Analytics

In Moscow shopping centers, the vacancy rate is rapidly decreasing. By the end of the year, the indicator may reach the pre-crisis level of 2014. Due to the lack of free space in good shopping centers in Moscow, the rates on them can grow to 5% by the end of the year, predicts ILM director of the retail real estate department, Yegor Levchenko. At the same time, the gap between popular shopping centers and small local ones is widening. Levchenko argues that shopping centers in residential areas lose tenants, and rates for the year may decrease by 2-3%. Read more: https://www.the-village.ru/village/business/news/329555-a

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

We present analytics on the main indicators of the office space market for 2015. The most relevant numbers are reflected in infographics.  

Interested in data for the III quarter of the Moscow office real estate market? The most recent figures are presented in infographics.  

We present to you analytics on the main indicators of the office space market at the beginning of September 2015.  

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

The main indicators of the office real estate market in Moscow at the end of 2013: As of the end of 2013, the total supply of quality office space in Moscow reached 15.2 million sq. m. In 2013, about 748 thousand sq. m. were commissioned, which is 20% more compared to 2012. About 60% of office space, introduced in 2013, is outside the CAO. At the end of 2013, the net absorption of office space decreased by about 85% compared to 2012. According to the results of four quarters of the year, the net absorption amounted to 114 thousand sq. m The low value of net absorption and the significant superiority of new construction volumes over it led to an increase in the vacancy rate. At the end of 2013, the average vacancy rate in the market was 14%, which is 3% more than at the end of last year. Compared to the end of 2012, having undergone some fluctuations over the course of twelve months, the average requested base rate for class A remained unchanged at $ 780 per sq. m per year. The average rental rate for class B + premises was $ 525 per sq.m per year, which is only $ 5 lower than that of the end of 2012. For Class B, the average requested base rental rate is $ 455 per sq. m per year, it is higher by $ 55 compared with the end of last year. More information can be found in our report. ILM Press Center