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The currency factor in Russian commercial real estate

​JLL Research and Sberbank CIB Investment Research present a joint report about the currency factor in the Russia commercial real estate market. The exchange rate continues to play a critical role in market operations. The report presents a comparative analysis of rouble and dollar rental contracts under different macroeconomic scenarios. Foreign currency loans on the balances of developers are also analysed, with recommendations on the results of their potential conversion to rouble loans under different conditions.

We offer readers an interactive tool to examine the results of our scenario analysis and to apply their own economic forecasts and lease parameters. The tool can be found in the Research section at​.

Please fill out the form to download the report.

pdf | 3768146