North-West Invest took part in the 4th
North-West Invest took part in the 4th Annual Forum “Future St. Petersburg”. Market participants have summed up the preliminary results of the year and identified priority projects for the city development with the highest changes for success.
The forum “Future St. Petersburg” traditionally gathers most active players and leading experts of the real estate market for discussion of most relevant issues. This year the forum’s key-note was discussion of St. Petersburg’s investment appeal and prospects of its development. “In process of discussion we have identified two types of ambiguities that slow down decision-making. It is the ambiguity of the first order, i.e. global one, related to processes in the world economy, and ambiguity of the second order – at the local level. The second type assumes ambiguity of priorities related to the vector of St. Petersburg development, and conditions of making the development business,” says Oleg Gromkov, senior analyst, North-West Invest LLC. Despite pre-crisis situation and ambiguity factors, nfl jerseys reddit for sale near me 2 investors are still interested in development. The real estate market is like a magnet for investors, who feel the danger of keeping the money in the current situation and search for stable assets. However, facing administrative barriers and other factors of the second-order ambiguity, investors increasingly prefer to invest in income generating properties abroad. The profitability level is lower, but there are no unmanaged risks.
In opinion of the market participants, suspension of investment projects is a dedicated policy of the new government of St. Petersburg. “The course has changed to the conservative attitude to development projects and weighting them against budget opportunities. As a result, higher chances for success today are for those projects, which are based on a comprehensive approach, with developers ready to undertake some of the city functions. St. Petersburg is interested in balanced development, which assumes both construction of residential and commercial facilities and solution of social, infrastructure and transport problems in the area of project implementation,” comments Oleg Gromkov. nfl-jerseys-at-walmart-aliexpress
North-West Invest took part in the 4th Annual Forum “Future St. Petersburg”. The market participants have summed up the preliminary results of the year and identified priority projects for the city development with the highest chances for success.
The forum “Future St. Petersburg” traditionally gathers most active players and leading experts of the real estate market for discussion of most relevant issues. This year the forum’s key-note was discussion of St. Petersburg’s investment appeal and prospects of its development. “In process of discussion we have identified two types of ambiguities that slow down decision-making. It is the ambiguity of the first order, i.e. global one, related to processes in the world economy, and ambiguity of the second order – at the local level. The second type assumes ambiguity of priorities related to the vector of St. Petersburg development, and conditions of making the development business,” says Oleg Gromkov, senior analyst, North-West Invest LLC. Despite pre-crisis situation and ambiguity factors, moncler armoise albizia investors are still interested in development. The real estate market is like a magnet for investors, who feel the danger of keeping the money in the current situation and search for stable assets. However, facing administrative barriers and other factors of second-order ambiguities, investors increasingly prefer to invest in income generating properties abroad. The profitability level is lower, but there are no unmanaged risks.
In opinion of the market participants, suspension of investment projects is a dedicated policy of the new government of St. Petersburg. “The course has changed to the conservative attitude to development projects and weighting them against budget opportunities. As a result, higher chances for success today are for those projects, which are based on a comprehensive approach, with developers ready to undertake some of the city functions. St. Petersburg is interested in balanced development, which assumes both construction of residential and commercial facilities and solution of social, infrastructure and transport problems in the area of project implementation,” comments Oleg Gromkov. monster beats audio adidas <
