•Q1 take-up amounted to 67,000 sq m, which is 2.8 times lower compared to previous quarter.

•142,000 sq m was delivered in Q1, representing 2.2 times growth from the previous quarter.

•Total vacant space amounted to 436,000 sq m. Vacancy rate fell to 6.4%.

• Average gross rental rate stabilized at 5,200 RUB/sq m/year