The demand for purchasing commercial premises at the end of December 2023 decreased by 5% year-on-year, and that for rent – by 8%, Avito Real Estate specialists analyzed the market situation. RB.RU learned the results.

Demand for purchasing commercial space decreased by 5%

So far, the decline in buyer activity is most clearly visible in regional markets. In Moscow, according to the study, demand for commercial space decreased by 2% year-on-year, in St. Petersburg the gap reached 19%, in Tula and Ryazan – 37%, in Krasnoyarsk – 32%.

Purchase prices for commercial premises in terms of square meters during the year on average throughout the country increased by 12%, to 181 thousand rubles per 1 m2. m, or 23.5 million rubles per object.

Demand for rental spaces in December decreased 8% year-on-year. The most notable drop in demand is observed in Voronezh and Ryazan. In Moscow and Saint Petersburg the drop was 15%.

Author:

Karina Pardaeva

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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