In Search of «Good Price»

Журнал CRE #255 Июнь2015
The year 2014 was marked by a sharp decline of investments in the Russian commercial real estate market. The national economy was shrinking, loans became ever less affordable, the ruble exchange rate renewed historical minimums several times and the transactions planned long ago were frustrated. What’s going on now in the investment sector?


According to JLL, in the first quarter of 2015 the volume of investment transactions on the Russian market dropped by 33% compared to the same period last year to about $500 million. JLL analysts prognosticate the annual amount of investments at the level of $3 billion with a possibility of upward correction. “It’s hard to make forecasts today: one deal may significantly influence the total volume, even though it’s tough to close dea...
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