24 января, 2019
Vacancy rate for the O1 Properties portfolio fell below 10%

January 24, 2019. O1 Properties published results for 2018. Office lease transactions exceed 42,000 sq.m. As result, the vacancy rate for the O1 Properties portfolio fell to 9.5% and the rate for class-A facilities in the Central Business District of Moscow is now under 5%.

Among the largest deals 2018:

Company Size (sq.m.) Business center
Telecommunication company 6 672 LeFORT
WeWork 5 887 White Square
Fashion Company 3 394 Legend
OPTEK 2 132 Silver City
Russian Artificial Intelligence Center Samsung Electronics 2 047 White Square
Kimberly-Clark 1 866 Krugozor
Regus 1 730 Vivaldi Plaza
Alfa-Leasing* 1 587 iCUBE
Sun Pharma 1 427 LeFORT
Liga Stavok 1 414 White Stone
BEKO 1 159 Stanislavsky Factory
DLL Leasing 1 083 White Square

*office expansion

Pavel Barbashev, Head of Asset Management and Leasing of O1 Properties: “Till end 2018 we have reached the target vacancy rate level below 10%. For this year we target to keep net absorption on the level of 2018. We expect that as result the vacancy rate by the end of 2019 might decrease to minimum 3-4%”.

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