• 136,000 sq m of new warehouse supply was completed in in Q2 2020, a decline of more than 2x on the previous quarter. 21% of the space added this quarter was vacant at the time of completion.
  • Take-up surged in Q2 2020, increasing by more than 200% q-o-q. The period also saw several purchase deals and built-to-suit agreements.
  • The vacancy rate was largely unchanged, rising by just 0.3 pps.
  • Weighted average base rents increased by RUB 80 q-o-q.