20
Feb2014
Company Bright Rich Confirmed the Leader in the Segment of Industrial and Warehouse Real Estate in the Rating "The First Broker"
For More Information:pr@brightrich.co.uk+7 (812) 313 29 36, ext.105+7 (495) 646 13 66, ext.105+7 (965) 085 57 17
St. Petersburg, Russia (February 20, 2014) – Consulting company Bright Rich | CORFAC International participated in the annual conference "The First Broker. New Level," during which professional market participants discussed the results of the past year and the current state of affairs in the sphere of commercial real estate in St. Petersburg.
Results of the company Bright Rich | CORFAC International, announced in the framework of the project "The First Broker," were used in the preparation of the composite rating of leading brokerage firms in St. Petersburg.
In the overall rating of "The First Broker" company Bright Rich | CORFAC International won first place in the category "Warehouse and Industrial Complexes. Rent," implementing in 2013 10 lease transactions with total area of 44,220 sq.m.
Victor Zaglumin, Head of the Department, Professional Services Bright Rich | CORFAC International, also made a brief analytical report on positive and negative forecasts of development of industrial and warehouse real estate market in St. Petersburg.
Among the positive trends were announced growth of absorption, volume of new quality projects and the growth of large lease transactions with an area of over 10,000 sq.m.
Among the negative trends Victor Zaglumin noted increase in sublease transactions indicate a falling volume of its own storage and slowing business development of the tenant companies. It was also noted that the St. Petersburg market is experiencing a shortage of professional brokers, which affects the qualitative and quantitative indicators of transactions conducted without the participation of brokerage and consulting companies.
In addition, Victor Zaglumin stressed that the activity in the segment of built-to-suit transactions and purchase high-quality industrial and warehouse premises end customers as a whole remains relatively low.
About “The First Broker” ProjectThe "The First Broker" was held in St. Petersburg for the fourth consecutive year. It involves gathering and analyzing information about transactions on lease/sale of commercial real estate for the year-end.Initiator and organizer of the project - Dmitry Kirman, a freelance journalist, managing partner of "Press-Papier." In 2013 in the rating participated 12 brokerage companies that are leaders in commercial real estate Petersburg.
About Bright Rich Company/CORFAC InternationalBright Rich/CORFAC International was founded in St. Petersburg in 2008 by a group of private investors. Since 2012, the company is part of CORFAC International (www.corfac.com), uniting professionals in the field of commercial real estate in 65 countries with a total annual volume of transactions of 100 million square meters, or more than $6 billion (in USD).
The company provides a wide range of services in consulting and brokerage segments of commercial real estate in St. Petersburg and North-West region.
The firm completed several of the Top 10 largest transactions in the region in 2012/2013 that featured industrial, office and retail real estate in St. Petersburg.
Some of the largest owners of logistic terminals and major network players recognized Bright Rich/CORFAC International company as “the most effective broker of warehouse and industrial real estate in St. Petersburg" and "The most effective consulting company in the development of a regional network.”
More information about Bright Rich is available at: www.brightrich.ru