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Moscow Exchange (MOEX) is considering purchasing office space in the new CITY-4 office building (also known as Empire II) in the Moscow City business center. This move is part of a strategic initiative to modernize its infrastructure and create unified office space for all company departments.
The skyscraper is expected to have between 30,000 and 50,000 square meters of office space. The purchase price for the property is expected to be between 18 billion and 32.5 billion rubles, depending on the final terms of the transaction. The building, which has been restored and redesigned by the Sezar Group, has a total floor area of 84,900 square meters, of which over 69,000 square meters is dedicated to office space.
This is a significant move for the Moscow Exchange, consolidating all its operational departments under one roof. The company currently leases office space in Moscow, including a coworking space on Gazetteny Lane and the National Settlement Depository on Spartakovskaya Street. The move to Moscow City will significantly enhance operational efficiency and facilitate improved internal logistics.
The resumption of work on Empire II confirms the developer, Sezar Group,'s intention to transform it not only into an office building but also into a landmark hub for the capital's leading companies. This move will not only provide Moscow Exchange with a practical advantage but also underscore its ambitions over its competitors. The new office building is not only fully functional but also modern in design and equipped with cutting-edge technological solutions.
The rent per square meter for Empire II is 600,000 to 650,000 rubles (including VAT), in line with the current market conditions for luxury office space in Moscow.
The move to Moscow City also demonstrates Moscow Exchange's commitment to continuously modernizing its infrastructure and adapting to the rapidly changing market environment. Upon completion of the transaction, the company expects to have significant expansion opportunities and improve service conditions for employees and clients.
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