At the same time, Sergei Ryabokobylko pointed out that real estate start-ups were a high competitive environment: each narrow sector has from two to three rivals and three or four companies more are ready to enter the fray.
Expert noted that it was difficult to assess a volume of investments in real estate start-ups in Russia.
“Developers in Russia most often work with global investors and it is hard to single them out from the rest” he stressed.