Growth in office construction in Moscow

The Moscow office real estate market is poised for significant growth in the second quarter of 2026. New space completions are forecast to reach record levels.

This sharp increase is due to two factors:

• Project completion dates have been postponed since the previous period. To reduce the debt burden in a high-interest-rate environment, only properties that are fully leased or sold out are being brought to market.
• Developers are increasing supply by implementing business center projects as part of their employment creation program.