The V Annual Forum of RBC "Real Estate in Russia" was held in Moscow

16 June 2020, Tuesday

Particular attention during the event was paid to soft loans. At the first session, the Minister of Construction, Housing and Communal Services of the Russian Federation Vladimir Yakushev, the president of the National Association of Builders Anton Glushkov, the vice president of the "Ingrad" Group of Companies Artem Bortnevsky, the deputy chairman of the investment committee of the non-profit trust fund for the development of the tourist and recreation cluster of Kronstadt Ksenia Shoigu and others took part in the first session. In his speech, the head of the Russian Ministry of Construction paid special attention to soft loans. He noted that further support will be provided to both borrowers and the construction sector as a whole. “Our ministry is working on a national plan, attracting business and constituent entities of the Russian Federation. Three things that are now backed by financing - 6 billion rubles for interest rate subsidies, 30 billion rubles for resolving issues of defrauded equity holders and 12 billion for interest rate subsidies on loans from developers who have issued loans with a market interest rate, which today generally put pressure on the state of companies. We would very much like for the end of the year to coincide with the plan for the commissioning of housing,” - Vladimir Yakushev emphasized.

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