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11 shopping centers were built in St. Petersburg in the 2011 year
17.02.2012 2573

11 shopping centers were built in St. Petersburg in the 2011 year

11 high-quality retail facilities were put into operation, the total leasable area of ​​which amounted to 191 thousand square meters. The largest are the Leto shopping and entertainment center on Pulkovskoye shosse, the Ligov shopping and entertainment center, and the Kosmos shopping center, according to a report by GVA Sawyer.

Key events in the retail real estate market took place in the M&A sector. Fort Group acquired the assets of the Macromir company, in particular, Rodeo Drive, French Boulevard, Felicita, City Mall, Fiolent, as well as several projects of shopping malls came under the control of the new owner.

In addition, Russian Real Estate Fund II acquired the Passage department store on Nevsky Prospekt. Finally, Morgan Stanley's acquisition of the Galeria shopping and entertainment center is almost complete. The amount of the transaction is estimated at $ 1? 1,1 billion, which will be a record investment deal in the real estate market of St. Petersburg, malls.ru writes.

The cost of renting premises in shopping malls in 2011 increased by an average of 8-10%. There was also a trend towards a return from mixed rental rates to fixed rental rates. However, the legacy of the crisis is the widespread use of various payment schemes. The annual indexation of rental rates is set at the level of 5-10% per year.

The net absorption of retail space in 2011 was about 210 sq. M. As a result, the average city occupancy rate of shopping malls open to visitors at the end of last year was about 000%.

11 high-quality retail facilities were put into operation, the total leasable area of ​​which amounted to 191 thousand square meters. m. The largest are the SEC "Leto" on Pulkovskoe highway, SEC ...
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