Moscow Serviced Offices Grow More Expensive

A workstation in Moscow's serviced-office market cost an average RUB 56,000 a month in October 2025, up 54% year on year, according to CORE.XP figures reported by Kommersant. The newspaper also put November vacancy in the segment at 13.2%, citing the consultancy.

A market of many operators

Earlier in the year, CORE.XP's April market report counted 78 operating providers in Moscow, Russia. The ten largest accounted for 56% of existing flexible-office floor area. By April, newly opened locations had added 9,000 square metres and 1,541 workstations. These are a spring snapshot of supply, rather than a description of the market at November's reporting date.

The figures describe different sides of the office market: how much space exists, how much is available and what a workstation costs. A building can contain a mixture of private offices, shared desks and meeting rooms. Counting its total area therefore answers a different question from counting the places available to a team looking to move in.

The monthly price and the working week

A per-workstation price becomes easier to understand alongside a team's schedule. Consider a hypothetical office with eight reserved desks across twenty working days: it provides 160 desk-days of capacity. Actual attendance could fill all of them or only some. The distinction concerns the use of space, without assuming a particular operator's price or contract.

Three separate quantities

• Reserved places describe the capacity a team has arranged.
• Attendance describes how many colleagues actually arrive.
• Meeting-room time describes an additional use of shared space.

Those quantities need not move together. If colleagues alternate office days, eight people might use fewer than eight desks. If everyone attends on the same day, that arrangement changes. The monthly price alone cannot reveal which pattern a particular team follows.

Availability has a location

A citywide vacancy figure does not identify a suitable room near a particular station or a group of adjoining desks. Empty places scattered across several addresses cannot automatically accommodate one team. Conversely, a small team may find a suitable opening without a large change in the overall market indicator.

Price and availability are therefore useful starting points for understanding the market, while the day-to-day meaning of an office depends on its location, the space offered and the way colleagues use it. The distinction keeps a broad market average separate from the experience of an individual workplace.