In the next 12 months, an increase in the number of transactions with the participation of Russian investors is expected in the real estate market. This was reported by Natalia Tischendorf, Manager of RPHF, in her speech at the AEB Real Estate Day.
On October 1, the AEB Real Estate Day organized by the Association of European Businesses was held in Moscow. Within the scope of the conference, international and Russian experts discussed the state of the Russian real estate market, current strategies and new opportunities for private investment funds in Russia and intentions of foreign investors.
Over the past six months, asset owners have adjusted their price expectations. Furthermore, there is Russian capital in the market which is still interested in the real estate sector. More affordable borrowing costs, as compared to those 6 months ago, indicate that transactions with participation of Russian capital will be closed in the near future.
According to Natalia Tischendorf, Manager of Romanov Property Holdings Fund, in the next 12 months, an increase in the number of transactions with the participation of Russian investors is expected in the real estate market.
Most of the participants agreed that the current strategy of investment funds today reduces to three key aspects: high-quality management of the current portfolio, marketable assets analysis, and current loan portfolio optimization.
Today, the success of commercial real estate is not determined by its location only. "In a volatile economy, Property Management services come to the fore. Professional management is aimed at retaining current tenants and filling vacant spaces," Natalia Tischendorf said.