Development and construction in Leningrad oblast

According to many experts construction industry of Leningrad oblast is exposed to macro and micro economic risks. Marina Lipetskaya, Director of Center for Strategic Research “North-West” believes that there are two factors influencing real estate market currently: construction companies have big loans, sometimes the loans are in foreign currency; growing mortgage rates and citizens’ income stagnation may decrease the demand in real estate market. Is it possible to preserve the stability of developers companies and find new possibilities for real estate market growth? Are regional authorities planning to support real estate projects? These and other questions will be discussed at the annual discussion “Development and construction in Leningrad oblast”, which will be held on February 26 in St. Petersburg.
The event is organized by PROEstate Events, supported by the Government of Leningrad oblast, the Russian Guild of Property Managers and Developers.
The program of the event consists of 2 parts. During the 1st part the participants will discuss urban planning policy and long term development strategy of Leningrad oblast. Experts will discuss what measures to take to preserve positive dynamic of social and economic development and also the issue of sharing responsibilities between the Committee for Architecture and Urban Development and the Committee for State Oversight in Construction.
During the 2nd part “Match-making: new concepts of integrated development of Leningrad oblast” presentations of investment projects will take place.
Participants: Leningrad oblast authorities, representatives of municipal units, construction, development and investment companies, Mass media.