On December 11, DEKRA CONSTRUCTION participated in the annual CRE X-mas event “Market Results 2025,” held in Moscow. The event brought together commercial property owners and developers, investors, financial institutions, tenants, retail representatives, and other industry professionals.

The program included presentations on demand trends and construction activity in the commercial real estate sector, planned development volumes and timelines for bringing new projects to market, and diversification of project locations beyond traditionally established areas. Speakers also addressed strategies for managing distressed assets, capital structuring for private and institutional investors, and key changes in market demand. Modern technologies, emerging trends, and their impact on the real estate market were also discussed.

The event also covered the key results of 2025, as well as the impact of macroeconomic and inflationary factors on the real estate sector.

In 2025, the commercial real estate market demonstrated steady growth. This is reflected not only in industry reports but also in the increasing number of requests for commercial project development, as well as in our ongoing discussions with designers, developers, and clients.

Our company specializes in the premium segment of the Moscow real estate market, primarily Class A and Class A+ office developments. While it is more difficult for us to assess trends in other segments such as retail and logistics, we are clearly seeing growing demand for office and hospitality construction,” — Sergio Trovati, Deputy General Director for Strategic Development, DEKRA CONSTRUCTION

“Demand and investor activity have always been the key market drivers, supported by accessible financing and sufficient supply. In 2025, the key interest rate decreased from 21% to 16.5%, and forecasts indicate further reductions. This is expected to drive investment diversification and increase capital allocation to real estate,”

“We believe office real estate will be among the most promising segments in 2026. For example, our company recently completed and commissioned the Class A+ office center Skolkovo Park Business Quarter and is currently completing another Class A office project, PORTA. We are observing strong demand for office space from investors. There is a growing number of private investors allocating capital to office real estate instead of residential properties,” — Sergio Trovati