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Real estate market overview

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17.03.2008The Fed will help the bank, caught in the center of the mortgage crisis

The Fed will help the bank, caught in the center of the mortgage crisis

Fed dollars (Fed) and JP Morgan provide financial assistance to leading U.S. banks Bear Stearns. It raised fears that the credit crisis will not go unnoticed by even the largest banks on Wall Street.

According to the BBC, funding will be provided to the bank for 28 days.

Bear Stearns was in the center erupted in the U.S. mortgage crisis, prompting talk of a shortage of liquidity at the bank.

TopicTopic: BBC

17.03.2008The elite settlement "Residence Rublevo" built on a new Riga

The elite settlement "Residence Rublevo" built on a new Riga

Company Snegiri Alexander Chigirinskiy plans to invest in the construction of an elite settlement "Residence Rublevo" on highway Novorizhskoye $ 230 million

The settlement appears in the Bay area Painterly (1-km highway to Novorizhskoe). Snegiri representative told Vedomosti that four years ago, the company acquired pension "Rublevo-2. His area of 20 hectares is planned to build a total of 134 townhouses and the necessary infrastructure.

TopicTopic: "Residence Rublevo"

17.03.2008Russians prefer to buy in Cyprus-room apartments and villas

Russians prefer to buy in Cyprus-room apartments and villas

Companies "Pafiliya Developerz Property Ltd has 30 years experience in the market and is the largest private construction company in Cyprus. During its existence the company has built more than 70 different properties, but in recent years actively developed, including through the expansion of its business outside the island. Today the firm has 18 offices in Cyprus, and also has offices in the UK, Scotland, Ireland, Sweden, the Netherlands, Greece, Russia and Ukraine.

TopicTopic: "Pafiliya"

17.03.2008"VIS" upgrades WGC-6 sixth block Kirishskaya power plant for 7.8 billion rubles

"VIS" upgrades WGC-6 sixth block Kirishskaya power plant for 7.8 billion rubles

Ltd. "VIS" upgrades to the generating company OGK-6 sixth unit at Kirishskaya power plant in the Leningrad region for 7.794 billion rubles to 25 September 2010, the report said genkompanii.

Ltd. "VIS" has won the tender to select contractor upgrading unit which makes add-steam-turbines.

TopicTopic: "Power Machines", "VIS", WGC, OGK, TPP, GRES, RAO, UES

17.03.2008Moscow prosecutor's office found violations in housing orphans

Moscow prosecutor's office found violations in housing orphans

Moscow prosecutor's office has identified irregularities in the activities of the department of housing policy and housing capital to provide housing for orphans and children left without parental care, the press service of the city prosecutor's office.

"Since October 2007, the Department did not issue orders to transfer granted to graduates of public institutions for children living quarters in a dedicated fund of Moscow", - said in a statement on the site office.

17.03.2008SC Snegiri will build the first skyscraper in Siberia

SC Snegiri will build the first skyscraper in Siberia

Group of Companies Snegiri "intends to build in Novosibirsk in Siberia, the first skyscraper height of 130 meters, told RIA Novosti source in the company.

According to the companion agency, the 130-meter skyscraper will be located on the square Kondratyuk and will be a business center of class A.

TopicTopic: RIA, RMJM

17.03.2008Voronezh region. 1,5 times increase of social facilities received funding for construction projects

Voronezh region. 1,5 times increase of social facilities received funding for construction projects

The authorities of the Voronezh Region in 2008 will increase the amount of financing the construction of social facilities received in the region up to 2.4 billion rubles, or more than one and a half times more than last year's funding of this area, told RIA Novosti on Monday, Officer of the press center the regional administration.

TopicTopic: RIA

17.03.2008ACP has created a trading house to improve the construction industry

ACP has created a trading house to improve the construction industry

Association of Russian Builders (SDA) has established a trading house with a view to consolidation of the supply of construction materials and equipment of domestic and imported, said the public relations department in the RSA.

"The main objective of the shopping center is to organize the supply of building materials, equipment, vehicles, machinery, automotive engineering, electrical cables and other materials of Russian and foreign manufacturers of on-demand members of the RSAs and partners" - the report indicates.

TopicTopic: ACP, SDA, RSA

17.03.2008Bank of Russia included the mortgage bonds in the mortgage list - Ulyukayev

Bank of Russia included the mortgage bonds in the mortgage list - Ulyukayev

Bank of Russia included in the mortgage list mortgage bonds, in favor of which exhibited guarantees beneficiaries, said the first deputy chairman of the Central Bank of Russia Alexei Ulyukayev.

"Costoyalsya Board of Directors, which decided ... to include mortgage bonds in the collateral list" - he said during a speech in Zurich at the seventh session of the Russian Economic and Financial Forum (Forum FINAS).

TopicTopic: FINAS, CBR, AHML

17.03.2008Medical Center of Moscow State University will open the beginning of the school year - Luzhkov

Medical Center of Moscow State University will open the beginning of the school year - Luzhkov

Medical Center of Moscow State University (MSU), which also house the School of Medicine, will open by the beginning of the new academic year, told reporters Saturday in Moscow's mayor during the visit construction sites.

"There were various conversations that the building would take away from MSU for some purposes. These conversations, we quickly stopped, I can tell that this building will be used only for medical school. And no other purpose other than educational, research and health care in his will not "- said the mayor.

TopicTopic: MSU

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