Increase of office spaces quantity within the Garden Ring limits in February, 2010

There was offered 379 thousand square meters of office spaces within the Garden Ring limits in February, 2010. Thus offices quantity increased by 80% comparing with February, 2009.

Consulting company RRG adds that offer growth outside the Garden Ring made up 35%. Experts report that owners expecting the overcoming of the crises again offer their objects for sale after the year of economy on advertising campaigns. Analysts communicate that the least stable type of commercial real estate in pricing policy for the time being is the segment of office spaces.

Both sellers and buyers are “groping” for fair market price. This condition results in considerable differences in price, thus price of office spaces by no means depends on the quality of the object.

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