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#4 (30) Северо-Запад 04.2010

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Interview

Alexei Chichkanov: «“The hands-on approach must be transformed into a system work style.”»

In late 2009 Alexei Chichkanov took the helm of one of the key municipal committees– The Committee for Investments and Strategic Projects (CISP). This expert boasting rich experience in public investments and city-owned property management will have to put into life a new approach to investor support. The city is going to switch from hands-on management of individual strategic projects to system work on the improvement of the investment climate. In his interview to CRE North-West Mr.Chichkanov unveiled this process of tranisiton.

Cover Story

Crisis-Driven Intervention

Foreign investors became the main players on St.Petersburg’s commercial real estate development market in 2009. While Russian companies were freezing their projects,the level of foreign investments in St. Petersburg even somewhat increased, although all Western companies invested into completion of their projects that started in 2006–08. In the years to come they may back out because the local market has lost much of its attraction, according to experts

Entertainments

Reviewing the St. Petersburg Cinema Market

Movie theatres are the favorite anchor tenant of mall developers, since they also serve as traffic-drawing magnets.Furthermore the most important of arts does not surrender its positions even under most unfavorable economic conditions –St. Petersburg’s cinemas were almost unaffected by the crisis.To the contentment of landlords and operators, their attendance figures remained at the same level, since cinema has always been the most affordable leisure for the population.



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