The segment of flexible working spaces in Moscow grew by 36% in 2022

In 2022, the market for flexible office spaces in the capital grew by 36% compared to the previous year, Polina Afanasyeva, Director of the CMWP Research and Analytics Department, said at the Kommersant Publishing House conference “Results of the commercial real estate market”. As of April 2023, the total market volume reached 395 thousand square meters. m, which is 2% of the total office space.

“2022 has been absolutely unique in terms of new discoveries. But it’s worth saying that these new discoveries were the result of very large built-to-suit deals in 2021. Despite the fact that 16 sites with a total area of ​​18,000 sq. m. were closed in 2022, m, the format remains in demand due to new interested parties from different business areas,” said Ms. Afanasyeva.

According to her, if in 2021 the largest transactions were closed with the participation of marketplaces and IT companies, then in 2022 the structure of tenants became less homogeneous – the demand for rent increased among state-owned companies and in the banking sector. At the moment, 223 thousand square meters have been announced for opening. m of flexible office space, but more than 90% of them are built-to-suit options, which means that the sites will only be open if there are tenants. According to the expert’s forecasts, in 2023, 50-60 thousand square meters will most likely be commissioned. m of space.

As before wrote “b”, the active growth of flexible office spaces has occurred in many respects against the backdrop of a decline in the classic office segment. Knight Frank calculated that in the first eight months of 2022, only 40,000 sq. m of offices, which was one of the lowest figures in the history of observations. And co-working operators have been actively developing premises in existing business centers against the backdrop of rising vacancy rates over the past two years.