Russia Real Estate Report 2016 - Business Monitor International - Industry Reports

Russia Real Estate Report 2016

Russia Real Estate Report 2016 - Business Monitor International - Industry Reports
Russia Real Estate Report 2016
Published Feb 27, 2016
65 pages — Published Feb 27, 2016
Price US$ 1,295.00  |  Buy this Report Now

About This Report

  
Abstract:

BMI View: Rental rates and occupancy levels are both expected fall over the course of ----, following a poor performance in ----. We expect demand from foreign players to remain low and barriers to entry to remain high. ...The office sector is set to see falling rental rates, in US dollar terms, in ----, with occupancy rates also in decline. Demand for new space is low, although due to falling wages, companies are avoiding downsizing staffing levels and we expect that once the economy begins its resurgence, growth in the office real estate sector will be quick to respond. Russia s retail sector is one of the largest commercial sectors globally, but we expect that in ---- demand from new tenants will be low, and therefore rental rates and occupancy rates will remain in decline over the year. ...Even if sanctions are lifted, demand will remain subdued due to economic slowdown in key

...� Business Monitor International Ltd Page - trading partners, and the fall in the price of oil, while economic and political uncertainty at home will keep domestic demand drivers down. This has led us to maintain our negative outlook on rental rates and occupancy levels. ...This has led us to maintain our negative outlook on rental rates and occupancy levels. Russia s property market is traditionally dominated by domestic players, although Western sanctions are creating opportunities for Chinese and Middle Eastern companies to increase their share in the Russian real estate development market. In general, though, the country s weak economic outlook, falling private consumption, faltering and consolidating banking sector, and the slow pace of monetary easing will continue to put pressure on rental costs growth and occupancy rates in the near term, limiting investment opportunities. ...Russia s property market is traditionally dominated by domestic players, although Western sanctions are creating opportunities for Chinese and Middle Eastern companies to increase their share in the Russian real estate development market. In general, though, the country s weak economic outlook, falling private consumption, faltering and consolidating banking sector, and the slow pace of monetary easing will continue to put pressure on rental costs growth and occupancy rates in the near term, limiting investment opportunities.

...The Russian commercial real estate sector has good rental yields for developers across office, retail and industrial properties. The industry self-regulates the amount of new development, oversupply balancing with demand. ...Companies are seeking to keep workers on rather than lay staff off. Employment levels are being sustained by reducing wages, ensuring a strong workforce once the economy begins recovery. Russia s fixed investment performance is resilient, given political uncertainty. ...

  
Source:
Document ID
2040-7793
Country
Industry
Format:
PDF Adobe Acrobat
Buy Now

Business Monitor International - Industry Reports—Established in 1984, Business Monitor International is a leading online publisher of specialist business information on global emerging markets. Business Monitor's range of quarterly services covers political risk, finance, macroeconomic performance, outlook and forecast, industry sectors and the business operating environment. Each Industry Report has been researched at source, and features latest-available data covering production, sales, imports and exports; 5-year industry forecasts through end-2012; company rankings and competitive landscapes for multinational and local manufacturers and suppliers; and analysis of latest industry developments, trends and regulatory changes.

About the Author


Cite this Report

  
MLA:
Business Monitor International - Industry Reports. "Russia Real Estate Report 2016" Feb 27, 2016. Alacra Store. Dec 04, 2016. <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Russia-Real-Estate-Report-2016-2026-964>
  
APA:
Business Monitor International - Industry Reports. (2016). Russia Real Estate Report 2016 Feb 27, 2016. New York, NY: Alacra Store. Retrieved Dec 04, 2016 from <http://www.alacrastore.com/storecontent/Business-Monitor-International-Industry-Reports/Russia-Real-Estate-Report-2016-2026-964>
  
US$ 1,295.00
$  £  
Have a Question?

Any questions about the report you're considering? Our Customer Service Team can help! Or visit our FAQs.

More Research

Search all our Market Research from one place.