Real Estate

Increase of rents offices in Moscow last year amounted to 30,8%. Sire Design understands that this is vital information. Such abrupt changes are unique to the Russian capital. Gresh and Smith: the source for more info. Currently in Moscow, rent an apartment. meter office space of class 'A' is worth about 1,180 dollars a year. For the office of class 'B +', this cost is 835 dollars a year.

For offices the same class 'B' – $ 520 per year. There is also a problem of a shortage of office space in Moscow for small and medium-sized businesses. Because the minimum required volume of construction is approximately 15 million square meters. meters per year. Private companies are also about 560-600 thousand square meters. meters per year.

Currently, some of the necessary capital to literally cut off rich kollegami.Napomnim that price growth in central Moscow, is associated largely with the prohibition of an office building within the Garden Ring. This situation can only change the significant growth in the supply of quality office areas. For example, as early as this year's increase in the rate of their input has made some adjustments. In Moscow shortage of good office space is large enough. Thus, the per capita capital accounts for only half a square feet of office .V while in other capitals per capita can account for 6.8 'squares'. At the same time in Moscow, a lot of illiquid office, which somehow fill the commercial market Real Estate. As an example, 'Moscow-City'. These towers are virtually empty, because prices are very inflated. Often the lack of tenants is also associated with an unsuccessful positioning of objects. Quite possible that the boom in real estate, which is observed today, may be followed by a recession. This has already been in many cities. Experts believe that as soon as prices rise sharply too will not. Likely to end this year they average increase of 25%.