Lack of commercial real estate is expected in Moscow

Knight Frank Company analysts forecast in Moscow demand increase for office spaces by 15-20% within following 3 years. According to experts, the demand increase is provoked by the outer political and economical factors.

Recent initiative of the government on construction restriction inside the Third Ring Road and the whole uncertainty in commercial real estate development result in volume decrease of new spaces being put into exploitation.

At the same time companies renting office spaces are to increase stuff this year merely by 40%. It is to result in the necessity of further office spaces widening.

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