Consulting company ILM, which specializes in the brokerage of commercial real estate in Moscow, has prepared an analytical report on the loft office market in the capital. In the total market volume of quality office space in Moscow, the share of lofts is about 5%, formed by about 30 objects. The total office area of ​​these objects is more than 800 thousand square meters. m After a significant decrease in the pace of new construction in 2011-2013, starting in 2014, there has been an increase in the supply of loft buildings. In 2014, 68 thousand sq. M. m of such space for the first 3 quarters of this year - 54 thousand square meters. After the reconstruction was completed, such large objects were introduced as: the first phase of the Bolshevik business center, the new buildings of 19 and 4-5 of the Arma business quarter, the Demidov business center on the territory of the Krasnaya Roza 1875 business quarter ".  

According to ILM analysts, in the third quarter of 2014, the total supply of quality office space in Moscow reached 16.5 million sq.m. The largest supply of vacant premises is observed in objects of class A, where the indicator has reached 24.5%, which exceeds the level of crisis values ​​of 2008-2009. In the third quarter of 2014, 452 000 sq. m. of office space was delivered in the Moscow office real estate market. In the first nine months of 2014, a total of 966 000 sq. m, which exceeds the volume of new construction for the same period of 2013 more than doubled.  

ILM analysts have prepared an overview of the Moscow office real estate market in the first quarter of 2014. The main market indicators are as follows: In the first quarter of 2014, the total supply of quality office space in Moscow reached 15.5 million square meters. In the first three months, 229 thousand square meters entered the market. m of office space, which is 6% more than the same period last year. Net absorption of office space in the first three months remains low, but shows a positive trend. Thus, the volume of the net absorption increased by 8 times compared to the same period last year, and at the end of the first quarter of 2014 this figure was 151 thousand sq. M. At the end of Q1 2014, the average vacancy rate in the market was 13.3%, which is 0.3% less than at the end of last year. The beginning of the year in the Moscow office market, as in the economy of the country and the world as a whole, was characterized by a fairly high level of uncertainty. This could not but affect the cost of renting premises, when many landlords are forced to reduce rental rates in order to attract tenants. Also in the first quarter of 2014, significant currency fluctuations occurred. In the first three months, the average requested base rental rate in class A was $ 750 per sq. M. m per year, in objects of class B + - $ 555 per square. m per year. For class B - the average rate was $ 410 per square. m per year. More information can be found in our report. ILM Press Center