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The 2nd Commercial Real Estate Federal Awards
Photo courtesy of CRE

Quick market saturation and the ever-increasing interest of foreign investors made 2006 a benchmark year for the Russian real estate market. It was with this powerful backdrop that the 2nd Commercial Real Estate Federal Awards, held June 14-17 at the Radisson SAS Lazurnaya in Sochi, awarded the best of the federal market. The aim of this annual professional awards ceremony, which attracted 300 guests from Germany, Great Britain, the US, Austria, Netherlands, Sweden and Poland, is to promote standards of professionalism in the Russian real estate industry by recognizing excellence.

Prior to the awards, Russian and international investors were taken on a five-day road show Discovery Week: On Top of Russia. Starting in Chelyabinsk on June 10, representatives from such firms as Merrill Lynch, Nordbank and AIG Lincoln traveled to construction sites and met with regional authorities in Novosibirsk, Ufa, Ekaterinburg, Samara and Rostov-on-Don before arriving in Sochi.

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