Hotels, retail to lead Moscow's real estate recovery

04/5/2010 | Moscow Times, The

Moscow's commercial real estate recovery will be fueled by growth in the hotel and then retail sectors, according to Colin Dyer, Jones Lang LaSalle's president and CEO. Logistics and offices will follow. "That's the order of scarcity. There's a big scarcity of the hotel space in Russia and particularly in Moscow," he says.

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