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Selling to Russians News: Russians invest in commercial properties worldwide
August 01, 2013

Hi Everyone,

Russians invest in commercial properties worldwide

Everybody talks about the trend: Russian investors turn to buy more and more commercial real estate in foreign countries instead of residential. For obvious reasons it's not easy to find any stats on the issue though. Eventually I've got to a recent report on investing in commercial properties in Russia and foreign countries by Russian investors published by one of the Russian banks called Rossiyskiy Kapital.

The report states that some private Russian investors got disappointed with using residential properties in Russia and abroad - homes and condos - as means of making money; obviously, the problem of managing their rental properties is the most important one. On the other hand, commercial properties are being rented for long terms and there are no problems with renters' bad behaviour, etc.

The report also states that while only 10% of private Russian investors invest in commercial real estate in Russia, a whopping 30% invest in commercial properties abroad. What is the reason for that? The foreign markets of commercial real estate are well developed already, but in Russia it's still a developing industry with all its uncertainty.

Today I'd like to give you an idea of what kind of commercial properties, for what prices and in what countries of the world Russian investors purchase.

For that I went to the most visited Russian international real estate portal to see what is listed there (of course, you realize that there is no possibility to have any complete data on what commercial properties were actually sold to Russian investors in various countries)

On the day of my research there were 3664 commercial properties from all over the world listed on the portal priced from 3,000 Euros ($4,000) up to 165,000,000 Euros which makes about $200,000,000.

Among them in terms of types of commercial properties for sale:

- Hotels - 35%

- Rental homes – 22%

- Offices – 11%

- Retail places – 8%

- Restaurants – 4%

- Industrial buildings – 1%

- Others – 19% (spas, discos, mixed use, etc.)

The top 5 countries with commercial properties for sale represented on the portal:

- Germany – 34%

- Spain – 12%

- Montenegro – 8%

- Italy – 7%

- Greece – 5%

These top countries offer two thirds of all commercial properties for sale in Russia while one third belongs to many other countries combined.

Need a report on your competition if willing to offer your commercial property for sale to Russian investors? Need help with marketing and advertising your commercial property for sale in Russia? Email me.

To your best business success,

Sincerely,

Olga Kellen,
"Anything Russian",
English - Russian Translator,
Associate member of ATA,
American Translators Association
www.english-and-russian.com
Author of the e-book for realtors
Selling to Russians

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