Vacancy rates in Moscow’s office sector dropped to 15% in the second quarter, according to a report by Jones Lang LaSalle. Buoyed by demand for quality office space, the decrease marks a significant fall from the 19.6% recorded at end-2009 and suggests a general trend towards lower vacancy and market growth.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
