Deloitte, which concluded the first 13 years ago, a record for the real estate market of Moscow a deal on rent 30 thousand square meters in the premium business center “White square” in Belarus station, now I have to move out to cheaper business complex. But that Deloitte need to find subtenants for the remainder of her to the current moment, 11 thousand sq m, which in the current economic situation is a daunting task. Now demand is for space in the business centers of the middle price segment.Russian headquarters of Deloitte plans to move out of his office in the “White square” Butyrsky to the Shaft at the Belarus station, told “Kommersant” consultants in the commercial real estate market. The company will start relocation after passing his 11 thousand sq m in White square subtenants, says one of the interlocutors “Kommersant”. Deloitte is forced to do it, because it can not break the object’s owner — O1 Properties —lease. The companies declined to comment.According to interlocutors, “b”, as the main option for the new office of Deloitte is considering space in the fourth phase of the business center “Arcus” on the Leningrad prospectus at metro station “Dinamo”. The business-center “Arcus” belongs to the AB Development, created by former top-Manager of Hines and Horus Capital Alexei Buninym. The fourth stage (24 thousand sq m) was commissioned in 2020. Colliers International estimate the average rental rates in the “Arcos” in 39 thousand rbl. for 1 sq m, and in the “White square” — 42 thousand rubles, the Likely reason for the move Deloitte — cost optimization during the crisis.Deloitte has signed a contract to lease space in the “White area” before starting the complex into operation in 2007. The company rented about 30 thousand sq m, which was the first major transaction in the office market of Moscow. Later in the same business centre of 32.5 thousand sq m took competitor Deloitte — PwC. However, after a few years, Deloitte has reduced the rented space by three times.Large office blocks are now in short supply: the tenants who want to rent space with an area of 10 thousand square meters, the options available only a few complexes (see Kommersant dated 2 July). But the demand is great not on premium offices and business centers in the medium price segment. Therefore, Deloitte will be difficult to find subtenants for your premises in the “White square”, warns senior Director of CBRE Elena Denisova. “Although activity in the market is, the conversion taking into account the period of postgarantie low— she explains.— Many companies are studying the effect of remote work and form new principles of staff accommodation”.Expert opinion confirms the fact that, for example, in the tower Neva Towers (357 thousand sq m) in “Moscow-city”, which also offers large office blocks, now free almost 100% of the areas, pay attention to the consultants. The transaction on purchase at turecco Renaissance Development office part of the complex Metrika Investments of Roman Avdeev closed about six months ago, but due to the lack of tenants at the facility is virtually zero profitability. In the spring it became known that Metrika agreed to deliver the space Renaissance Development, but it is only about 2 thousand square meters (see “Kommersant” on 30 April).To rent large office space Metrika may be harder than Deloitte, as the demand for offices in the area of the Belarusian station is higher than in “Moscow-city”, says practice Director transaction real estate at PwC Russia Sayan Tsyrenov. Another thing — the adequacy of the rates that Deloitte can offer to the subtenants deal with the crisis. Director of Department of office real estate at Colliers International Natalia Bonneli adds that the ultimate owners of the business center is not always able to agree on discount rates: if the object is mortgaged in the Bank loan, all conditions must be agreed with the lender.Elizaveta Makarova
Deloitte releases the expensive meters Premium business center “White square” is losing tenants
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