01 December 2021

UPGRADE OF THE YEAR 2022 - the pinnacle event in the e-com segment

2 December will see the pinnacle event in the e-com segment - UPGRADE OF THE YEAR 2022 – organized by East-West Digital News and UPGRADE. Market expert and players will discuss the highlights of 2022 in online trade, major market trends and new solutions. Zakhar Valkov, Chief Operations Officer at Radius Group, will speak about how the European warehouse market feels at the moment, why investors increasingly prefer a warehouse rather than an office, and how Radius plans to develop further in such a historically significant period for the warehouse market
Zakhar Valkov, Chief Operations Officer, Radius Group:
“Vacancy in the warehousing property market of the Moscow Region remains at a level of mathematical inaccuracy and equals to 0.4% now. It means that no vacant whole facilities are and will be available. The annual speculative construction is very low and cannot cope with the growing demand. Around 1.1 mln. square meters (about a third of which is speculative) may be commissioned in 2021 while the average annual demand is over 2 mln. sq. m. E-com transactions account for some 50%. Such supply-and-demand situation and low vacancy speak to the fact that the market anticipates a global shortage of warehouses.”