- The Russian real estate market has two key trends: the growth of housing penetration to the level of Western countries and the launch of digital value-added services.
- There are two ways to participate in real estate market trends: CIAN - Russian Zillow and Samolet - Russian D.R. Horton (DHI).
- CIAN is overvalued especially taking into account strengthening competition in the real estate classifieds market and its unprofitability.
- Samolet is an attractive alternative to participate in real estate trends in Russia. It is a profitable business with a 3-fold market share growth potential and undemanding valuation.
For further details see:
Beneficiaries Of The Russian Real Estate Market: Cian Vs. Samolet, Samolet Wins