In the first half of 2017, the volume of investments in Russian real estate exceeded $2 billion, which is 39% higher than the same period last year, according to research by JLL.
While in the second quarter of this year, $1.4 billion were invested in Russian real estate, which is almost twice more than in the same period last year.
“The stability of the national currency, rebuilding of the economy and real estate market contribute to the further improvement in investment activity. In particular, in the first half of 2017, a number of deals, which had been negotiated in 2016, were closed, what has resulted in an overall increase in the number of transactions. In the second half of the year, we expect to close several more transactions launched last year”, the head of the research department of JLL in Russia and CIS, Olesya Dzyuba.