In Russia, 15 percent increased demand for commercial real estate. This is reported by Izvestia with reference to market participants.
According to the publication, the growth in demand is due to the situation in the housing market: prices for it, and together with them and payback periods increased, and the share of liquid objects has become much lower than before the pandemic.
According to the partner of Colliers Stanislav Bibika, people who used to buy apartments, now they can no longer get from them adapted to today’s level of profitability.
“Citizens who previously acquired apartments, now they can no longer get the planned level of profitability. Over the past year, interest in commercial real estate by private investors has grown by 10-15 percent,” said specialist.
Mostly increased demand for commercial areas with a price below 100 million rubles. And in this regard, played its role “overheated” housing market.
Earlier it was reported that the level of approval of mortgage applications by the beginning of July was reduced in Russia to a four-year minimum, it is currently in the range from 64 to 66 percent. Bankers explain the high stake of failures by the influx of “bad” borrowers, who among others rushed for housing loans due to record low rates.