Vacancy rates as of the end of Q1 2018

Net absorption exceeded the volume of new construction by more than 4 times, which led to a further decrease in the level of vacant space. Compared with the beginning of the year, the level of vacant areas decreased by 0.9 percentage points and amounted to 11.4% on average for the market. The largest decrease in the indicator was recorded in class B + objects. Due to the increase in net absorption, the share of free space here decreased by 1.3 percentage points. The market enters the cycle of shortage of quality office space. It is becoming more and more difficult for large companies to find a high-quality office.