The American company LaSalle Investment Management announced the results of the annual survey of the most attractive cities in Europe for investment in real estate. The Russian capital was ranked second in the ranking of fourth place last year.
A topped the list of London. Experts predict that the capital of the UK will continue to evolve very rapidly, explaining its forecast serious investment, which she does in the city's infrastructure in connection with the upcoming 2012 Olympic Games. Last year's leader - Munich, has managed to stay in the top three, but only in third place.
This survey covers 104 cities with populations over 660 million people. Analysts take into account many factors of economic growth, including growth in property prices, attractive business environment for investors and others.
In fourth place after Munich is now in Paris, then - Stockholm, Oslo. Among other attractive cities for business - Vienna, rated 12 th place in Frankfurt - 20 th.
According to the and. Fr. Head of the Department of Foreign Trade and International Relations of Moscow Georgy Muradov, investment demand for real estate in Moscow is much larger than it appears in reality. Inflow of capital at present, in his opinion, some holding back waiting for investors denouement of the situation surrounding the change in leadership of the city, as well as a number of issues within the competence of the metropolitan governance.
This is especially true in high removal of administrative barriers, which prolongs the approval and registration of planning documentation, high cost of labor and energy resources, as well as existing in Moscow, transport and logistic problems, lack of customs checkpoints that impede expeditious conduct of foreign trade operations.
The authorities are well aware of them, and as recently as the early autumn of this topic was devoted to a government meeting in Moscow. It is true to say that worked out measures ensure the decision urgent problems, hardly anyone would undertake with confidence. Rather the opposite: the majority of the panelists had the impression that this is all over - is talked and parted ways.
And yet, despite the high assessment given to the rating, the situation with the influx of foreign capital in Moscow observed a very disturbing trend. In particular, as the correspondent of "WP" in the Department of Foreign Trade and International Relations, total foreign investment in the economy of Moscow in the first half amounted to 9, $ 3 billion dollars, up 42.2 percent below the corresponding period last year. Moreover, the share of direct investments from these accounts for only 14.5 percent, up 37.1 percent less than during the same period last year.
Leaders among the investors who invest direct investment in the Moscow are Cyprus, France, Germany, Netherlands and Japan, and among the CIS countries - Kazakhstan, Kyrgyzstan, Ukraine and Belarus. Most of its funds - 38.5 per cent, they invest in retail and wholesale trade. The flow of investment into the real economy, particularly in manufacturing - just 12.5 percent.
One consolation - he began to grow - in relation to the first half of 2009 increased by 21 percent. But there need a reservation - most of these investments are invested in the production of coke and petroleum companies, only registered in the capital.
While innovative production, which Moscow has threatened all the time to begin to develop more actively, still a little attractive to foreign investors. There has been a growth in investment in construction - 34 percent, but the share of this sector amounted to only 1.2 percent.
But the volume of investments that have found their way not at home and abroad, continues to grow very significantly: only in the first half it amounted to 37.6 billion dollars, up 16 percent higher than last year. Their owners choose to operate their assets more often than Switzerland, the Netherlands, the Virgin Islands, Cyprus, UK, Germany and other countries.