AHML is engaged in developing a mature modern rental housing market in Russia. Rental housing can be an alternative to long-term savings for the purchase of housing, enabling individuals to quickly move into a flat that meets modern requirements. This focus area will also serve to show the economic feasibility of investing in the construction of rental housing and apartments to potential investors. Going forward, it will help to scale up the development of the rental housing market by rolling out similar projects across the country.
In May 2016, following the State Council meeting, Vladimir Putin, President of the Russian Federation, instructed the Government, regional executive authorities and AHML “to pilot residential construction projects, including those funded by private investments”.