KHL: Russian Rental Market to Triple by 2015, Says Report

The Russian rental market grew by almost 35% in 2011 to reach an estimated value of €700 million and could triple in size by 2015, according to the Russian rental consultancy and training organization RusRental.

The Russian rental market grew by almost 35% in 2011 to reach an estimated value of €700 million and could triple in size by 2015, according to the Russian rental consultancy and training organization RusRental.

In its new market report RusRental said the Russian rental market will grow at a far faster rate than other sectors of the Russian economy such as mining, construction and utilities. The €2.1 billion forecast for 2015 would be equivalent to a compound annual growth rate (CAGR) of 32%.

For more about the Russian rental market...

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