OREANDA-NEWS The volume of investments in Russian real estate in January-July 2024 increased by 1% compared to the same period last year to 437 billion rubles, the IBC Real Estate consulting company said in a statement.

It indicates that investments from housing developers and commercial real estate in January-July reached 188 billion rubles. This is the highest result for seven months since 2000. At the same time, the dynamics are the opposite in percentage terms. The share of developers was 43% compared to about 60% in 2020-2022.

According to the company's calculations, the top three, in addition to developers, included banking structures and investment funds that manage ZPIF, which account for 13% each.
"
"The trend for the purchase of real estate in the ZPIF has been actively developing for about five years. In January-July of this year, about 700 thousand square meters of existing and under construction areas were purchased in total, while 94% of investments were made in warehouse complexes," the message adds.

It also notes that despite the further strengthening of monetary policy by the Bank of Russia, investors remain interested in investing in real estate. It is expected that the annual indicator of investment activity may exceed the mark of 600-650 billion rubles.