Class C offices are the most closed, most voluminous and, oddly enough, the most scarce market. Moscow small businessmen still have to rely only on rooms in former research institutes and basements. And although there are unoccupied and highly profitable niches in the low-cost sector, far from all developers undertake such projects.
Most of the most inexpensive and nondescript class C offices are in the Moscow office market. In total, the office sector is approaching 11 million square meters. m, of which only 4 million square meters. m are occupied by A- and B-class offices, of which the smallest part falls on A. Also in Moscow there are 24 Class B business centers – reconstructed buildings with a total area of 510,000 sq. m. m (IRN.ru data). In the first, second and third segments there is a shortage of premises. Continue reading
The room selected for any commercial property, whether it is a warehouse, cafe or office, has its own characteristics. The “Owner” found out what you need to know in order not to make a mistake when choosing real estate for a restaurant, cafe or other catering facility.
Today, in the capital’s commercial real estate market for catering facilities, demand far exceeds supply, which provides an influx of firms professionally engaged in the purchase or sublease of such premises. In turn, this increases the cost and complicates the search. In addition, there is a business that pays off much faster than a restaurant one: slot machines, clothing stores, perfume shops, and still mobile phone stores – and therefore there are cases of these companies buying commercial space from restaurateurs. Continue reading