Gucci, a well-known manufacturer of Italian clothes and perfumes, announced plans to open its Russia’s first single-brand outlet located in the Moscow region.

Savills, the real estate consulting company, has conducted a study, examining a hundred of the most expensive apartments in the Russian capital city, and has found out that their prices are falling.

The European Bank for Reconstruction and Development (EBRD) will participate in financing the construction of the Trans Adriatic Pipeline, through which gas will be supplied from Azerbaijan to Europe.

Expert Alexey Grivach has commended on a statement made by Polish Prime Minister Mateusz Morawiecki, who said before the European Parliament that the EU did not need a Nord Stream-2 gas pipeline.

Last week, the Russian state nuclear corporation Rosatom signed a Memorandum of Understanding with Rwanda’s Ministry of Infrastructure in the field of peaceful use of atomic energy, the Nigerian-based Guardian reports on July 3.

According to Estonia’s Internal Affairs Ministry, building infrastructure and surveillance system on the border with Russia is estimated at about 250.3 million euros, the amount which will have to be spent for 11 years.

Three Russian hotels — in St. Petersburg, Moscow and the Crimea — received World Travel Awards in different categories.

Construction activities have been started on a site of the tallest residential skyscraper in the Moscow city business complex.

METRO Cash&Carry, an international self-service wholesaler, has invested about 1.4 billion rubles ($22 million) in the construction of a shopping center, which was built in Odintsovo district of the Moscow region.

An investor from Turkey intends to implement a large-scale project, Swissotel Residences, in Kotor — a city in Montenegro, a historic part of which is under the protection of UNESCO.

The Kaliningrad authorities have unveiled their plans to develop Oktyabrsky Island situated in the Russian city of Kaliningrad, where a new stadium for the 2018 World Cup was constructed.

A new law, which provides for bank support to financing housing construction, will lead to increased costs and will help consolidate the industry, Reuters reports.

Iran together with its Russian partners will build an enterprise in Semnan province to produce vaccines for livestock.

According to the National Tax Administration of Japan, the average land price throughout the country in 2017 increased by 0.7% compared with an increase of 0.4% in 2016 and 0.2% in 2015, Reuters reports.

In 2017, 10.7% of all apartments had been sold, setting a record for New York. But after a few months, the new owners offered these apartments for rent.

While the United States has been trying for a long time to obstruct the construction of the Nord Stream 2 gas pipeline, even such “weapon” as sanctions against the European partners of the project will not allow Washington to achieve its goal, writes Die Welt.

Russian Railways intend to involve a private investor in the implementation of a project for a large-scale reconstruction of Paveletsky railway station in Moscow.

The Moscow authorities decided to extend the Solntsevo underground line stretching from Rasskazovka station to Vnukovo.

Iraq began construction of a fence along the border with Syria to ensure security and prevent the penetration of terrorists into the country.

Egyptian authorities said on Sunday that the construction of the country's first NPP will begin in the next two or two and a half years, Reuters reports.

In 2017, travelers spent €39.2 billion on their holidays in Italy, of which €7 billion accrued to housing rent and apartments.

JLL analysts have evaluated transparency of real estate markets in 100 countries and 158 cities of the world in accordance with 186 criteria grouped into six categories.

The expanded Turkish Stream gas pipeline can pass through the territory of Bulgaria, Serbia and Hungary, Gazprom CEO Alexei Miller said at a press conference.

Deputy Minister of Transport of Russia, Alan Lushnikov, commented on the proposal of Chechnya's leader Ramzan Kadyrov regarding the high-speed railway Krasnodar-Grozny.

The Directorate-General for State Environmental Review of Russia has issued a positive conclusion to a project for the second phase of the construction of a gas pipeline from Vladimirovka gas distribution station to Sakskiy TS heating electrical station in the Crimea.

The United States assured the German government that any sanctions imposed on Russia would not affect the construction of pipelines.

Economic growth in South-Eastern Europe will stimulate construction in these countries while in Russia such a revival is not expected, the construction magazine KHL says.

The nuclear deal concluded between China and Russia earlier this month was another blow to America's declining global influence in the field of commercial nuclear energy, according to an article published on June 27 by Journal of Energy Security.

Housing prices in the Belgian capital city have been growing steadily since 2015 as a result of higher demand and lower interest rates, according to KBC bank.

The fact that the rebuilding of North Korea’s economy will cost billions of dollars is quite obvious for experts. And the big question is, whether South Korea is willing to invest in the economic potential of its unpredictable neighbor, CNBC reports.