Commercial property in the first quarter of 2025

Comment in the public space is polarised. Some speak of a 30% rise in deal activity. Others report a decline, and deals put on hold. We do not make forecasts. We work on real transactions, and we see the whole market in figures, without conjecture.

Our figures:

• First quarter of 2024 (Moscow): commercial properties from 200 sq m, 1,389,995 sq m.
• First quarter of 2025 (Moscow): commercial properties from 200 sq m, 1,158,897 sq m.

Demand for commercial property in Moscow fell by 11% in the first quarter of 2025 compared with the same period of the previous year.

The five largest deals in each quarter are set out below.

The largest deals, first quarter of 2024:

1. Gudzon shopping and entertainment centre, a complex of buildings, 173,875 sq m, Kashirskoye Highway, 14.

2. Stratos business centre, a building, 78,715 sq m, Skolkovo, Nikola Tesla Street, 1, structure 1.

3. Zolotoe Koltso business centre, a complex of buildings, 52,748 sq m, Yuzhnoportovaya Street, 5.

4. A warehouse complex, a complex of buildings, 37,859 sq m, Marushkinskoye settlement, quarter 63, building 1B.

5. Orbital business centre, a building, 27,271 sq m, 3rd Magistralnaya Street, 10A.

The largest deals, first quarter of 2025:

1. Rumyantsevo business park, a 49% share in a complex of buildings, 218,784 sq m, Kievskoye Highway, 22nd km, 4.

2. Imperial Park Hotel & SPA, a complex of buildings, 197,822 sq m, 24 km from the Moscow Ring Road along Kievskoye Highway.

3. The Central Telegraph, a complex of buildings, 56,508 sq m, Tverskaya Street, 7.

4. AFI2B business centre, a building, 50,200 sq m, 2nd Brestskaya Street, 48.

5. A Gazprom office building, a building, 37,430.4 sq m, Novocheremushkinskaya Street, 65.

Follow Consul Group on Telegram.