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Warehouse property market. Moscow region

Q3 2024

In 9M 2024 take-up reached 1.88m sq m, which is 27% lower YoY. Some 452,000 sq m were delivered to the market, the annual figure will reach 2.1m sq m, the second highest since the record-breaking 2014. The weighted average rental rate for speculative projects reached 11,300 RUB/sq m/year, excluding VAT and OPEX and 10,000-11,000 RUB/sq m/year for BTS projects. The vacancy rate slightly increased to 0.6% however by the end of the year we expect it to remain below <0.5%.

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manager
Olga Shirokova
Partner, Regional Director of the Consulting and Analytics Department at NF GROUP
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+7 (495) 151-90-00
kf.expert
Olga Shirokova
Partner, Regional Director of Consulting and Analytics Department
Moscow
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