In Russia, a record volume of commercial real estate was introduced in 2024 - more than 6 million square meters

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In Russia, a record volume of commercial real estate was introduced in 2024 - more than 6 million square meters
December 10th. /MEDIA TALK/. By the end of 2024, about 6.4 million square meters of commercial real estate were commissioned throughout the country. RIA Novosti writes about this today with reference to a study by the Nikoliers consulting company. About 80% of the commissioned areas are warehouses. We have already talked about the record demand for this type of real estate due to the explosive development of the online trading market.


Photo: ru.freepik.com

Experts expect that the growth of the commercial real estate segment will continue in 2025. According to forecasts, another 8 million square meters will be commissioned, and in 2026-27, a slight decrease in the pace of construction is expected to 6 million square meters per year, however, the figures may be adjusted upwards.

High demand also led to an increase in rental rates. Thus, the average price per square meter of warehouse facilities has increased by almost 40% over the year. Total business investments in the acquisition of specialized real estate, as well as land for development, exceeded 1 trillion rubles per year, which became a record in the entire history of observations.
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