50 Russian companies to attend Expo Real

Over 50 exhibitors from the Russian Federation are to be represented at the 10th Expo Real in Munich next week - the largest ever delegation from the region. Compared to 2006, this is a 25% increase in participation by the Russian Federation, according to Messe München International (MMI), the organiser of the international property fair.

The list of Russian companies presenting their latest projects include Coalco, Krost Constructions, Renova Stroy Group, Absolute Investments, Sberbank, Jupiter and RIGroup. RIGroup, for example, will present its plans for large, modern office complexes and shopping centres for retail chains in the Moscow area. 'Our company would like to attract foreign investors to engage in Russia and to establish international standards on the Russian market,' said RIGroup president Zhanna Bullock.

Major Russian cities like Moscow, St Petersburg, Yekaterinburg and Kazan and regions will also be showcasing their current urban development plans at the fair in order to attract investors and partners. One project being presented at Expo Real is known as the 'New Ring of Moscow', which involves the construction of up to 200 high-rise buildings.

MMI said the equivalent of around EUR 27.3 bn - and EUR 33.4 bn if the securities market is included - flowed into Russia in the first half-year of 2007. Investment in the property sector was mainly focused on office and retail property, but the logistics and hotel segments also attracted foreign investors.

At Expo Real, indepth information on investment opportunities and how the market works in Russia will be presented during the ‘Real Estate Investors Guide: Russian Federation’, event between noon and 12.50 pm on 8 October. The following day, from 2 to 6 pm., visitors can lern more about the Russian market during the 'Russian Afternoon' in the Media Lounge (Hall C2). A panel of experts will be on hand to answer questions on the current risks and costs involved in development in Russia, and the opportunities in relation to infrastructure for public-private partnership models in Moscow and regional cities. The experts will also present information on investment opportunities in St Petersburg, other regional cities and Ukraine.

For further information on the conference programme, go to: http://www.exporeal.net/en/Conferenceprogramme or click on the link below