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Commercial real estate market development in Russia (英语)

This paper looks at the evolution of the commercial real estate market in Russia in the first three years of reform. Problems in this market's development have led to a severe shortage of available space, and have proven to be a huge barrier to the creation and growth of new businesses. The local governments hold a virtual monopoly on urban commercial real estate, and they show few signs of moving towards substantial divestiture or even commercial...
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