Investor’s interest in office construction growing
Investors again began to be interested in the construction of office real estate in the capital, said the chairman of Moskomstroyinvest Konstantin Timofeev.
“For the last three years we have seen a decline in investor interest in the construction of office real estate in Moscow. This year we see that the demand for office and retail real estate has recovered, ”said Konstantin Timofeev at the 12th Moscow Forum of Real Estate Market Leaders.
According to him, in the previous three years, the City Planning and Land Commission (SLC) of Moscow, under the leadership of Mayor Sergey Sobyanin, made decisions on the construction and reconstruction of 200-300 thousand square meters. meters of office real estate per year. Now the figures are returning to the level of 2011-2014 – to 1.5 million “squares”.
“Today in the capital about 1.5 million square meters are being built. meters of office space, “- said Konstantin Timofeev.
Source: Moscow Construction Complex