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Retail in Russian regions set to draw institutionals: CBRE

Posted on 11 October 2011

International institutional investors are expected to start buying into retail in Russian secondary cities next year as the segment offers secure opportunities at attractive cap rates of 11-12%, Bill Lane, board member of CBRE in Russia said.
‘Institutions will soon realize that shopping centres and hypermarkets in Russian secondary cities are secure investment assets - dominant in their region and with strong covenants,’ Lane said……………………………………….Full Article: Source


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