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Moscow: Office market gets set for jump

Posted on 03 August 2011

The demand for office space in Moscow has soared to 2008 record levels as renters hurried to take advantage of the low rental rates, but experts expect that this window of opportunity will close by the end of the year.
The total take-up of quality office space in the second quarter reached 530,000 square meters, according to the Cushman & Wakefield real estate agency. Denis Sokolov, research director at Cushman & Wakefield, said the market is making up for the low activity of 2009 and 2010 and will return to normal soon……………………………………….Full Article: Source


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