Dear readers! We present to your attention the third issue of the LOGISTICS journal for 2025. Our editorial staff, like all our colleagues, is preparing for the TransRussia 2025 exhibition, the largest event in the industry. In this issue, we have prepared an interview with Natalia Lomunova, Director of TransRussia, with whom we are talking about a flexible approach, new participants and digital services. We continue the series of articles from P.V.
Dear readers! We present to your attention the first issue of the LOGISTICS journal in 2025. First of all, we would like to draw readers' attention to our new partner R1 Development, a development company that creates a new generation environment and specializes in the construction of industrial, logistics, commercial and residential real estate. One of the projects of R1 Development is the Druzhba industrial park network.
Dear readers! We present to your attention the final issue of the LOGISTICS journal in 2024. We have tried to make it rich and interesting. Today, many Russian companies operate under strict sanctions restrictions, which force them to reorient logistics flows. One of the possible solutions to this problem may be the Russia – Mongolia – China economic corridor. Details can be found in the article by Alexandra Kazunina.
- Vacancy rate continues to decrease due to almost zero new completions volume –
CBRE, global real estate advisor, summarizes H1 2017 results of the Moscow Office market.
H1 2017 have experienced 530,400 sq m new leased and purchased for end-using purposes premises with just 4% lower compared to H1 2016. However, in H1 2016 take-up structure by 50% have been formed by sale transactions that were mostly non-market, while H1 2017 have experienced leasing transactions predominance (94%).
Largest deals in H1 2017
Source: CBRE, H1 2017
21,100 sq m of new office premises have been delivered in H1 2017 in Moscow (BC Dubrovka Plaza and new buildings in Bolshevik business centre), which is absolutely the lowest for over a last decade.
Office vacancy rate remains the downwards trend reaching 15.4% by the end of Q2 2017 which is 0.5 ppts lower compared to the 2016 year end and 1.3 ppts lower compared to H1 2016. For the last year vacancy rate decrease has been recorded both in Class A and B office markets: from 19.3% to 18.4% in Class A and from 15.7% to 14.3% in Class B.
Key Moscow Office market indicators
Source: CBRE, H1 2017
Elena Denisova, Senior Director, Head of Offices CBRE in Russia said:
"Vacancy rate decrease due to low new delivery volume and stabilized demand both in Class A and B has become the key trend in H1 2017. Meanwhile the lack of new buildings is deteriorating the collapse gradually formed on the market in a 2-3 years perspective, that will seriously affect medium and large-scale business. Current demand is still limited, whilst companies’ activity follows the recovery trend if compared to the preceding year. This activity conversion into the transactions in H2 or its failure will determine potential rental rates growth."