May brought a noticeable revival in retail. How did it affect the size of rental rates? The RRG company carried out monitoring and found out that in Moscow the average rental rate of retail premises for the month remained at the level of April and amounted to $ 435 / sq. M / year. Given the 5% depreciation of the dollar in May, the average rental rate in ruble terms decreased by 5%.
The levels of changes in rates over the past 12 months in the center and beyond continue to be comparable with each other, which indicates the approximately equal impact of the situation in the macroeconomics on these segments in the medium term.
The volume of supply of retail premises in the street retail format in May 2015 decreased by 24% in terms of quantity, and by 20% in terms of total area. The average rental rate decreased by 2% and amounted to $ 1 / sq.m / year.
The supply volume of street retail retail space outside the Garden Ring for the month decreased by 25% in number and 20% in total area. The average rental rate decreased by 5% and amounted to $ 667 / sq.m / year.
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