In the 1st quarter 2007, the warehouse market continued to demonstrate rapid development. In spite of the considerable and still growing interest of international investment funds and large developers in the construction of warehouse projects in regions, the warehouse market of the Moscow region is maintaining high investment attractiveness.
Russia’s industrial real estate market is still very young but maturing quickly. The development of large scale warehouse schemes is gaining pace. Though the market is still largely limited to Moscow and St.Petersburg, quite a few regional plans were announced in 2006.
Warehouse market demonstrates unexampled high level of investment activity. Several funds interested in buying large
and profitable warehouse premises entered the market. This tendency is explained by...