- 12/04/2019 - 15:36
The main factor that influenced the prospects of the Moscow office real estate market was the totality of measures taken by the Government of Moscow and the Town Planning Land Commission to ban the construction of new office facilities in the city center. This will affect the growth in the supply of quality supply and the dynamics of growth in rental rates in this segment. This trend is increasingly enhancing interest in facilities located outside the Central Administrative District, both from developers and tenants. Gradually, business parks and office centers in the Moscow Ring Road area will gain more and more popularity.
The possibility of renting high-quality office space at reasonable rates, lack of parking problems are key factors determining the choice of office space in the MKAD area. Rental rates for office space in the Moscow Ring Road are approximately 30-40% lower than rental rates for premises of a similar class in the Central Administrative District. At the same time, such premises are characterized by high performance, effective floor planning, and developed infrastructure.
