Scientific & Practical Journal
Editorial News
Dear readers! In September the CeMAT RUSSIA exhibition was held, which showed everyone that innovations and robotics are increasingly penetrating the logistics industry. We can safely say that many technologies are tested here, and only then they go out into the world. However, it is not only CeMAT RUSSIA that demonstrates the prevalence of the digital agenda.
Dear readers! This is the ninth issue of the journal, which turned out to be very rich and diverse. Traditionally, the issue is opened by an analyst. The material by Alina Nasyrova from the Market Guide Agency, dedicated to investments in warehouse complexes in Russia, recalls the importance of developing logistics infrastructure for the integrated development of regions.
Dear readers! We present to your attention the eighth issue of the magazine and its materials.
PHOTO OF THE WEEK
CITATIONS
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All News of Logistics
New office delivery volumes in Moscow are postponed to the second half of 2017
- 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."
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