The average price of commercial property is an illusion

Source: Consul Group

The average price of commercial property is almost always an illusion. The market does not speak in a single figure. Location, scale, the age of the building and the floor change the price, sometimes by a factor of two.

We have compiled Consul Group's full analytical report on the Moscow market for 2025. It is not a broker's review, and it is not a forecast. From more than 7,000 records of transactions we removed intra-group transfers, tax schemes, and promotional and showcase cases, and kept 1,189 clean market transactions. The report answers what the market actually paid in 2025, and why. It looks through Rosreestr, rather than through a marketing presentation.

The price of a square metre is made up of four factors. A change in one of them can change the value by a factor of two.

1. The metro. Properties far from stations cost about half as much as comparable properties next to transport hubs. For street-retail premises, distance has a stronger effect.

2. Age. New buildings of 2020 and later sell for about twice as much as buildings of the 2000s.

3. Scale. A small lot of up to 100 square metres costs 50% more per metre than premises of more than 1,000 square metres.

4. Height. In offices, premises with a view in buildings of 10 storeys or more cost 75% more than premises without a view in low-rise buildings.

The full breakdown by segment is in the attached report, 12 pages.

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