Reach for the Sky
Above all, this goes for Russia’s commercial real estate market. Here, investment volume, which already hit a record high in 2006 (at around $3.2 billion, or €2.2 billion), went even further in 2007. By the end of last year, we estimate that the figure rose to around $4.5 billion (€3.1 billion) — a 41 percent increase on the previous year. Strong growth characterises the office market as well as the retail and logistics property markets.
SETTING THE STAGE
The Russian real estate market offers a number of attractive i