High rents in Moscow are prompting international retailers to look at secondary cities in Russia as well as some of the former Soviet states like Ukraine, Jonathan Riches, assistant research director at CB Richard Ellis has told PropertyEU WebTV.
High rents in Moscow are prompting international retailers to look at secondary cities in Russia as well as some of the former Soviet states like Ukraine, Jonathan Riches, assistant research director at CB Richard Ellis has told PropertyEU WebTV.
Morgan Stanley spin-off, Proprium, made a 20-times multiple on its €65 mln equity investment in 2007 in Motel One.