Quarter 4 2016
  • 04/10/2019 - 11:45

During the year, was introduced 350 thousand square meters. m of office space, which is less than half of the volume of new construction last year. The indicator has reached a record low in the last 10 years on the Moscow office real estate market. Due to the restriction of attracting funding for new projects and the postponement of the commissioning of a large number of objects, in the next two years the market will be replenished mainly by buildings whose market entry was originally planned for 2015-2016.

At the end of the year, the total net absorption amounted to 410 thousand square meters. m, exceeding last year's value almost doubled. The tendency of migration of tenants to quality continues to the market, to the cheaper A / B + class offices.

Over the past twelve months, net absorption exceeded the volume of new construction by 15%, which led to a decrease in the share of vacant space. Compared with the beginning of the year, the indicator decreased by 1.1 percentage points and amounted to 15.7% on average for the market. The average level of rental rates for high-quality office space continued its downward trend. In class A objects, the average level of the requested rental rates in ruble equivalent reached 25,500 rubles. for the quarter. m per year, which is 20% lower compared to the end of last year. In class B + ruble rental rates amounted to 16,000 rubles. for the quarter. m per year, here the annual decline was 15%.

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During the year, was introduced 350 thousand square meters. m of office space, which is less than half of the volume of new construction last year. The indicator has reached a record low in the last 10 years on the Moscow office real estate market. Due to the restriction of attracting funding for new projects and the postponement of the commissioning of a large number of objects, in the next two years the market will be replenished mainly by buildings whose market entry was originally planned for 2015-2016.

At the end of the year, the total net absorption amounted to 410 thousand square meters. m, exceeding last year's value almost doubled. The tendency of migration of tenants to quality continues to the market, to the cheaper A / B + class offices.

Over the past twelve months, net absorption exceeded the volume of new construction by 15%, which led to a decrease in the share of vacant space. Compared with the beginning of the year, the indicator decreased by 1.1 percentage points and amounted to 15.7% on average for the market. The average level of rental rates for high-quality office space continued its downward trend. In class A objects, the average level of the requested rental rates in ruble equivalent reached 25,500 rubles. for the quarter. m per year, which is 20% lower compared to the end of last year. In class B + ruble rental rates amounted to 16,000 rubles. for the quarter. m per year, here the annual decline was 15%.

Вложение kvartalnyy_obzor_rynka_itogi_2016_for_e-mail[1].pdf Изображение Год 2016 Квартал Quarter 4 Property Type Office