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Q1 2020| Russia | St.Petersburg | Industrial

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In the context of current epidemic, the industrial market is one of the few developing segments of the commercial real estate market. Online retailers, food chains and logistics companies continue to be the major contributors to market growth. In the first three months of 2020, the total volume of transactions involving Class A and B warehouses amounted to 49,400 sq m, which is 23% higher than in the previous year (38,300 sq m). The majority of demand (65%) came from retail and distribution companies.


Q1 2020| Russia | St.Petersburg | Industrial

Download Report