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Q3 2015 | Russia | St. Petersburg | Industrial Market

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After three quarters of 2015 the volume of construction of warehouse real estate in St. Petersburg amounted to 71,000 m² what is twice less than the same period of 2014. We have observed a growing interest from industrial companies to deals with existing premises. The average asking rental rates haven’t changed significantly. The market is still observing a persistent interest towards the lease of warehouse space both from remaining retailers and logistic companies as well.

Q3 2015 | Russia | St. Petersburg | Industrial Market

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