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Saint Petersburg : Office Market Report - Q1 2016

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Saint Petersburg : Office Market Report - Q1 2016

10 business centres (mostly Class B) were commissioned, including facilities for own use. Their total leasable area is a little more than 100 thousand sq m. 248,000 sq m were available for lease in St. Petersburg business centres in Q1 2016 (mostly in Class B – more than 170 thousand sq m). The total supply decreased by 2% against the previous quarter due to the demand of Russian companies for relatively inexpensive office centers.

Source : Knight Frank

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Keywords : Knight Frank