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As Alicia factors out, down economies typically suggest reduce development expenditures. But will labor be available to comprehensive the undertaking?

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Alex must also look into the fundamentals of Moscow’s office market place: source, desire, and pricing. As in lots of cities worldwide, the Covid-19 disaster has caused the quantity of vacancies to increase, which doesn’t bode nicely for Japanese Square.

Needless to say, as Alex well knew, the previous couple months had launched many new challenges. What would the Moscow real-estate current market appear like in a 12 months? Would the economic system Recuperate that quickly?

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