O1 Properties took first place in the RBC Market Research rating of office real estate developers by volume of leased space. At the end of 2021, O1 Properties had leased 552,428 sq.m., representing 96% of its total portfolio (NRA).
O1 Properties took second place in RBC’s overall rating of office real estate developers, which, in addition to the amount of leased property, also measures the amount of space sold, as well as office space newly brought to the lease market and space in preparation.
O1 Properties completed renovation of the second phase of the Bolshevik business and cultural complex during 2021 and 75% of space in the second phase has already been leased.
Earlier, O1 Properties published operating results for 2021. The company leased over 155,000 sq.m. of office space, including 80,000 sq.m. in new contracts. The vacancy rate in the company’s portfolio halved from 8% to 4%.