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Retail sector driving Russia’s real estate growth

Posted on 27 November 2012

Cushman & Wakefield is bullish on Russia. The world’s largest privately-held commercial real estate services firm based in New York City, predicts Russia will become the largest consumer market in Europe by the end of 2013 “If retail turnover will keep at current levels of 5% annual growth.”
Maxim Karbasnikoff, Head of Retail Services, Cushman & Wakefield, made that forecast at the recent three-day 2012 MAPIC conference in Cannes, France. MAPIC is an international retail real estate show held each year in November………………………………………..Full Article: Source


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