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Moscow & Moscow Region Warehouse Market Overview Q4 2016

  • New supply in Moscow Region continues to decline, to 0.77m sq m in 2016 (-11% YoY).  
  • Strong take-up in Q4 2016 led to the most significant decrease in the vacancy rate in the last six years, to 12.2%. 
  • The annual volume of new lease and sale transactions was 1.2m sq m, slightly below the 2015 level (1.3m sq m).
  • Rents were stable in 2016, in the range of RUB3,500-4,000 (triple net). 

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