27 September 2021
The warehouse sector remains the most popular and attractive in commercial real estate.
Last year the demand for quality space hit the record with a total volume of lease and purchase transactions of around 2.2 million m2. In 2021, according to experts and market players, this figure will be surpassed: e-commerce and traditional retail continue to increase the infrastructure.
However, the irony is that with increased demand and zero vacancy (it is currently around 0.6%), no one is in a hurry to bring speculative properties to the market, citing project economics.
Zakhar Valkov Radius COO described the situation:
Year Ending: In just two years, warehouses have turned from a "boring" segment into the leaders of commercial real estate.
Format transformation: shopping malls across the world have tended to adapt their areas for storage of goods
Demand for warehouses in the capital and its suburbs is increasing at a rate exceeding the supply growth
Warehouse 2CDE Green has been shortlisted for the CRE Federal Awards 2021 in the category “Green Brick”
Building 3AB Green has been nominated in Arendator Awards 2021 for the “Warehouse Сomplex” and “Best Ecological Project” categories
At a festive ceremony, the cornerstone was laid today for the DPD high-tech logistics complex at South Gate Industrial Park
South Gate becomes first industrial park in the world to hold both LEED (Silver) and BREEAM (Very Good) sustainability certifications
Radius Group Managing Director Chris Van Riet: How e-commerce is reshaping Russia’s warehouse industry
Russia Recession Poses Financial Dilemma for Companies: Western Sanctions, Lower Oil Prices, and a Falling Rouble Test Business Resolve
Radius Group and Leroy Merlin sign a purchase build-to-suit agreement for a 100,000 m2 Consumer Distribution Center.
Radius Group Invests 8.4 Billion Rubles ($248 Million) In The Expansion Of South Gate Industrial Park With Loan From Sberbank
Radius to Build & Manage 10,000 M2 Records Management and Document Storage Facility for Iron Mountain
The latest phase of ‘South Gate Industrial Park’ has achieved the highest BREEAM rating of any commercial real estate project in Russia.
Radius Group and Oriola have signed a 10 year leasing agreement on a 30, 000 m2 logistic center facility at the South Gate Industrial Park