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JLL: Vacancy rates in existing warehouse complexes in Moscow at record low

Posted on 01 February 2013

New completions in Q4 reached 124,000 m², which is a 40% y-o-y drop for new supply. Demand remains strong, with vacancy rates falling to 0.65%, the lowest they have been for the last five years, reported Jones Lang LaSalle experts.
With robust demand continuing, the majority of new supply reaching the market is fully leased or sold prior to the end of construction. Total new supply for 2012 in Moscow Region, measured slightly more than 592,000 m². Availability remains largely unaffected……………………………………….Full Article: Source


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