Investment in Russian real estate fell nearly 60 percent in the first half of this year amid looming economic stagnation, volatility in the ruble exchange rate and uncertainty emanating from the crisis in Ukraine, according to a report by consultancy Jones Lang LaSalle.
Russia's War Against Ukraine
The Moscow Times: Investment in Russian real estate plummets 60 percent
A picture taken on April 5, 2012, shows an aerial view of central Moscow, with the headquarters of Russia's Foreign Ministry, one of the so-called Stalin high rises, in the foreground.
