Investment in Russian commercial real estate dropped by 44% year on year in the first five months of 2015, CBRE is reporting. The drop is being blamed on a combination of geopolitical problems and the excessive volatility that plagued the financial markets in the last months of 2014 and the beginning of the current year. Analysts believe that the worst may be over for Russia’s commercial property sector, however, as there is a belief that vacancies may have reached their peak.
Source: Rosbalt