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News
October 8, 2026
HSE Experts Take Part in 23rd Annual Meeting of Valdai Discussion Club
The 23rd Annual Meeting of the Valdai Discussion Club was held from September 28 to October 1, 2026 under the theme ‘Responsibility for the Future: Limits of the Possible, or Limitless Possibilities?’ The forum brought together 120 experts from 40 countries, including representatives of China, the United States, India, Brazil, the United Kingdom, Germany, Egypt, Iran, and Japan.
October 7, 2026
‘Our Team Consists of True Leaders in Their Respective Academic Disciplines
The HSE International Centre of Decision Choice and Analysis studies a wide range of methods for analysing decision-making and possible scenarios for the development of natural, socio-economic, and political phenomena using various mathematical models. The application of advanced mathematical methods to forecasting helps to prevent negative outcomes and avoid erroneous decisions. The HSE News Service spoke to the centre’s director, Prof. Fuad Aleskerov, about its work.
October 6, 2026
International N5 Symposium ‘Neural Networks and Nonlinearity in Nizhny Novgorod Brings Together Scientists from Russia and Serbia
The International N5 Symposium ‘Neural Networks and Nonlinearity in Nizhny Novgorod’ was held at the Nizhny Novgorod House of Scientists from September 23 to 26. The event was organised by HSE University–Nizhny Novgorod and the Nizhny Novgorod House of Scientists, with the participation of Sberbank and the Institute of Physics Belgrade. The symposium was held for the second time: the first conference took place in 2025 and attracted considerable interest from the academic community.

 

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?

REIT и ЗПИФ как альтернативные инвестиции в недвижимость

Сберегательное дело за рубежом. 2025. № 2. С. 58–67.
Soldatova A.

This article examines REITs (Real Estate Investment Trusts) and their Russian counterparts, closed-end real estate mutual funds (ZPIFs). It examines the advantages and risks of investing in such funds, REIT classifications, international practices, and the operating characteristics of Russian ZPIFs. Comparative tables are provided illustrating the differences between foreign REITs and domestic ZPIFs, as well as how interest rates influence REIT returns. It concludes that investing in REITs is an effective way to incorporate real estate assets into an investment portfolio, offering potentially high returns and a stable income stream despite the existing risks. It is noted that Russian ZPIFs are not very popular among private investors due to high minimum investment amounts, limited accessibility, and insufficient public awareness of this instrument

Language: Russian
DOI
Text on another site
Keywords: инвестициинедвижимостьдивидендыипотекаарендаmutual fundinvestmentsпроцентные ставкиinterest ratesmortgageдиверсификацияdiversificationreal estatedividendsrentREITREITЗПИФ
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