Cushman & Wakefield Healey & Baker acquires Russian real estate firm
C&W S&R will be C&W H&B's third largest office in Europe and one of the largest real estate services firms in Russia offering a full range of property related services across all key sectors of the Russian market.
"Opening in Russia is part of our wider corporate strategy - to capitalise on the developing dynamics of the Central and Eastern European region and to build on our already dominant position in Central Europe," said John Travers, C&W H&B's senior partner.
Russia has increasingly been becoming an attractive country for foreign investment and foreign multinationals. Its economic growth has averaged nearly seven percent a year over the past five years, driven by high commodity prices and rising domestic consumption.
"Russia has one of the world's most dynamic property markets given the size and wealth of the country," said Paul Bacon, C&W H&B's Chairman for Central & Eastern Europe. "Many of our global clients are there already and are looking to expand, and increasingly others are looking at entering the market."
The investment market is also increasingly an area of interest for players from outside Russia. (M.L.)
"Opening in Russia is part of our wider corporate strategy - to capitalise on the developing dynamics of the Central and Eastern European region and to build on our already dominant position in Central Europe," said John Travers, C&W H&B's senior partner.
Russia has increasingly been becoming an attractive country for foreign investment and foreign multinationals. Its economic growth has averaged nearly seven percent a year over the past five years, driven by high commodity prices and rising domestic consumption.
"Russia has one of the world's most dynamic property markets given the size and wealth of the country," said Paul Bacon, C&W H&B's Chairman for Central & Eastern Europe. "Many of our global clients are there already and are looking to expand, and increasingly others are looking at entering the market."
The investment market is also increasingly an area of interest for players from outside Russia. (M.L.)
