Alexey Kozak, Co-Head of Real Estate at VTB Capital, participated in the conference “Real estate development projects in the new economic environment”. The conference, held on April 24, 2014, in Moscow, is part of the international Real Estate Exhibition (REX) business program.
Alexey Kozak attended the session titled “Financing real estate development projects in the unstable markets. How do banks and investment funds meet new economic and political challenges?” Participants addressed such questions as changes in loan issuance requirements, real estate projects refinancing and shared their views on main trends and factors which will define real estate financing in the future. Panelists also discussed pay back periods of commercial real estate in light of increasing competition between shopping centers and the decrease in retail consumer demand.
Each year the REX commercial real estate exhibition is attended by representatives of the leading development, retail and financial companies.
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