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Russia’s Economic Slump Forces Logistics Firms Into the Regions

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As demand for new warehouse space collapses in Moscow amid Russia’s close-to-zero economic growth, logistic firms are flocking to the regions in a bid to keep up profits. According to a recent report by real estate consultancy Jones Lang LaSalle, Moscow’s logistics industry has been particularly hard hit by Russia’s economic slump. In the first nine months of this year warehouse use was almost 40 […]

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