RUB 13bnHotel investment, January–September
+95.3%Hotel investment, year on year
Hotels move into the leading group
Five hotel transactions covering 88,300 sq m brought investment to RUB 13 billion. Hotels represented 23% of the region’s commercial-property investment and 41% of hotel acquisition volume across Russia.
A broader increase in activity
Commercial property and development land together attracted RUB 115.5 billion, up 57% year on year. The commercial-property portion totalled RUB 57 billion, led by industrial, office and hotel assets.
The full-year outlook
The October forecast puts total regional investment at approximately RUB 140 billion by the end of 2026. This is an outlook published in October, rather than a completed full-year result.