Tatiana Khoreva, Deputy Head of the Representative Office of RD Group Holding for Financial and Economic Matters, spoke at the CRE Summit.
According to Tatiana, the plenary concurred that the market is not undergoing a crisis, there is no pessimistic sentiment. The branch is adapting to the current conditions successfully, new strategies are being developed, relations with tenants and buyers are being established. There are major investors in the market actively seeking for real estate projects to invest in. Tatiana Khoreva mentioned Morgan Stanley as an example.
According to the expert, companies with high-quality projects and a team of professionals show high performance and make plans for the development. Also, speaking about successful business factors, Tatiana noted built-up relations with credit institutions and the ability to work with such financial instruments as Eurobonds.
The issue of attracting funds by developers was discussed from various perspectives during the Possible Sources of Funding session. RD Group expert suggested that the main sources in the near future will still be the banking institutions, as well as unit investment funds, non-state pension funds and Eurobonds mentioned above.
As a reminder, the CRE Summit 2015 started on June 24 and will close today. Along with Tatiana Khoreva, Sergey Vadyaev, Manager of Vremena Goda shopping galleries, will also address the conference. The event is hosted by Imperial Park Hotel & SPA near Moscow. Other topical subjects include: construction expenses optimization, the influence of the rent rate on market development, etc.