TENDENCIES FOR INVESTMENT IN RUSSIAN ECONOMIC CLIMATE The

TENDENCIES FOR INVESTMENT IN RUSSIAN ECONOMIC CLIMATE The work done by Khusenova Sabina

The plan of my presentation The definition of investment Investments in Russian assets Investors before and after the crisis Investment map of assets International comparison of premises for warehouse Minimum rate of return. Russia and Europe The situation after sanctions REFERENCES

Investment is a process of exchanging income for an asset that is expected to produce earnings at a later time

Average annual investment in the Russian real estate($million) 5000 4000 3000 Russian 2000 Foreign 1000 0 2004 -2008 2009 -2013

Investors before and after the crisis Before $ million After $ million Meini 700 -800 O 1 Properties 3000 -3500 AIG/Дойче Банк 650 -750 Группа БИН 2500 -3000 Ivanhoe Cambrridge 400 -500 Morgan Stanley 2000 -2500 Immoeast AG 400 -500 Millhouse Capital(Roman Abramovich) 1000 -1500 AFI Development 400 -500 FORTGROUP 900 -1000 Raven Russia Ltd. 400 -500 ВТБ Капитал и партнёры 800 -900 Orco Property Group 300 -400 Сбербанк 500 -600 Sponda Russia 300 -400 Верный Капитал 500 -600 Whitehall Fund(Goldman Sachs) 300 -400 Immoeast AG 500 -600 RP Capital Group 300 -400 Platforma(Сергей Гордеев) 400 -500 Quinn Group 250 -300 Romanov Property Holdings Fund 400 -500 Седьмой континент 250 -300 Azimut Hotels 400 -500 ООО «Бисквит» 250 -300 UFG Asset Managment 400 -500

2004 -2013 Investment in Russia Foreign Investment Office sector IFC 25% Office sector IFC 35% 39% 49% 7% 8% 11% Warehousing sector The hotel sector Trade sector 9% 7% 10% Warehousing sector The hotel sector Trade sector

2011 -2013 Russian market Global market Office sector IFC 2% IFC 34% 26% 40% Warehousing sector 7% 9% 10% The hotel sector Trade sector 48% 8% 13% Office sector Warehousing sector The hotel sector Trade sector 3% Other

International comparison of premises for warehouse Frankfurt Moscow London Budapest Munich Prague 0 1 2 3 4 5 6 square meter per capita

Minimum rate of return. Russia and Europe Moscow Paris Frankfurt Warsaw

REFERENCES 1) Russian real estate website: ”Коместо” 2) JLL companys research