As I plan for the year ahead I am trying to form an opinion of what may be some of the dominant themes for 2019 and beyond. It is proving to be somewhat harder than in previous years and more than anything I feel greater uncertainty than usual about the forces that will come to […]
Blogs by Tim
I promised in my last blog (Decoding the Russian enigma) a further post dealing with my expectations for the Russian property markets. I have also been considering giving my thoughts on what to expect in general terms (i.e. they cannot be held against me in specific valuations!) for 2018 year end valuations. We are approaching […]
Russia seems to be hewing ever closer to Churchill’s aphorism: as a riddle, wrapped in a mystery, inside an enigma. It is increasingly difficult to predict what may happen next. A mixture of outside events and curious self-defeating actions, at least from an external perspective, have effects that are extremely uncertain. It may seem then […]
A short commentary on Russian Property Valuations
It is like 2014 all over again… I have written three draft opinions in recent days – only for them to be overtaken by events. In the deluge of news and volatility I have but one message: DON’T PANIC I believe markets have overshot and will correct. We are already seeing the Russian stock market […]
(These are my personal views, and may not necessarily be the same as the JLL house view) As we gather pace into 2018 after the holiday period I thought that it would be useful to identify what I expect to be the key trends in 2018 – both for the Russian Economy as a whole […]
It is no secret the construction period in Moscow is as unpredictable as the weather forecast, or even more so. Various reasons prevent developers from being on time with project completion. It usually takes up to five years to construct a shopping centre, a business centre, or a hotel from scratch depending on financing availability, […]