- 10/04/2019 - 13:08
The pace of new construction continues to decline, the timing of the introduction of an increasing number of objects transferred to later periods. From January to October, the market was introduced 530 thousand square meters. m, which is 45% less than the same period last year.
The net absorption rate over the past three months increased by 76 thousand square meters. m and because of this out of the negative zone. The increase in absorption in high-class facilities and the release of premises in the class B- indicate a continuing trend to improve the quality of occupied space.
Currently free about 3.2 million square meters. m of office space, i.e. every sixth square meter on the market remains vacant. However, the increased in the third quarter, the volume of absorption and the reduction of the introduction of new facilities restrain the growth rate of vacancy.
The average rental rates for high-quality office space continued to decline. Owners continue to adjust the rental price to the level of effective demand. Despite the fact that the average level of dollar rental rates has decreased in all classes, the trends differ in ruble terms.
