The consulting company Praedium Oncor International analyzed the main events in the commercial real estate investment market in May 2011.
According to the company's analysts, the locomotive for the resurgence of investor interest in commercial real estate in the regions today is the retail real estate segment. In May, it became known immediately about several investment transactions. Development company DVI GROUP purchased the largest shopping and entertainment complex project in Irkutsk from the Torgovy Kvartal-Irkutsk firm. Construction of a complex with a total area of 75 sq. m DVI GROUP intends to complete by the end of 2012. In addition, the same company announced the sale of the third stage (24 sq. M.) Of the Komsomoll shopping and entertainment complex (G --104 000 sq.m, GLA - 68 000 sq. M.) In Volgograd company Castorama.
Another significant event - Sberbank Leasing refinanced the construction of the Tsentralny shopping complex in Ufa. The transaction amount exceeded 3 billion rubles, the contract was concluded for a period of 10 years.
“Despite the fact that it is premature to speak about the rapid growth of investment activity in the regions of Russia, the tendency to restore it has already been outlined. And if in 2010, the share of regional transactions in the total volume of investment transactions amounted to 8%, at the end of 2011, this figure can reach 15-20%, ”the company said.
In Moscow, investment activity is even more obvious. A striking example of this is the acquisition by VTB Capital of a stake Coalco in the class A business center "White Square", as well as part of the "White Gardens" project. If the trend continues, the volume of investments in the commercial real estate sector by the end of 2011 in our country can easily cross the $ 5 billion threshold.
Praedium ONCOR International - is a member of the Association of the international network of consulting and brokerage companies Oncor International and represents its interests in Russia. Oncor International has 170 offices in 35 countries in major commercial real estate markets, including North and South America, Europe, Africa, Asia and Australia. According to National Real Estate Investor, ONCOR International ranked 11 in the 25 ranking of the largest brokerage companies in terms of real estate transactions in 2008 ($ 20,1 billion).