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This case is loosely according to my knowledge over the 2008 world-wide economic crisis with an identical real estate development in Moscow. It had been a unique time—and a special disaster—but lots of the considerations are exactly the same.

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2 Even with rising sanctions because 2016, Countless U.S. firms have places of work or services in Russia. Nikolai defined additional of the details. The proposed manage the Kazakhs would monetize the venture’s $a hundred million of invested equity additionally a little income.

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Which will consider time and a great deal of effort, of course. Back again in 2008 we experienced dozens of approach meetings, and Alex will require to carry out the exact same. But our tactic worked. The industry settled. We have been in a position to keep our lessees. And we designed four occasions the gain we had at first projected.

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