Russian real estate investment set for new record in 2023 ...News

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Russian real estate investment set for new record in 2023
The boom comes amid an exodus of foreign firms, according to research The volume of investment in Russian real estate surged 76% from January to May in annual terms to reach 274 billion rubles ($3.4 billion), an industry study has shown. Research conducted by IBC Real Estate evaluated investment transactions in residential, retail, hotel and industrial properties, excluding the purchase of plots without a project, joint ventures and the sale of housing to end users. According to the report, 2022 saw a record $6.2 billion of investment, of which $3.7 billion was recorded in the second half of the year. Deals so far

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