At the end of 2018, developers in
St. Petersburg purchased land for a total of $480 million. This is 150 million less than in 2017. This year, a decline in the volume of investments in this segment is expected.
5 ha. The most active investors in land plots were Setl Group, RosStroyInvest, Akvilon Invest, RBI.
92 percent of all transactions came for land plots under
residential construction. According to experts, in the first half of 2018, land transactions were concluded by 30 percent more, than in the second. The main reason was the rush of developers, who were in a hurry to form land banks before July 1.
Total
St. Petersburg real estate $1.07 billion was invested last year, down 19 percent from a year earlier. The reduction occurred in all segments. At the same time, the share of foreign investments turned out to be the highest over the past seven years - 36 percent (380 million dollars) in the total structure of investments.
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buying real estate,
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St. Petersburg, Irkutsk, Vladivostok, Pattaya, Dubai, Alanya, Phuket and Toronto.
GZHF.rf is one of the five largest international real estate agencies in Russia.
