Russian and CIS Overseas Commercial Property Buyer Report 2015
Moscow, Russian Federation, February 10, 2016 (Newswire.com) - The Russian and CIS Overseas Commercial Property Buyer Report 2015 is the fifth major study to be published by Tranio. It encompasses primary research from two major surveys conducted with real estate stakeholders and Russian investors worldwide. In total, 714 respondents across 37 countries participated in the research.
This report presents the leading characteristics of Russian overseas buyers and future trends.
"The number of Russian-speaking buyers for overseas residential property will shrink by another 20-30 % in 2016. […] Nevertheless, the amount of Russian-speaking investors for commercial property should grow by 20-30% in 2016."
George Kachmazov, Managing partner and real estate expert at Tranio
Topics covered:
- Top overseas destinations
- Investor motivations
- Popular property types
- Transaction times and loans
- Origin of funds and investment plans
- Specific issues and risks
- Future trends for residential and commercial investments
Germany, Spain and the US emerged as the leading destinations for overseas property requests but Russians spend 40% more than locals on commercial property in Spain and 70% less in the UAE.
The most important aspect of Russian investments after the ruble crisis is the search for yields via individual buy-to-let residential property or commercial real estate, predominantly in Europe.
The recession in Russia has forcibly transformed buyer habits and transaction volumes. Market players should expect interest in personal dwellings to dwindle but plan ahead as demand increases for income–generating property.
For the full report, click here.
