Wealthy Russians pouring money into Estonian commercial property

Russian moneyMore and more wealthy Russians and Ukrainians who are concerned about instable political and economic situation in their countries are now investing in Estonian real estate, writes Äripäev.

This is good news for the Estonian commercial real estate market which has recently seen exodus of Finnish investors who are also suffering from Finland’s poor economic growth.

Aavo Kokk, CEO of real estate advisory company Catella Corporate Finance says that these are good times for commercial real estate. (more)

Read the Whole story: http://www.balticbusinessnews.com/article/2014/6/27/wealthy-russians-pouring-money-into-estonian-commercial-property

Source: Baltic News Network - Toomas Hõbemägi