Currency in GBP
Last close As at 06/02/2023
— 0.00 (0.00%)
Raven Russia has been developing industrial real estate in Russia since 2005 and has a portfolio of over 1.2m m2 of Class A warehouses in four Russian cities. All its warrants, ordinary and preference shares are listed on the London Stock Exchange.
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With the Russian economy recovering to pre-pandemic levels and e commerce activity continuing its strong pace of growth, the Russian warehouse market, in which Raven Property Group is a leading long-term investor, is performing strongly. Low vacancy, a lack of new supply and increased construction costs are driving accelerated rental growth, and this is supporting capital values, despite a significant rise in interest rates.