In the European housing decided not to invest


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The volume of investments in European real estate totaled 43 billion euros in the second quarter, up almost 40 percent less than the same period last year. This is stated in the study of CBRE, writes RIA Novosti.

In the second quarter, investors decided not to invest in real estate because of the pandemic coronavirus and uncertainty in the market. However, in the first quarter, investment volumes reached record-high values due to large deals in Germany, UK and Scandinavia.

Investment in Russian real estate in the second quarter showed similar with the European market dynamics. The volume of investments has decreased by 19 percent to 47 billion rubles. If Europe warehouse real estate and rentals have outdone the rest of the segments, in Russia most of the money was sent to the residential segment and office properties.

Earlier it became known that the most expensive rented apartment Moscow rent for 200 thousand rubles per month. This apartment is located in a residential complex Neva Towers in the business center “Moscow-city”. Apartment of 60 square meters located on 19th floor of a skyscraper.

Video, photo All from Russia.


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