Over 90% Warehouse Deals in Russia 2013 Conducted via Consultants

28 January 2014

In 2013 the consulting companies performed 91.2% of transactions in the warehouse market of Moscow Region; in other Russsia regions 89,4% of all the transactions were made involving consultants. Moreover, Knight Frank has increased its leading position in the sector, with 50% more sold warehouse space than its closest competitor.

In 2013 the total amount of warehouse transactions performed with the involvement of Knight Frank’s consultants throughout Russia came to 565.790 sq. m (32% of all transactions in the sector), 496.122 sq m of them were in the Moscow Region.

Knight Frank has been retaining the leading position in selling and leasing warehouse space since 2004. Over the last 9 years Knight Frank consultants have leased and sold about 3.000.000 sq m of warehouse space, which makes 28% of all transactions ever conducted throughout the history of the sector in Russia.

Knight Frank Research, 2014

Viacheslav Kholopov. Partner, Director Offices, Industrial,Knight Frank Russia & CIS, comments, “The year 2013 was marked with the record level of consumption – in Moscow Region as well as all over the country. The growth of regional transactions became one of the new trends of the last year, and I hope that in 2014 we will still be able to say that regional expansion of modern logistic complexes continues and Russian logistics has entered a new phase in its development. I am pleased to note that in the current year over 85% of all transactions in warehouse market, which is more than 1.500.000 sq. m of quality warehouse space, were conducted involving consultants of the “Big Four”.