Another reason is the low commissioning of business centers, adds ILM managing partner Andrei Lukashev: in 2017, 408,000 square meters were built. m, and a year earlier - even less. His forecast for 2018 is up to 500,000 square meters. Given the increasing demand, there are first signs of a shortage in the Moscow office real estate market, Lukashev notes, and large premises over 30,000 square meters. m - potential customers risk not to find now. Last year, banks and telecommunications companies actively bought and rented areas from 10,000 square meters. m, recalls Golysheva. So, Vimpelcom rented 17,000 sq. M. m in the business center "Bolshevik" (owner of O1 Properties), Gazprombank bought from AFI Development 43,000 square meters. m in "Aquamarine III" and rented from "Safmar" 12 000 sq. m. m in the BC "Oasis". Source: https://www.vedomosti.ru/realty/articles/2018/01/29/749226-zakanchivayutsya-metri

ILM company specialists on the results and forecasts of the Moscow office real estate market: 284 thousand square meters of office space, which is 20% less than the volume of new construction last year. more on cre.ru http://www.cre.ru/rus/analytics/3/1/63672/

The first quarter of 2017 left Moscow without new office space. For the first quarter of 2017, not a single office building was commissioned. For 10 years of observation, this is the first quarter with a zero increase in new supply, ILM experts say. The deadlines for all objects declared for commissioning in the first three months of the year were postponed to the second and third quarters. At the same time, given the plans, the volume of delivery in the current year may exceed the value of 2016, but will remain low. In 2017, according to the announcement of the owners of the objects, about 450 thousand sq.m. will be commissioned. At the same time, a decrease in delivery of large objects is predicted. However, the real volume of the new offer may become lower. Developers continue to postpone the commissioning of the building for later periods in order to avoid increasing the tax burden due to the commissioning of the facility. Other owners are waiting for anchor tenants. Thus, in the next two years, the market will also be replenished mainly by buildings, the delivery to the market of which was originally planned for 2015-2016. Source: CRE.RU