JLL: Grade A office rents in Moscow stabilise in 2Q15 after very sharp falls in preceding quarters

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In its latest Global Office Index (2Q15) publication, Jones Lang LaSalle IP (JLL) noted that grade A office rents in Moscow were unchanged in 2Q15. Over the preceding year, however, rents had fallen by 23.6% - which meant that the market was the worst performing of the 95 monitored globally. Markets in other countries where falling commodity prices have had an impact on grade A office rents over the year include Adelaide (down 16.1%), Calgary (down 19.1%) and Perth (down 22.8%).

Source : August 2015/JLL/Moscow/OFF