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«    March 2018    »

Russian real estate market experiences unexpected growth

logo russianconstruction.com
Russian real estate market experiences unexpected growth

In the first half of the year, a total amount of investments in the real estate sector of Russia has increased by 85%, up to 2,076 bln euro, compared with the similar period last year.

This is what CBRE consulting group told Construction.RU on Tuesday. The company’s representative specified that the most impressive growth on the market regarded the number of transactions with housing projects, as well as with land plots intended for housing construction.

Their portion has reached 84% of a total volume of investments in the second quarter of the year 2016. For the whole of the year, the experts expect that the volume of investments in the Russian real estate sector will grow up to 4,1 bln euro.

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