Construction Ritual

Журнал CRE #358 Декабрь2019
Despite the recovery of development activity and completion of the acute phase of the five-year crisis cycle, the market is still affected by expensive financing, shrinking purchasing power, change of the consumer conduct and transformation of HR and logistics segments.

As estimated by Colliers International, the industrial segment has taken the lead in recent five years in terms of commissioned space in Russia – 6.7 million sq. m of storage space alongside 5.8 million sq. m of retail space and 3.5 million sq. m of office space. The company also mentions a considerable reduction of office and retail space commissioning in Russian regions. 
Costly financing remains the key factor affecting the Russian development, S.A. Ricci concludes. Dom...
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