Higher Demand for Commercial Apartments Seen in Moscow

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The capital’s market for apartments in commercial buildings is rapidly developing. Over the past year the share of commercial apartments on Moscow’s primary market has doubled: from 14% to 30% of the total number of apartments being offered.

According to the internet portal vsenovostroyki.ru, if five years ago the commercial apartment segment accounted no more than 6%, then today is accounts for nearly one-third offerings in the new construction market.

Initially commercial apartments were offered in only in the premium segment – these were spacious flats ranging from 140 to 400 square meters in the most prestigious buildings. Today commercial apartments are offered in all segments: economy, comfort and business. Market experts note the rapid growth in the share of economy class projects.

APARTMENTS AT ROMANOV ALLEY

Meanwhile, the Moscow market is continuing to see high demand for business class apartments for rent in the city center. This is one of the reasons why the Romanov Alley pedestrian zone project includes the creation of high class mansard apartments to be rented out. The project investor is the Luxembourg company Moscow Construction and Investment, and the general contractor is RD Group (part of RD Group).

According to the investor’s concept, the alley will fully complement the infrastructure of the Romanov Dvor business center and will allow for the creation of the perfect environment for work and leisure for the sophisticated business community.