First metropolitan offices ranked first in the ranking of foreign - Moscow ahead of Europe and the Middle East by the number of built office space. Moscow has previously could not compete with foreign business centers only on the level of the most expensive rents. However, as experts believe, the rating could come not only new built but frozen due to the crisis of the building. According to the consulting company Colliers International Review of the international office market in the largest cities in the region EMEA (Europe, Middle East and Africa), it became clear that Moscow was ranked first in terms of construction of office space in the next 2 years. To date, the total area under construction of business centers in the Russian capital is 2.8 million square meters. m. In the second place for this indicator is Dubai - the 2.6 million square meters. m. The third and fourth place is the capital of the UAE and Saudi Arabia - Abu Dhabi and Riyadh - 1.2 and 1.0 million square meters. m, respectively. Thus, the largest amount of planned new construction recorded in the Middle East. St. Petersburg is in seventh place in terms of construction of business centers: at the present time in the "northern" capital is raised 636.9 thousand square meters. m. of office space. Comparable to the cities of St. Petersburg for this indicator are Brussels (Belgium), Sofia (Bulgaria) and Paris (France). Each of them is built around 600-700 thousand square meters. m of office buildings. The fall of London as part of the study were considered indicators such office market, as the volume of construction, rental rates, vacancy rates, capitalization rates. In the end it turned out that first prosperous in terms of an office building Britain, long considered the most expensive country to open an office and advanced office mates rates (in London) is now lagging behind Moscow. But London took 11th place in the ranking: the total area of office buildings under construction in the areas of the City and West End, is currently about 350 thousand square meters. m. Comparable amounts of construction typical of Hamburg (Germany), Madrid (Spain), Amsterdam (The Netherlands) and Zurich (Switzerland): approximately 300-350 ths. m in each direction. The lowest amount of construction in Europe again recorded in Glasgow (UK) - about 2.8 thousand square meters. m. According to the study, with the exception of London, the volume of construction of office buildings in major cities in the UK are quite small. Thus, in Belfast and Bristol, they are at 20-24 thousand square meters. m. And in Edinburgh, Manchester and Birmingham are currently under construction in general, not office buildings. "The quality of many office projects in Moscow behind the world's capitals. Now, however, projects that will be built in the next two years, are becoming better and professional. We are witnessing a revival of the tenants, who in turn have become more selective on the quality and level of building. Economic development and business companies will affect the amount of space they require a new level, "- says the outcome of the review director of Colliers International commercial real estate Olga Pobukovskaya. All in one heap As described in GZT Colliers International, in Moscow's review includes those objects that declare themselves as actively under construction - under comstruction. Meanwhile, as suggested by a leading specialist of commercial real estate Penny Lane Realty Maxim Crooks, in this rating includes all objects that could be raised before or during the crisis, including unfinished, frozen: "Somewhere may already have started construction, and somewhere to just lay the bricks "- reflects Maxim Crooks. "The volume is 2.8 million square feet. m - pretty serious, it is theoretically possible that he is now under construction, may be included here and MIBC "Moscow City" with its objects. However, it is important to understand what quality are these objects, they will come to market at least in 2014? After a moment the situation in the office market is such that one volume of office space under construction, which will be introduced in the next year, barely cover the gap in the premises, resulting in a crisis. By the end of 2010 the market will not remain nearly normal, and high-quality objects, ready for occupancy tenants "- predicts expert. Who offices? According to partner SARicci in association with King Sturge Paul Yanshevsky, all built two million offices in the capital will be needed. "In Moscow there is still an acute shortage of quality office supply, with 12 million inhabitants have a total of 11 million meters of real estate, though the performance of most European cities are 2-3 times higher. In addition, Moscow - one of the most active in terms of business cities of Europe, is the financial capital, comparable only to that of London, Paris, "- said Yanshevsky. The demand for each facility will vary greatly depending on the location and offer prices, - the commercial director of Technopark Nagatino i-land Sergei Channel. "In a competitive environment, increasing the demand for offices in good locations, high quality, meeting all the requirements of tenants, namely: good layout, easy communication, infrastructure, which is one of five key factors when deciding whether to purchase the office", - says Kanayev . Self-criticism is welcomed Unlike Moscow players participating real estate market of St. Petersburg are less likely to overstate the advantages of local business centers and office rooms a la rus. Thus, according to Director of Consulting and evaluation NAI Becar Igor Luchkov, quality offices in Moscow and St. Petersburg clearly lower than in Europe. Offices of St. Petersburg according to NAI Becar, in the III quarter of 2010, in St. Petersburg commissioned office space in five sites, the total area of 38,960 square meters. m. deadlines of most objects, be planned in the period under review, carried over to the IV quarter of 2010 and 2011 in total for three quarters of this year introduced 179.8 thousand square meters. m, more than half the corresponding figure in 2009 the provision of quality office space per thousand residents was 528 square meters. m and about 894 square meters. m per thousand economically active population of St. Petersburg. "The peculiarity of offices in St. Petersburg, is that modern buildings are reconstructed, the monuments. But they do not fully meet modern needs. The difficulty is, for example, working with engineering services. Also, there is no culture of quality construction, which is all over the world. In this case, of course, every year the business centers are becoming more modern and closer to international standards. Standards will be gradually formed, and by a single classification of business centers, proposed and implemented by the Guild "- promises Igor Lutchkoff. DIY According to Maxim Zhulikova, many tenants, who were sitting in the crisis in poor quality premises are now ready to move, because they see that there were competitive in the market of good quality offices. "As a rule, they must finish by doing that today the developer is ready to reduce the rent rate in the process of bargaining, but instead offers the lessee himself polish his office. Most of these offices are able to shell & core (without finishing) accrue to the tenants, lifts the large area of 3000-5000 square. m - the owner is unprofitable to spend their money on their finish, "- explains Crooks. According to him, putting into operation of this size in the survey offices can hold slightly increase the price of the room, which in any case expect the office market. Currently, rental rates for Class A offices are $ 800-1100 per square meter. m, including VAT, Class B offices are estimated at about $ 600-800. "By the end of autumn 2010, the prices grow by 10% compared to September 2010" - predicts Penny Lane Realty.
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