Homebuilders face cost pressure as Russia tightens rules on presales
01 Jul Homebuilders face cost pressure as Russia tightens rules on presales
Posted at 11:40h
in
News
by KMFSLLP
MOSCOW, July 2 (Reuters) – A new law forcing Russian
homebuilders to use bank loans to fund construction rather than
relying on cash from selling homes before they are complete will
add to costs and encourage industry consolidation, developers
said.
Sorry, the comment form is closed at this time.