This is supported by, among other things, lower warehouse rental costs and land purchase prices than within the city limits; the ban on heavy vehicles entering Moscow without a special permit and major traffic difficulties in the city center; and changes in regulations regarding customs warehouses. One of the recent investments was the commissioning in March of this year of the first module of the National Logistics Park NLK-Khimki (30,000 sqm), located 7 km from the MKAD. The completion of the second stage of construction (50,000 sqm) is scheduled for September of this year. The main logistics operator of the project is NLK (National Logistics Company), which was a winner in the ranking last year.
Demand and supply in the warehouse space market
Based on the results of warehouse space market monitoring conducted by the CIA center, as well as the company Stiles & Riabokobylko, the trends in the supply and demand market in the Moscow region are presented below.
Modernity of facilities. The number and standard of modern facilities in Moscow and its surroundings are growing. Top-class facilities (A and A-) in 2003 accounted for approx. 40% of the total supply of warehouse space (Fig. 1). The share of temperature-controlled facilities in the Moscow region is approx. 70%, while in the Moscow Oblast this indicator is lower and amounts to 58% (Fig. 2). In turn, facilities near Moscow are characterized by almost twice the road vehicle accessibility compared to those within the city limits. Approx. 11% of all facilities in the region have a railway siding.
The article comes from the magazine “Logistyka” 4/2004.