Only 13 Per Cent Of Russians Plan To Buy Home In Near Future 03/04/2008
The prospects of Russian customers to acquire a new housing unit remain relatively stable. However, like in 2007, only 13 per cent of the residents were planning to improve their living conditions or to buy a new residence in the next seven years, according to an opinion poll, conducted by the Russian Public Opinion Research Centre (RPORC). Sustainability of housing demand could be attributed to a number of factors, such as the relatively strong development of Russian economy, successful mortgage programmes and improved lending conditions, according to RPORC. Plans for buying a new dwelling could be impacted by deferred demand or the increased residential prices, the study's authors commented. The survey shows that this year the number of Russians, willing to buy housing for... more

Bright Future For Highquality Office Developments 14/03/2008
A savvy entrepreneur would never start construction of high-quality class A office premises on a suburban plot because such developments command higher prices (1 700 euro a sq m). Given an unattractive location they would be unlikely to sell. more

Build Green Cee Conference Opens 24/04/2008
Buildings account for 37 per cent of overall energy consumption. In fact, buildings and transport collectively emit 50 per cent of overall green emissions, participants in the Building Green CEE: Energy Efficient and Ecological Design for the Region conference concluded at the opening panel on April 23. The two-day conference, ending on April 24, is taking place in Bucharest, Romania. Participants agreed that constructing "green" buildings is an essential element of an overall strategy to reduce growing energy consumption and greenhouse emissions, both identified as the main drivers of climate change. To steer changes in buildings' consumption and emissions parameters, all parties involved in the construction of the entire scope of developments must be involved, said Joanna... more