Dear readers! We present to your attention the second issue for 2024, on the pages of which you will find a lot of relevant materials.
Dear readers! The editorial board of Logistics magazine changed the phone number to +7 (495) 945-38-20. We remind you that for all your questions, you can contact: info@mg-agency.com
Dear readers! We present to your attention the first issue in 2024. According to tradition, it contains a lot of analytical materials based on the results of 2023. Our permanent partners NF Group have prepared an overview of the warehouse real estate markets in the regions of Russia, Moscow and St. Petersburg.
- Demand in Moscow Region Industrial Big Box in 2018 promises to set historical record -
Moscow, 20 July 2018 – CBRE, global real estate advisor, summarizes H1 2018 results of the Moscow Region Industrial Big Box Market.
CBRE analytics recorded a 2-year maximum transactions volume on the Moscow region warehouse market. Total area of H1 2018 transactions amounted to 684,000 sq m, indicating a 38.7% growth compared to previous year performance. There is a stable demand on customized warehouse solutions – built-to-suit projects account for 17% of total H1 deals.
The largest Q2 transactions:
Distribution and retail companies have been most active on the warehouse market in H1 2018. FMCG & food and alcohol prevailed significantly in take-up structure by goods type.
Take-up dynamics and structure, ‘000 sq m
Source: CBRE, Q2 2018
At the same time, 134,000 sq m was commissioned in Q2 2018. Half-year completions account for only 68% of H1 2017 volume.
Total vacant space amounted to 1,015 sq m. Vacancy rate decreased to 9.1% of total stock.
Summary and forecast
High business activity both in demand and construction will maintain on the warehouse market in H2 2018:
Anton Alyabyev, Senior Director of Warehouse & Industrial Department, CBRE in Russia, said:
“In the first half of 2018 we saw a record high demand in 2 years on the Moscow region warehouse market. Take-up mostly represents long-term lease deals with Russian companies, expanding their warehouse capacity. At the same time, major development companies are becoming interested in speculative projects due to stable commercial conditions and gradual vacancy reduction.“