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Colliers International Took Part in Business Programme of MIPIM Asia

Managing Partner of Colliers International Nikolay Kazanskiy moderated the roundtable “The Russian Real Estate Market: A Course to the East” organized by RBC at the IX MIPIM Asia Property Leaders Summit. The event was held at the Grand Hyatt Hong Kong.
The main topics of discussion this year were the reconsideration of investment strategies, prospects for the development of the Russian real estate market, emergence of new players, public-private partnership, risk minimization for investors and developers, most interesting segments for Asian investors, comprehensive territorial development, major infrastructure projects and more.

In his introductory remarks, Nikolay Kazanskiy spoke about the strengthening of Russia’s political and economic focus on Asia. Representatives of the government of Moscow as well as some of the largest investors, developers and builders of Russia, Japan and China joined Nikolay in the discussion of the prospects for the sector’s development and the attraction of foreign investment in Russian real estate.

The participants of the roundtable included: Marat Khusnullin, Deputy Mayor of Moscow for Urban Development and Construction; Andrei Peregudov, Senior Vice President of VTB Bank and Head of VTB Arena Park project; Andrei Grudin, Managing Director of Pioneer; and others. 
Wrapping up the discussion, Nikolay Kazanskiy noted: “Asian real estate markets are some of the most promising in the world, yet despite this fact investors from the East are showing great interest in Russia and Moscow. And right now they have a great opportunity to expand their geographic scope. In the coming years we expect a large-scale expansion of Asian companies and growth in the number of deals with the participation of investors from Asia.
MIPIM ASIA is a major forum focused on real estate of the Asia-Pacific region. The main aim of the organizers is to attract Western investment and facilitates transactions among investors. This year representatives from more than 2000 companies came to Hong Kong for the event.