The expert spoke about new tools for collective investment in real estate

In Russia, there is an increasing interest in collective investments in real estate, due to the high cost of facilities. Many investors seek to diversify their portfolios, but they do not have the opportunity to purchase real estate completely. Alexander Volgin, the founder of the Lendly investment platform, identified two key areas of such investments in an interview with Izvestia on July 29.

The first direction is the acquisition of ready—made objects for obtaining rental income, including apartments, commercial areas and country houses. The second area is investments in construction and redevelopment, which allows you to create additional value and profit from the subsequent sale of facilities. These new tools enable private investors to invest in real estate with smaller amounts.

"The most famous instrument is a mutual investment fund, which is used to purchase a ready—made object. The fund is managed by a licensed management company, and equity investors purchase shares of the fund and receive income from the rental stream and from the revaluation of the property. An investor can return his investment upon the sale of the facility and the closure of the fund, or by selling his share ahead of schedule on the secondary market," Volgin said.

Crowdinvesting provides an opportunity to buy shares in joint-stock companies involved in various projects, including the construction of shopping malls or cottage settlements. Investors receive dividends, but the liquidity of this instrument is limited.

The expert drew attention to the fact that crowdlanding involves financing development projects through loan agreements, where income is generated from interest on loans, which can be either fixed or depend on profits from the sale of facilities.

There are also digital financial assets (CFAs), which are a new and promising tool that allows you to invest in real estate through the purchase of tokens linked to property ownership rights. This is a more affordable way to purchase small properties and assumes high liquidity in the secondary market.

According to Volgin, when choosing an investment instrument, it is extremely important to take into account the reputation and professionalism of the organizer, since a private investor relies on him in evaluating and managing projects. The main risks are related to the incorrect evaluation of projects. Investors should select projects according to their risk tolerance: rental income properties have low risk, but also low profitability, whereas development projects can offer more than 30% per annum, but involve high risks. Collective tools allow you to diversify investments even with small investments.

Luxury replenishment: prices for luxury housing have increased by almost a third in a year

The sales volume in this segment increased 2.5 times.

On July 28, Dmitry Khalin, Managing partner and CEO of Intermark Urban Real Estate, told Izvestia that after reducing the key rate to 18% by the end of the year, prices for luxury housing in Moscow could rise by 15% and demand would increase by 25%. Currently, mortgage rates are at around 24%, but they are expected to decrease to 20-22%. Although this is still considered a high indicator, such a decrease will allow some buyers to take advantage of mortgage loans.