NAI expands coverage in Russia

Princeton, N.J. NAI Global announced Thursday it is expanding its coverage in Russia with the signing of Becar Realty Group.

The firm will now operate as NAI Becar, with brokerage offices in Moscow and St. Petersburg.

Based in St. Petersburg, NAI Becar offers property valuation, property and portfolio management, investment sales and tenant-representation services for office, retail and industrial properties. Becar Realty Group also provides facility management and cleaning services for its clients, and operates offices across more than 30 cities in Russia.

“Russia was one of the hottest global property markets before oil prices plummeted and the global recession hit last year. We expect the market to improve and recover in step with the global economy,” said Jeffrey M. Finn, NAI Global president and CEO. “We are working closely with the team at NAI Becar to provide the services and infrastructure necessary to support their growth and success.”