Analytics

In Q3 2008 office real estate market fell under slowdown on key characteristics (demand, supply, vacancy rate and rental rates). Occupancy rate of existing business centers is high, but one can see stock out of demand in projects under construction. Combined with difficulties in attraction of financing it influenced terms of delivery – most of projects announced to be delivered in Q3 were delayed. Requested Ruble rental rates slightly increased, wearers in view of strengthening of the US dollar requested USD rates even went down. / Source: ÑB Richard Ellis
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The St. Petersburg office stock is significantly smaller than in other large European cities, reflecting the development stage of the market. / Source: Jones Lang LaSalle
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In H1 2008, the real estate market for office premises continued its steady growth as demonstrated by all basic indices: demand, supply, vacancy rate and rental rates. / Source: ÑB Richard Ellis
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