Yury Yudakov, ILM Corporate Relations Director
In just two and a half years, the market of high-quality office premises in the loft style in Moscow due to the reconstruction of large objects and the construction of new projects has grown significantly and amounted to 172,500 square meters. In 2014, 67,800 sq. m. of office space, and in 2015 - 75,800 sq. m. The volume of office space expected to be commissioned before the end of 2016 is planned at 28,900 sq. m.
Currently, the share of lofts in the total volume of the market for quality office space in Moscow is 5% in 53 properties with a total area of 970,000 sq. m. Of them vacant 15%.
In addition to the classic lofts in the office market, new objects are also present and appear, which only partially fall under the category of the latter. A reasonable question arises: how to define the boundaries between the pseudo-and the real loft?
It is worth saying that at the legislative level the concept of «loft» is not fixed. The criteria for determining a loft, as well as the characteristics of objects, conditionally dividing them into classes A, B, and C, are a kind of established consensus of opinions of the main market players.
A classic loft is a former production facility, a factory building or a manufactory with its preserved architectural style and, most importantly, history. The height of the ceilings, as a rule, is 5-7 meters, the space is not divided by partitions, the room has large opening windows and wide pitch of columns.
Due to the fact that there is a drop in demand in the office market, many developers repurpose lofts into housing and sell them as apartments.
Despite the general decline in demand for offices, office lofts remain in demand among tenants.
Historically, the main tenants of lofts were media companies, advertising agencies, architectural bureaus, educational centers.
Currently, the share of office lofts from the media and IT sector in the Moscow market is 26%, and the service sector is 23%. 18% are trade companies, 11% are production companies. Rental rates for class A lofts can reach 50,000 rubles. for the quarter. m per year.
In addition to its location and distance from the metro, the atmosphere and organization of the community also affects the cost of a loft. The presence of cafés and coffee houses on the ground floors, as well as a high degree of “greening of projects”, gives lofts the necessary vivacity and movement. Creativity goes beyond office walls, even if it is the walls of the original loft.
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Posted by www.cre.ru