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Q3 2018 | Russia | St. Petersburg | Industrial Market

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In the first nine months, not a single quality object was delivered to the warehouse market in St. Petersburg. With a minimal number of deals in the past quarter, the vacancy remained at the same level. At the same time, a number of projects that were announced for 2018 are in their final stages and will most likely enter the speculative market by the end of the year. However, it is premature to announce an upcoming increase in vacancy, because more than 50% of new high-quality premises have already found tenants.

Q3 2018 | Russia | St. Petersburg | Industrial Market

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