Foreign investors again invest in Russian offices, warehouses and shops
10.01.2012 2815

Foreign investors again invest in Russian offices, warehouses and shops

The total investment in commercial real estate in 2011, according to Cushman & Wakefield's estimates, amounted to $ 8,6 billion, $ 3,26 billion (about 38%) of which was invested by foreign investors.

Jones Lang LaSalle estimates the total investment at $ 7,3 billion, 30-40% of which are foreign funds. Taking into account sales & leaseback transactions, the total volume of transactions amounted to almost $ 10 billion, 44% of which accounted for foreign players, analysts of Colliers International calculated. Moreover, in Moscow, their share is less than the average: in the capital, out of $ 7,2 billion, they invested only 36,8%, Vedomosti reports.

Despite the difference in absolute figures, the consultants agree on the main point: the share of foreign investment in the outgoing year has grown significantly, because in 2009-2010. they accounted for only 16% ($ 506 million and $ 658,5 million, respectively, according to Jones Lang LaSalle).

Among the major transactions this year with the participation of foreigners is the purchase of the Gogolevsky business center by the Hines Global REIT fund. The same fund acquired a warehouse complex (75 000 sq. M) in Khimki. Jensen Group acquired the Nevsky Passage shopping center in St. Petersburg. Heitman European Property Partners IV closed their first deals in Russia (they bought one of the buildings of the Metropolis complex). Canadian developers Trinity Development Group and Shenkman Corporation are going to invest about $ 600 million in the construction of retail parks in Russia

As a reason for the return of foreign investors, experts call high profitability and relatively weak competition.
 The total investment in commercial real estate in 2011, according to Cushman & Wakefield's estimates, amounted to $ 8,6 billion, $ 3,26 billion (about 38%) of which was invested by foreign ...
5
1
Rating

Latest News

LLOYD has rebranded

German premium footwear brand LLOYD, which changed hands in May 2024, presents a refreshed logo and corporate identity. Under the management of The Athlete's Foot Arklyz Group, the brand has a new vision, which is reflected in the slogan "Fuel a…
13.01.2025 104

Parisian brand Y/Project announces closure

Parisian women's and men's clothing and footwear brand Y/Project, known for its innovative designs and a huge following, has finally announced the end of its…
10.01.2025 253

Vietnam to increase leather and footwear exports by 2024% in 11

According to the Vietnam Leather, Footwear and Bags Association Lefaso, Vietnam's footwear and leather exports will reach $27,04 billion in 2024, an increase of 11,45% year-on-year. The association forecasts that in 2025,…
09.01.2025 327

Alliance France Cuir: "Nothing imitates leather as well as leather"

In December, the French leather industry federation Alliance France Cuir launched a digital campaign to promote the use of genuine leather, titled “Nothing imitates leather as well as…
09.01.2025 311

Dr. Martens to Leave Its Creative Director Darren McCoy

The creative director of British shoe brand Dr. Martens, Darren McCoy, is leaving his post after ten years at the shoe company. Who will replace him has not yet been announced, writes…
08.01.2025 318
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning