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SOFAZ studying opportunities to invest in real estates in several markets

“In spite of lagging in real estate markets such as London and Moscow in 2016, a development dynamic was observed in the markets in which SOFAZ made investments. Taking these into account, we can say SOFAZ’s investments in real property justified themselves”, SOFAZ Executive Director Shahmar Movsumov said in his interview to APA-Economics.

According to him, SOFAZ places emphasis on the long-term profitability indicators in real estate investments and currently, this index makes up 6-8%.

 

“SOFAZ is studying opportunities to invest in real estates in US, Europe, Asia and Pacific Ocean which have perspective and transparent market, promises profitability for investments. There will also be invested in real estate assets and funds in the future”, he added.

 

Full text of the interview will be posted on the website later.

 

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