Main article: Real estate in Moscow
2024
There are no free offices left in Moscow City
The vacancy rate for office space in the Moscow City business center dropped to a record 1.4%, with state-owned companies renting more than a third of all space. This became known in early December 2024.
According to Interfax, IBC Real Estate CEO Alexei Efimov at the Results of the Year conference announced a significant decrease in the share of vacant premises in five years - from 44% to a historic minimum.
In "Moscow City"
According to CORE.XP, the average office rental rate in Moscow City in the third quarter of 2024 reached ₽50,2 thousand per square meter per year, which is almost twice the average for Moscow within the Moscow Ring Road.
For nine months of 2024, the volume of lease and sale transactions in the business center amounted to 60 thousand square meters. Half of the demand is generated by companies renting premises with an area of 1 to 3 thousand square meters.
Ekaterina Nogai, Head of Research and Analytics at IBC Real Estate, predicts the expansion of the territory of the Big City. By 2035, the total area of office space may increase from 2.7 million to 6.2 million square meters.
An increase in demand for office space and a decrease in vacant space led to an increase in the cost of rent by 18% for the year. Over the same period, the vacancy rate decreased by 65%, reaching an all-time low of 1.3%.
The average cost of selling office premises in Moscow by September 2024 amounted to ₽410 thousand per square meter, an increase of 16.8% over the year. The development of new business clusters is designed to reduce the burden on the main territory of Moscow City.
The expansion of the territory of the business cluster and the creation of new business centers is designed to reduce the burden on the main territory of Moscow City. The development of surrounding areas will meet the growing demand for premium office space.[1]
Russian Railways bought 350 thousand square meters. meters in a skyscraper in "Moscow City" for the new headquarters. The deal was estimated at 160 billion rubles
On October 24, 2024, it became known that Russian Railways closed a deal to acquire 350 thousand square meters in the skyscraper of the Moscow City international business center. The new headquarters of the railway carrier will be located here, which was originally planned to be built on the site of the Riga freight yard of the capital. Read more here.
Alisher Usmanov sold the Empire II tower under construction in Moscow City
The structure of the holding USM Alisher Usmanova and its partners, as well as Oleg Malis's Solvers Estate, sold the project of the Empire II tower under construction in the Moscow City business center to the developer. The Sezar Group deal, which became known on October 16, 2024, also includes the acquisition of rights to build another skyscraper on the territory of the business center.
According to Vedomosti, the Empire II tower, located on site No. 4 of Moscow City, is bought by the Sezar Group. The project provides for the construction of a multifunctional complex with an area of 115,800 square meters. m, including offices, apartments, a hotel and parking.
The second acquired project is located on site No. 20 and involves the construction of a multifunctional complex with an area of 179,000 square meters. m, of which 70,000 square meters. m is allocated for offices and 35,000 square meters. m - for apartments.
Dmitry Shelkovsky, head of land assets and development at IBC Real Estate, estimated the transaction value at about ₽30 billion. In his opinion, investments in the completion of both skyscrapers could range from ₽120 billion to ₽150 billion.
Andrey Trubachev, director of the investment and capital markets department at CORE.XP, assumes that the costs of completing the construction of the towers will be slightly lower - about ₽70 billion.
Experts note the high demand for office space in Moscow City. According to Stanislav Bibik, partner of NF Group, the vacancy rate in the business center is at a historic minimum of only 3%.
Recently, major transactions in Moscow City have been concluded with the participation of state structures and large companies. For example, the mayor's office Moscow acquired 47,000 square meters. m in the iCity business center from. MR Group
Sezar Group specializes in the construction of residential and commercial real estate in Moscow. Among the company's projects are the Mariel shopping complex, the Fortuna business center, as well as several residential complexes. The owners of the developer are Isai Zakharyaev and Ruslan Semenov.[2]
How Moscow City became a criminal gateway due to cryptocurrencies
The Moscow International Business Center "Moscow City" has become the epicenter of criminal activity associated mainly with cryptocurrencies and digital fraud. This became known at the end of May 2024.
According to Izvestia, a significant part of the crimes in Moscow City are related to operations with cryptocurrency. In addition to legal gaps in the regulation of this area, the greed and financial illiteracy of potential victims are allies of fraudsters.
According to the newspaper, attackers actively use social networks to attract people who do not have experience in the financial sphere. Swindlers position themselves as experts and often go for a trick, multiplying the victim's down payment to create the illusion of easy earnings.
Moscow City towers are increasingly becoming an end point in the route of citizens deceived by telephone fraudsters. Attackers, posing as employees of the Central Bank or special services, send victims to the crypto exchanges of the business center, where they transfer their funds to cryptocurrency and send criminals to wallets.
The publication reports on the case when a 71-year-old pensioner lost 12.6 million rubles, transferring them to cryptocurrency at the direction of fraudsters. Another 69-year-old woman lost 17.6 million rubles - money from the sale of her own apartment - in a similar way.
 | Cryptocurrency today is one of the most convenient ways for criminals from Ukraine and from other countries to withdraw funds from Russia without problems with the law, Izvestia quotes a specialist in combating property crimes. |  |
According to the publication, the so-called "scanners" are also active in Moscow City - highly qualified car thieves who use expensive electronic equipment to open electronic car locks.[3]
Moscow Towers skyscraper built in Moscow City
On June 3, 2024, NF Group announced the completion of the Moscow Towers skyscraper at the Moscow International Business Center (MIBC) Moscow City. The new 63-story skyscraper consists of two towers interconnected by sky lobby crossings and a common stylobate part.
