The Russian company Kalinka Group and the French company Barnes have created a real estate agency.

As reported by "Stroygazeta" in the press service of Kalinka Group, Kalinka-Barnes was created in Moscow to support Russian real estate buyers abroad and attract foreign clients to the domestic market. The company will provide access to properties in leading global centers and elite resort areas for purchase, rental, and investment.

"Despite the general decline in activity due to political, economic, and tax conditions, Russians are buying real estate abroad. They are actively interested in properties in Paris, London, Brussels, Geneva, New York, Miami, as well as properties on the French Riviera and Alpine resorts. The requirements of affluent clients are becoming higher, and the geography of interest is expanding to new destinations such as Scandinavian countries, Deauville, Biarritz, Corsica, Mauritius, St. Barts, and others," the press service said.

As added by the company, the Moscow market, in turn, is becoming more attractive to foreign investors due to the devaluation of the national currency. Prices for luxury housing in the Russian capital are decreasing in dollar equivalent by 30-60%.

«Kalinka Group's clients are our target audience, with whom we work worldwide. Over the years, we have observed the company's development and now declare that its expertise meets global standards,» said Barnes President Thibaut de Saint Vincent.