IBC Real Estate estimates aggregate investment inflow into real estate assets in the first half of 2023 reached 360 billion rubles. That is twice as much as a year earlier, and almost comparable to the annual value of 2021.
The volume of investments in real estate in Russia in the second quarter of 2023 tripled compared to the same indicator in 2022 and amounted to 219.5 bln RUB. More than half of the total volume of transactions is formed by trade segment.
Growth of investments into the real estate in the first half of 2023 is due to a number of the reasons. First of all, there is factor of “postponed demand”: during the whole year in 2022 market participants showed care, postponing their investments, and make up now for missed chances, increasing activity in the market, Aleksei Perlin, the owner and the founder of Upside Development company explained to “Invest-Foresight”.
“As for further behavior of market participants, in medium-term we can expect further growth of activity, — the expert predicts. — Number of inquiries from buyers, including with the investment purposes, gradually grows. Projects with the thought-over concept will face stable demand among buyers. They are highly liquid investment.”