Page 135 - RusRPTMay21

Cottage Construction (NAMIKS), which is 7% of individual housing and 3.4% of total in 2020. We also see this as an additional driver to support the long-term target to raise country’s competitions 46% to 120mn sqm by 2030.
Listed developers are yet not present in the individual housing segment, while structurally higher demand in times of remote working, as well as greater government support, represent incentives and this could become a new growth pillar for the sector.
135 RUSSIA Country Report May 2021 www.intellinews.com