Baku commercial property rent to increase


November 23, Fineko/abc.az. Prices on the commercial real estate market of Baku have declined.

Nusret Ibrahimov, general director of consulting company MBA Group, says that the prices of non-residential facilities in October fell by 4.88% versus September and by 19.01% compared to the 2016 same term.

"The rent of commercial property has increased by 8.63% for the past month and fell by 15.38% this year," he said.

According to Ibrahimov, in the near future the rental of commercial property facilities will increase that is linked with an increasing influx of interest in such facilities in the autumn months.



Ключевые слова: MBA Group real estate Nusret Ibrahimov