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28.05.2008, 10:16

Moscow shops are streets ahead of London

Moscow’s major Tverskaya street was rated the third most expensive commercial real estate in the world with average annual rents pegged at $US 1,515 per square foot.

Photo from Flickr / urbanpostings' photostream 10.06.2008, 05:14

Rents soar on Moscow’s top shopping street

Tverskaya Street in the heart of Moscow has joined the list of the world's most expensive streets in which to rent retail space, after New York’s Fifth Avenue and the Champs Elysees in Paris. But the sky-high rents don't deter retailers as they know that

Luxurious grocery store Elissevsky, Tverskaya street, Moscow 24.07.2008, 07:49

Foreigners fleeced as Moscow tops cost-of-living table

Russia's capital has once again been rated the world's most expensive city for expats. In the race to empty foreigners' pockets, Moscow is way ahead of both Tokyo and London.

28.07.2008, 11:45

Luxury apartment market continues boom as wealthy invest in bricks and mortar

Right now, Russia’s most expensive flat costs 22mln dollars. But that will soon be eclipsed by Moscow's latest luxury development. Exerts say, demand for luxury apartments far exceeds supply. And there are enough buyers ready to pay more than a hundred th

27.10.2008, 09:32

My own financial crisis - blame the sodding YEN!

As the world’s major banks fail and consolidate into one BIGBANK and millions and millions lose their jobs, I’m doomed to become the latest victim of world financial turmoil.

AFP Photo / Dmitry Kostyukov 27.11.2008, 12:35

Forget the crisis... hit Moscow, buy an island!

Retail therapy on a grand scale might be the best way of overcoming the economic crisis. But that means spending serious amounts of money – an option not open to many of us these days. But it’s not a problem for the super-rich, who are preparin

05.12.2008, 07:08

The munch crunch! Cheap eats replace posh nosh

Moscow's ritziest restaurants may have to tighten their belts as a drop-off in business threatens their existence amid the financial crisis. It seems even billionaires are beginning to baulk at the prospect of shelling out the 100,000 euros which some of

Moscow on a budget

Published: 25 October, 2008, 09:09


People in Russia have some experience of how to deal with a financial crisis. Only a decade has passed since the country experienced economic turmoil and the lessons have not been forgotten. Moscow may have become one of the most expensive cities in the w

 
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