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Moscow office completions slump to 10-year low

Posted on 28 January 2013

Office property completions in Moscow slumped to a 10-year low in 2012, according to Jones Lang LaSalle. About 162,500 m2 of new supply was launched on the market in the fourth quarter, the property adviser said.
This represents a 9% decline on a quarter-on-quarter basis with the annual cumulative figure amounting to 557,000 m2, which was down 33% on a year-on-year basis………………………………………..Full Article: Source


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