text]
  • Stress the Import Nce
    stress the import nce 2009 Social REPoRT “ We believe that charitable programmes are even more important today than they were during the pre-crisis period. So in the future, as each year throughout the Bank’s history, we will continue to render comprehensive support and financial assistance to essential projects, reaffirming our reputation of a socially responsible company.” Rushan Khvesyuk Chairman of the Executive Board, Member of the Board of Directors Message from Alfa-Bank management As a biggest financial institution in Russia, Alfa-Bank has always attached great importance to social and charitable activities. We are pleased to present our social report telling about some of our most significant events and undertakings in 2009. Alfa-Bank has a profound respect for the cultural heritage of our great country and endeavours to contribute to preserving it. For instance, we financed restoration work on a number of unique books in the Orenburg Universal Scientific Library named after N. Krupskaya, including Decrees of Ekaterina Alexeevna and Peter II published as early as in 1743 and works of Mikhail Lomonosov. In Nizhniy Novgorod, we sponsored restoration of Nikolay Koshelev’s canvas The Burial of Christ which was the ver y fir st ar t work in the collection of the regional museum. Alfa-Bank also covered the costs of restoring two pictures of the globally recognised artist Ivan Shishkin — Evening in a Forest and Evening in a Pine Forest belonging to the Tatarstan State Museum of Fine Arts in Kazan. Having supported initiatives aimed at preserving memory of our past for many years running, we also prioritise care for the young and talented, since they are our future.
    [Show full text]
  • Bank Vozrozhdenie Eng 00 AR-2007.Indd
    Annual Report 2007 Vozrozhdenie Bank WWW.VBANK.RU 7/4 Luchnikov Pereulok, bldg. 1, GSP, Moscow, 101990, Russia Money doesn’t build a bank, relationships do We believe that close relationships with our clients are our most valuable assets. We work in true partnership with our clients. We are responsive, human, and dependable, the bank our clients can rely on in good and bad times. This closeness to our clients distinguishes us, today and in the future. CONTENTS Portrait of the Bank 03 A letter from the president of the Bank 04 Key events of 2007 06 Banking sector development trends 07 Bank’s strategy 12 Performance review 18 Financial results 18 Corporate business 24 Retail business 30 Bank card business 36 Financial markets operations 38 Bank’s stock 42 Authorized capital structure 42 Share price changes 43 Dividends 43 Corporate governance 46 Bank’s governing bodies 46 The Bank’s internal control system 56 Information on related party transactions 57 Information disclosure policy 58 Risk management 58 Social policy 64 Personnel 64 Social responsibility 66 Financial results 68 Offices in Russia 74 2 Annual Report / 07 Portrait of the Bank Bank Vozrozhdenie is one of the major financial In November 2007 we issued our one-millionth bank institutions in Russia; the Central Bank of the Russian card. Vozrozhdenie has been a principal member of both Federation includes the Bank among the 30 major Russian the Visa and MasterCard international payment systems banks. We are developing as a personal bank for corporate since 1998 when we set up our own processing center.
    [Show full text]
  • Prime Residential Real Estate Market Moscow
    The total transactions The supply volume cost exceeded shortened to 2,1 thousand 110 bln rubles apartments and flats PRIME RESIDENTIAL REAL knightfrank.com/research ESTATE MARKET MOSCOW 2020 PRIME RESIDENTIAL REAL ESTATE MARKET. MOSCOW Key findings Shift of the traditional leading Acceleration of price growth in the Khamovniki district from the leading context of supply volume shortage: 890 positions in the demand structure thousand rubles / sq. m (+10% in the rating. The district of Dorogomilovo Andrey Solovyev annual dynamics). became the most popular location Director of City Sale Department, Stable growth of share of supply with among the buyers. Knight Frank finishing was supported by increase The total transactions cost exceeded 110 of demand for units ready for living; bln rubles, having renewed the record more than 60% transactions were in rate of the previous year. this format. The historically record-high level of buying activity may be considered to be one of the key events at the elite housing market. Key indicators. Dynamics The growth of number of incoming calls/ requests for accommodation acquirement was recorded even during the severe Supply Deluxe Dynamics* Premium Dynamics* restrictive measures; however, during those ‘quarantine’ months only part of them was Total supply, pcs. 480 -38% 1,640 -11% converted to transactions. Several factors Average price, thousand became the main reasons for the records. 1,362 +18% 696 +15% rub./sq m First of all, square meters always remain a stable currency in the context of high volatility Average area, sq m 160 +6% 115 +3% of the financial markets, and many customers Average price, mln rub.
    [Show full text]