Analysts spoke about the growing supply of offices under construction in Moscow

The volume of supply of class A offices under construction in Moscow in June 2025 reached 584.8 thousand square meters, which is more than 2.7 times higher than in June 2024 (212 thousand square meters). Excluding six business centers sold as a single lot, the market offered 378.7 thousand square meters — 1.8 times more than A year earlier, but 6.1% less than in May 2025, analysts at the Tekta Group told Izvestia on July 13.

The average lot area in such facilities was 344.5 square meters, which is 2.4% more than in the previous month and 19% higher than in June 2024. Taking into account the large lots, the average area reached 529.3 square meters, which is 1.9 times more than a year ago.

"Over the past few years, we have seen an increase in the supply of Class A office real estate, with an increase of more than 2.7 times over the past year alone. This is due to the steady demand for office purchases amid rising rental rates. The acquisition of premises entirely or "offhandedly" is beneficial for investors in the long term, and also protects capital from inflation," said Elizaveta Sevastyanova, Commercial Director of the Tekta Group.

Square footage: mini-offices are being bought up en masse in Russia

The demand for such commercial premises has more than doubled in a year.

Earlier, on May 23, it was reported that the vacancy rate in class A office buildings in the Moscow International business center "Moscow City" reached a historic low of 1.9% in the first quarter of 2025, excluding secondary supply from investors. At the same time, the average office rental rate increased to a record 65.6 thousand rubles per 1 square meter, according to NF Group data.