10.09.10
Dan Eliasson has been appointed Senior Director, the Head of Capital Markets for CB Richard Ellis in Russia. Dan has jointed a team of 493 experts that work in Moscow office of CBRE. Prior to joining CB Richard Ellis, Dan Eliasson worked for European Resolution Capital Partners (ERC), which is specialized in assistance to financial and banking organizations in asset management. At different times he was the Portfolio Head of Financial Restructuring and Recovery Unit for Swedbank in the Baltic and in Russia managing a portfolio of distressed real estate loans.
Before that Dan was managing for 2 years Catella Russia, property and corporate finance consultancy services on the Russian real estate market.
Four years ago Dan Eliasson was the Head of Legal department in IKEA, Russia & Ukraine.
In 2000 Dan received Master\'s degree in Law at the Uppsala and Stockholm University in Sweden. On doing his Master’s he completed his Bachelor’s in Economics and Business Administration at the same university.
Right after his graduation Dan Eliasson worked as an associate for Linklaters.
Dan’s native language is Swedish. He is fluent in English and speaks Russian, French and German.
The economic crisis caused a decrease of foreign investments into Russia. In 2009 foreign investment amounted to $81.9 bln. A downturn in the real estate market caused a decrease in foreign investment. In 2009 direct foreign investments in CEE real estate fell by 71% in comparison to 2008. Beginning in 2010 we see the real estate market starting to recover. CEE real estate investment reached €953 mln in Q2 of 2010, a 32% increase on the €721 mln transacted in Q1 of 2010, according to the latest data from CB Richard Ellis. Investment turnover in Q2 2010 in Russia amounted to €285 mln (a 20% increase on the €229,41 mln transacted in Q1 2010).
Darrell Stanaford, Managing Director of CB Richard Ellis for Russia: "In H1 2010 11 investment deals were transacted in the Russian commercial real estate market. Investors from Norway, Switzerland and Turkey were involved in three investment deals in 2010 with a total value of €76,4 mln, one being closed in the hotel segment in Moscow and two in St. Petersburg (offices). Russian investors participated in eight deals with a total value of approximately €440 mln. Four of these deals were closed in the office market (three in Moscow and one in St. Petersburg), two in the retail segment in Moscow and the regions, one in the hotel market in Barnaul and one being closed in the residential sector in Moscow. We hope that Dan’s international experience will help the CBRE Capital Market’s team to expand the portfolio of investment deals in the Moscow real estate Market".
