MARKETBEAT OFFICE SECTOR Q

Transcription

1 MARKETBEAT OFFICE SECTOR Q

2 OFFICE SECTOR MARKETBEAT OFFICE SECTOR Q RESULTS

3 ОФИСНЫЙ СЕКТОР Offer New spaces commissioning dynamics By the results of the first half of 2017 the total market volume of quality office real estate in St. Petersburg has exceeded 2.5 million sq m Nearly sq m of quality office spaces were commissioned in the first quarter of 2017, against sq m with comparable period of the last year. According to our forecasts, the total market volume will increase to sq. m. (already commissioned projects are included in this number) until the end of The new offer will be reduced by more than sq m compared to the results of the end of 2016, the new trend of commissioning of the objects with 100% occupancy is continuing П Объем предложения на начало года Прирост Key office projects commissioned in 1Q 2017 Offer structure Name Class Total area Graffiti В Polis В Senator (Bpolshaya Morskaya) A Ekaterininsky А Key office projects commissioning at the end of 2017 Name Class Total area Premier League В Senator (Chapaeva, 2 turn) A Riverside В Ponomarev A Renaissance business Park (Built to suit) А % 80% 70% 60% 50% 40% 30% 10% 0% 82% 73% 71% 71% 70% 70% 66% 61% 59% 5 56% 39% 41% 43% 44% 2 29% 29% 30% 30% 34% 18% П Доля класса А Доля класса В/В+

4 ОФИСНЫЙ СЕКТОР Demand The structure of demand according to the tenants industry For the end of the first half of 2017, the total volume of net absorption amounted to sq m, which is lower in 2 times if to compare with the same period in The relatively high rate of net absorption is due to the fact that many projects had close to 100% occupancy rate before commissioning IT sector demonstrated the high activity in the second half of 2017 The major transaction for 1st half of 2017 is leasing of sq m in the "Megapark" office center. The "MegaFon" company leased 6,000 sqm in the office center "Smolenskiy" on the Ural Street., 4. Нефть / Газ IT и телекоммуникации Строительство Банки / Финансы Торговые компании Производственные компании B2B Другие 6% 6% 8% 12% 9% 32% Vacancy rate The vacancy rate in the high quality office centers is continuing to decline from the end of 2016, due to a shortage of a new speculative offer. Average vacancy rate in the first quarter of 2017 was about 8%, for comparison, at the end of 2016, the figure was 9%. The vacancy rate in class A equals to 10% against 12% by the results of The vacancy rate in B class also decreased to 5% and by the end of 2016 the vacancy level in the B class was 5.5%. We expect that current vacancy rates will decline against the backdrop of the high demand and limited commissioning of the new premises. Dynamics of absorption and vacancy level 35% 30% 25% 15% 10% 5% 0% 24% 31% 22% 18% 1 16% 16% 16% 14% 12% 8% 10% 9% 8% 5,5% 5% П Поглощение Уровень вакансии класс А Уровень вакансии класс В/В

5 ОФИСНЫЙ СЕКТОР Rental rates In the first quarter of 2017 the average rental rates declared for office space demonstrated growth compared to the beginning of the year. So, rental rates increased to 3% for A class; in the B class segment class rates rose for 5%. Now the average rental rates for A class office spaces amount to rubles per sq m per month, including VAT and operating expenses. In В/В+ class offices spaces rates amount to rubles per sq m per month, including VAT and operating expenses. The geographical distribution of rates level has not changed the leaders are still Moscovsky, Petrogradsky and Central districts. Trends and forecasts The geographical distribution of rental and vacancy rates District Average rate Vacancy level Primorsky % Petrogradsky ,5% Vasileostrovsky Admiralteysky % Kirovsky % Moscovsky % Viborgsky % Kalininsky % Krasnogvardeysky Central % Nevsky Frunzensky % Динамика ставок аренды The tendency of commissioning of the objects with close to the maximum rate occupancy is continuing. We are expecting that the demand for quality office space will exceed supply until the end of At the moment the demand exceeds supply in Moscovsky and Petrogradsky districts: the number of major applications are more than the available space. The highest demand here is for 1000 sq m offices. We are expecting that the number of large transactions will increase up to sqm and the absorption level will reach sq. until the end of Ставки аренды Класс А Ставки аренды Класс В/В+

6 КОНТАКТЫ КОНТАКТЫ , 26 Liteyniy prospekt Saint-Petersburg Business-Center «Preobrazhensky Dvor» +7 (812)