As noted by the NF Group, which acts as an exclusive consultant to the multifunctional high-rise complex, the Moscow Towers building has a height of 287 meters and a total area of 411,147 square meters. In particular, 260 thousand square meters of office and 24.8 thousand square meters of commercial (retail) premises were built. The complex includes 224 apartments with panoramic views of the Russian capital. There are underground and elevated parking lots for 1,249 cars. The complex provides 72 elevators and 15 escalators, including dual elevators operating according to the "one shaft - two cabins" scheme.
One of the features of Moscow Towers is the presence between the two towers of a transparent facade with a cable mechanism 200 meters high. As of 2024, there are allegedly no such structures either in Russia or in Europe. In general, Moscow Towers provides many public recreation areas, including bridges between towers, where the space is completely covered by a transparent facade, without large aluminum profiles.
| | Moscow Towers is not only the largest multifunctional complex in terms of a rentable office space in Moscow, but also an object that uses innovative technologies that are ahead of their time, says Maria Zimina, partner at NF Group. | |
The Moscow Towers complex is fully integrated into the infrastructure of the Moscow City Moscow Center. There is a transition to the Afimall shopping and entertainment center, access to the city square, as well as communication with the Delovoy Tsentr metro station[4]
2023
MR Group bought Mip City
On November 20, 2023, it became known that Epsilon, associated with the developer MR Group, bought Mip City, the developer of the One Tower tower in the Moscow City business center. There is no information on the value of the transaction as of the specified date. Read more here.
2 million square meters will be built near Moskva-City. m of real estate for 400 billion rubles
On November 9, 2023, it became known that approximately 2 million square meters of real estate would be erected on the territory of the City-2 complex, which will appear near the Moscow City business center. Investments in the project are expected to amount to at least 400 billion rubles. Read more here.
Two Ukrainian drones crashed into the towers of the "IQ quarter" and "Oko-2"
Ukrainian military formations in July 2023 used three drones for another attack on Moscow.
Two drones collided with two towers of the complex of buildings of the Moscow City business center.
As a result of the attack, glazing collapsed on the fifth and sixth floors of the IQ quarter tower, as well as in the Oko-2 tower: documents from the Ministry of Digital Development were delivered by an explosive wave.
People were evacuated from the complex. According to preliminary data, there were no casualties, one person was injured.
Rosselkhozbank bought 13.3 thousand square meters. m of offices in Moscow City for billions of rubles
In mid-July 2023, it became known that Rosselkhozbank (RSHB) bought 13,396 square meters. m in the office complex "Eye II," located in the business center "Moscow City." The deal is closed. Read more here.
A new skyscraper will be built in Moscow City
Another residential skyscraper will appear on the territory of the Moscow International Business Center (MIBC) "Moscow City." Andrei Bochkarev, deputy mayor of the capital for urban planning policy and construction, announced this on April 12, 2023.
According to him, in a building with a height of 340 meters there is a four-level parking and a three-story stylobate, in which all the infrastructure necessary for residents will appear. The stylobate will also house a large-format children's leisure center, an office center, a coffee shop, and retail space.
It is reported that by April 12, 2023, the project for the construction of a multifunctional residential complex in the 1st Krasnogvardeisky passage was approved. The skyscraper will be located within walking distance to Moscow City, three metro stations and the Moscow Central Ring, as well as not far from Presnenskaya Embankment and the Garden Ring - 3.5 km, Bochkarev said.
The chief architect of Moscow, Sergei Kuznetsov, clarified that the skyscraper, whose name is inspired by the activities of the legendary academician and Nobel Prize winner Lev Landau, was designed by the SPICH bureau.
| | Using the glass and metal palette familiar to high-rise objects, architects were able to create a dynamic and unexpected image. The top of the tower is a cascade of glazed volumes and terraces protected by transparent fences. From some angles it looks like a wave, from others - like a spire traditional for Moscow high-rises, - explained Sergei Kuznetsov. | |
The founder of the Sum of Elements Group of Companies Georgy Pliev said that the company has designed a house that meets the highest requirements and even exceeds the expectations of discerning buyers.
| | Being the newest residential skyscraper in Moscow City, Dom Dau will become both a miracle of engineering thought and a cozy and comfortable home for residents. For them, a private courtyard with its own garden, a yoga zone and a workout, as well as a large-format children's leisure center, will appear on the roof of the stylobate, he stressed.[5] | |
2022: Moscow City to build tallest office building in Moscow
In December 2022, the architectural council Moscow approved the project for the construction of a 400-meter building skyscraper under the working name "Palette" near the Bagration Bridge in "." Moscow City It will become the tallest business building in the capital. The developer of the project is the company "." Gals-development More. here
2020
DIT Moscow rented 6 thousand square meters. m in "Moscow City" to expand the structure and staff
On December 22, 2020, it became known about the lease of 6 thousand square meters. m of the area of the Empire tower of the Moscow-City business cluster by the Moscow Department of Information Technologies (DIT ). Read more here.
Yandex rented 18 thousand square meters. m in Moscow City for a new office
On January 14, 2020, it became known that Yandex rented 18 thousand square meters. m of office space in the Oko tower of the Moscow City business center. Read more here.
Notes
- ↑ Vacancy of offices in Moscow City fell in five years from 44% to 1.4%
- ↑ Sezar Group bought projects in Moscow City from Usmanov and Malis structures
- ↑ Outfit in the tower: why "Moscow City" became a criminal gateway
- ↑ The construction of the Moscow Towers skyscraper in the Moscow City Moscow Center has been completed
- ↑ A residential skyscraper with a height of 85 floors will be built in the Moscow City Moscow Center
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