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Moscow is Tops for Expansion, Survey Says

MOSCOW-The city has been named the most favorable city in Europe for companies looking to expand, according to a survey by Cushman & Wakefield.

By Allan Saunderson | Updated on November 04, 2010

MOSCOW-Although London, Paris and Frankfurt remain the top three European cities to do business in, Moscow has been named the most favorable city in Europe for companies looking to expand, according to a survey by Cushman & Wakefield.

“Strong GDP growth and large scope for increased consumer spending make (Moscow) an important driver for future company growth, and its oil and gas sector retains its allure. This upcoming demand is not yet priced into the market so there remains a small window of opportunity for occupiers to secure their current and future requirements at reasonable rates,” said C&W Russia head Tim Millard.

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