14 December 2021
American Chamber of Commerce will present the Russian Real Estate Market: 2021 Review
On 15 December 2021, the American Chamber of Commerce will present the Russian Real Estate Market: 2021 Review. The event will be held online at 1:30 p.m. Among the participants are Denis Sokolov, Partner & Head of East Region Research and Marketing at Cushman & Wakefield, and Zakhar Valkov, Chief Operations Officer at Radius Group.
Zakhar Valkov will speak about the main trends 2021 in the warehouse sector, give an outlook of its further development and share the cases of top requested formats,
“The warehouse real estate market keeps surprising the market experts and players – for two years in a row it has been setting records in demand, commissioning volumes, rent rate growth and investment appeal. Today almost all those who can build stream into here. However, institutional developers are reserved in their optimism and do not rush after the new players to announce projects worth millions. The market is turbulent and has bottlenecks – increased construction costs, appreciation of labour, increased demand for highly automated customized buildings, etc. All of this brings forward progressive development where millions of square meters may not be commissioned at once.”
To register and get more information on the event, please go to: https://www.amcham.ru/eng/events/upcoming/20211215_rec?fbclid=IwAR1Zsi2MUTlFPOeWWVuQ0bC6O7xs1oXxsWZrunqAAyI5Brpp7vpDeLzKtlU