Demand for purchasing and renting warehouses in Russia reached record levels at the end of eight and a half months of the year. And the cost of renting warehouses in the Moscow region amounted to 7.9 thousand rubles per square meter per year, this is a price increase of 41% per year. This data is provided by IBC Real Estate and cited by Kommersant and Forbes.

In Russia, demand for warehouse real estate has reached an all-time high

The volume of land sold in the Moscow region by the end of this year could increase to 3 million square meters. meters, which is double that of last year.

At the same time, as a representative of IBC Real Estate said, the volume of space purchased and leased across the country in the period from January to September 2023 reached 4.2 million square meters. The demand in the developing poles is 922 thousand m2. m, previously estimated at no more than 400 thousand square meters. meter.

According to a representative of the company, the active development of regional centers is associated with the growth of electronic commerce. The demand for warehouse space is covered by the Wildberries, Ozon and marketplaces.

As the expert clarified, today the supply in this market is about 47 million square meters. More than half (57%) of this volume corresponds to Moscow, another 10% to Saint Petersburg.

In the Moscow region, the implementation of projects with new sites does not keep up with the growing demand, IBC Real Estate analysts found out. In eight months of the year, 941 thousand square meters were put into operation. m, 18% less than in the same period of the previous year. By the end of 2023, it is planned to complete the construction of about 450 thousand square meters. meter.

At the same time, of the total volume of such properties, only 0.3% (89 thousand m2) in the region are available for rent. In this regard, in the third quarter rental prices increased by 41%, up to 7.9 thousand rubles per square meter. m per year.

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“The historical record of rental rates in Moscow is due to the increase in demand and the fact that rising construction and labor costs are slowing down the growth of speculative supply,” explained the dynamic, head of the department of research and analysis by IBC Real Estate, Ekaterina Nogai. .

In the Moscow region, representatives of online retail provide a 43% increase in demand.


Natalia Gormaleva

Source: RB

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I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.


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