THE SPECIFICS OF FUNCTIONING OF AN INVESTMENT AND CONSTRUCTION HOLDING IN CONDITIONS OF ECONOMIC INSTABILITY

The article examines the specifics of functioning of investment and construction holdings in conditions of economic instability using the example of the Russian economy. The consequences of the crises of 1998, 2008, 2014, 2020 and 2022 for the construction industry, in particular in the residential real estate segment, are analyzed. Emphasis is placed on the use of scenario planning as a key tool for adaptation and strategic management. The factors of transformation of investment and construction models in the context of sanctions pressure, transition to ruble settlements, introduction of escrow accounts and changes in the mortgage mechanism are revealed.