SUBSCRIBERS
Sanctions against Russia depress Moscow rental income
European, US companies have pulled workers out of the country; rouble down 11% against euro
Published Mon, Nov 24, 2014 · 09:50 PM
London
TIMUR Pankov was effectively living rent-free in Paris nine months ago, because the cost of his apartment was covered by the income from his Moscow property.
Russia's incursion into Ukraine has made the arrangement a lot less attractive.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Property
Hong Kong’s negative equity mortgage cases rise to 20-year high
UK mortgage approvals rise for sixth month to highest since 2022
URA prepares massive site in Sengkang to house new residential estate
Blackstone in talks to buy Dulwich schools in Singapore, Seoul for US$600 million
JTC to sell hospitality project being built in Punggol Digital District
Without a game changer, Sentosa Cove condos will continue underperforming