Dear readers! We present to your attention the third issue of the LOGISTICS journal for 2025. Our editorial staff, like all our colleagues, is preparing for the TransRussia 2025 exhibition, the largest event in the industry. In this issue, we have prepared an interview with Natalia Lomunova, Director of TransRussia, with whom we are talking about a flexible approach, new participants and digital services. We continue the series of articles from P.V.
Dear readers! We present to your attention the first issue of the LOGISTICS journal in 2025. First of all, we would like to draw readers' attention to our new partner R1 Development, a development company that creates a new generation environment and specializes in the construction of industrial, logistics, commercial and residential real estate. One of the projects of R1 Development is the Druzhba industrial park network.
Dear readers! We present to your attention the final issue of the LOGISTICS journal in 2024. We have tried to make it rich and interesting. Today, many Russian companies operate under strict sanctions restrictions, which force them to reorient logistics flows. One of the possible solutions to this problem may be the Russia – Mongolia – China economic corridor. Details can be found in the article by Alexandra Kazunina.
Moscow, 06 April, 2016 – In Q1 2016, Russia’s real estate investment volume reached USD982mn, nearly doubling the volume in the same period in 2015 (USD499mn), according to JLL calculations.
Taking into account current active negotiations and due diligence activities, we project the annual investment volume to approach USD4bn (a 74% rise from 2015). However, high volatility of oil prices, which remain the key factor for the Russian economy, creates downside risks to our forecast.
Vladimir Pantyushin, Head of Research JLL, Russia & CIS, commented: “Russian assets became more attractive due to the ruble devaluation. Investors still face hurdles from the high exchange rate volatility and uncertainties in different market segments. In this context, an increase in investment volumes in Q1 2016 serves as a sign that the market has likely bottomed out.”
Investors continued to focus on assets in Moscow, which accounted for 93% of all investments in Q1 2016 compared to 98% a year ago. Investments in St. Petersburg real estate market reached USD61m in Q1 2016, raising its share to 6% versus no deals in Q1 2015.
Saydam Salaheddin, Regional Director, Head of Capital Markets, JLL, Russia & CIS, noted: “The share of foreign investments came to 12%. I would like to highlight the sale of logistic centres PNK-Chekhov-3 and PNK-Severnoye Sheremetyevo to a consortium including the RDIF and Mubadala, a UAE sovereign wealth fund, which closed its first deal on the Russian real estate market. This illustrates the attractiveness of Russian assets to foreign investors”.
Market yields remain unchanged from the previous quarter. In Q1 2016, JLL estimates prime yields in Moscow at 10.5% and 10.75% for offices and shopping centres respectively, and 12.0% for warehouses.