RD Group Took Part in the VII Real Estate Finance Forum


Tatyana Khoreva, Vice President at RD Group, and Natalia Tischendorf, CEO at AVICA, participated in the VII Real Estate Finance Forum which took place in Moscow on March 3.

As part of the business program, the Forum participants discussed the plans of the state bodies on support of the real estate and construction market in Moscow and Russian regions, the tools to regulate the demand and offer in a new economic environment, the projects which banks are ready today to credit, the situation in the office, trade and warehouse real estate and its attractiveness for the Russian and foreign investors.

Tatyana Khoreva spoke at the session on commercial real estate and presented her opinion on the situation in the office market, besides, she reported on specifics of building mutually beneficial relations between the owner and the tenant. “Long-term lease agreements between the owner of an office center or a trade center and the tenant guarantee stability for both parties. As for the facility owner, it may also be used as security to the bank when obtaining loans for new projects or in an asset purchase transaction, while the tenant acquires a possibility to make exact budget planning with respect to the lease expenses.”

Natalia Tischendorf took part in the session on investments and commented on the investment attractiveness of the commercial real estate in Moscow for foreign investors. “In 2016, we expect one or two transactions with participation of the investors from Asia and the Middle East in the trade or office real estate sector in Moscow. As for investors from Europe and America, they demonstrate “let’s wait and see” attitude towards the Russian market  and wait till the economic sanctions are removed, the foreign currency exchange rates are stabilized and oil prices make USD 45–50 per barrel.”

The Forum was also attended by the representatives of the state bodies and banks, heads of development and construction companies, Russian and foreign investors, owners of commercial and residential real estate.