JLL: Grade A office vacancy rate in Moscow of 17.0%, with supply pipeline of 8.0% at end of 2Q15
In its Global Market Perspective for Q315, Jones Lang Lasalle IP Inc. (JLL) noted that the vacancy rate for Grade A office space in Moscow was 17.0%, and that there is a supply pipeline (completions in 2015-16 relative to existing stock) of 8.0%. Over the last year, rents have fallen by 23.6% and capital values have slipped by 34.5%. Prime yields in 2Q15 were 10.5%.
Source : August 2015/JLL/Moscow/OFF