Business centers in Moscow

Main article: Moscow

Business centers on the orange metro line

• Sukharevsky Plaza, suharevskii-plaza.ru

• MODERNUM, Last per., 24 7 bc-modernum.ru

• Ulansky, Ulansky Lane, d.4 and 5, bc-ulanskiy.ru

• Capital st. Ilyinka, bckgd.ru

• China city, Lubyansk passage, d. 27/1, p. 1, kg-center.ru

• Tobtim/Arcadia, Bolshoi Ovchinnikovsky per., d.16, tobtim.net/ru and bc-arkadija.ru

• Shabolovka 31, шаболовка-31.рф

• Business park st. Shukhova, 14, shukhova14.ru

Others

• Water area
• Minaevski Business Center
• Dvintsev Business Center

2021: Moscow has recorded a 5-year record for the construction of business centers

In 2021, more than 589 thousand square meters. m of offices were built in Moscow, which was the greatest result since 2016. This is evidenced by the data of analysts Cushman & Wakefield, released on January 12, 2022.

According to RBC, citing this study, by the end of 2021 in the Russian capital there were 1.6 million free office space, or 8.5% of the total, which is 1.6 percentage points less than at the end of 2020.

At the end of 2021, the weighted average rental rate increased by 6% compared to 2020 to 22,025 rubles per square meters. m per year. Analysts at Cushman & Wakefield predict a further increase in rates at 3-4% annually.

In Moscow, a 5-year record for the construction of business centers, more than 589 thousand square meters. m offices

According to Cushman & Wakefield, the share of pre-lease and sale transactions of Moscow offices in 2019-2021 amounted to 10% - this is five times more than in 2016-2018. The main reason for this growth is a significant excess of demand over supply.

Cushman & Wakefield analyst Polina Afanasyeva believes that the shortage of free space in premium facilities will increase, as a surge in the construction of new facilities is not expected. Combined with a gradual decline in demand, the market will maintain a balance, she added.

According to Natalia Nikitina, head of the Cushman & Wakefield office real estate department, about half of the class A office space existing by the end of 2021 was commissioned more than 10 years ago. These areas are morally outdated, and high-quality new facilities leave the market before the completion of construction, she explained.

According to analysts at R&B Consulting, the volume of transactions in the Moscow office real estate market at the end of 2021 amounted to 1.2 million square meters. m, which is one and a half times more than the figures of 2020 year. About 625 thousand square meters. meters of offices - 1.8 times more than in 2020. The largest share of demand for office space in 2021 was formed by online services and technology platforms: Ozon, Yandex, SberMarket, SberAuto, SberCloud and CzaMobile^[1]

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