Programme

MUTUAL FUNDING IN RENTAL HOUSING: TO TRUST OR NOT TO TRUST?

Realizing the Economic Potential of Russia
Panel Session

Mutual funding in rental housing is a modern and innovative investment tool to spur growth in the Russian housing market. What might be the impact of collective investment on rental housing and could this lead to the economic revival of the sector? Could this tool be considered as an alternative to private ownership and what are the benefits and risks involved for citizens, government, and businesses?

Moderator:
Tatiana Naumova , Anchor, Russia 24 TV Channel

Panellists
Raj Vikash Verma , Whole-Time Member (Finance), Pension Fund Regulatory and Development Authority (PFRDA)
Mikhail Kuzovlev , Chairman of the Management Board, PJSC ROSSIYSKY CAPITAL
Ricardo Bofill Maggiora Vergano , President, Ricardo Bofill Taller de Arquitectura
Mikhail Men , Minister of Construction, Housing, and Utilities of the Russian Federation
Alexander Plutnik , General Director, Agency for Housing Mortgage Lending (AHML)
John Rhea , Managing Partner, RHEAL Capital Management LLC; Senior Advisor, The Boston Consulting Group
Oleg Soloschanskiy , President, Inteco
Igor Shuvalov , First Deputy Prime Minister of the Russian Federation

Broadcast

Key moments

We are now witnessing a unique moment on the market for mutual investments, when there is a target audience, potential investors, proven mechanisms for collective investments and there is a huge shortfall of work for builders and developers, which will boost the development of the rental housing market.
Oleg Soloschanskiy
We must now step up our effort not only in the area of mortgage portfolio, which is successful even against the background of an economic downturn, but also as regards the rental market development. This is not only a chance to provide quality comfortable housing for our citizens, but also to provide them another reliable instrument for savings.
Igor Shuvalov