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Wildberries took over TheOffice
Despite the growing corporate conflict at Wildberry, the market continues to expand its workforce. A service office has been rented in the DM Tower business center on Novodanilovskaya Embankment in the south of Moscow for some of the employees of the new structure created as a result of the merger of the online retailer and the Russ advertising group. These days, many large corporations need quality office space, but due to the shortage of such space, it is extremely difficult to find suitable real estate.
The fact is that Wildberry Market has leased out all 2,000 sq. m. Sources in the real estate market told Kommersant that it manages the service office TheOffice in the DM Tower business center on Novodanilovskaya Embankment. Transaction consultant Ricci | Kitchen. According to estimates by Remain Managing Director Alexander Bogdanov, annual rental payments for this property will amount to 132–155 million rubles.
Wildberry told Kommersant that they rented office space for the market and some of the employees of the merged company, which will be formed in July 2024 on the basis of the Rus group of companies. Accordingly, the number of workers has also increased significantly.
According to Alexander Bogdanov’s calculations, the market currently rents a total of about 22 thousand square meters of office real estate in different parts of Moscow, including buildings in Iskra Park, White Gardens, Romanov Dvor, and the Avignon business center.
According to NF Group partner Maria Zimina, leasing serviced offices with flexible lease terms is becoming increasingly popular among large companies. Buildings of this format eliminate the costs of furniture, equipment, repairs and finishing, since the operator provides everything necessary, adds Kirill Babichenko, head of the owner servicing department of the office real estate department of CORE.XP. It is profitable to lease ready-made office premises, including those with high closing costs (RUB 150,000). m per 1 square meter, explains Natalia Nikitina, head of the office real estate department of CMWP.
At the same time, rent for classic offices continues to grow by 30-35% every year, says Valentin Kusov, deputy director of the office real estate department at Nikoliers. The expert added that serviced offices have not increased rent since the beginning of 2024, despite the higher cost.
Currently, the Moscow serviced office market exceeds 400,000 sq. m., according to IBC Real Estate. The company reported that the share of vacant space from January to September 2024 decreased to 6%, which is half of the same period last year. Rich | Office partner Dmitry Zhidkov predicts an increase in the size of serviced offices being commissioned.
Since the lack of available offices makes it difficult for companies to rent large areas, the merged companies Wildberries and Rus do not rule out Ksenia Kharkevich, head of the office department of Invest7, for future acquisitions. Office construction. The company has the funds for this. According to the RAS report of the parent company of the market, Wildberries LLC, in 2024 the online retailer plans to invest more than 103.5 billion rubles. Warehouse under construction. For example, the company IT, which owns Yandex, in 2018 acquired 4 hectares under the Korston Hotel on Kosygina Street in Moscow to house its headquarters.