Figures
Moscow Region Industrial Big Box, Q4 2021
February 4, 2022
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- New supply in the Moscow region reached 1.7 mn sq m in 2021. This is an all-time high.
- Take-up amounted to 2.5 mn sq m in 2021, which is 1.4 times the previous record of 2020.
- Total vacant space at the end of 2021 shrank to 60,995 sq m and the vacancy rate dropped to 0.4% – the lowest in the past decade.
- Average weighted base rent grew by 43% compared to late 2020 and amounted to RUB 5,651 per sq m at the end of 2021.