Baku property market bounces as Azeri investors quit Russia

Baku property market: Nervous about the long-term fallout from events in Ukraine, Azeri investors have been rechanneling their money back into real estate in their native country and particularly into the Baku property market. “Investors and businessmen who have been operating in the Russian market are now looking to invest part of their funds in the real estate market of Baku because of Russia’s market instability,” explained Nusret Ibrahimov, CEO of MBA Consulting. Azernews