Analysts at Cushman & Wakefield note a shortage of quality retail space
13.07.2011 2059

Analysts at Cushman & Wakefield note a shortage of quality retail space

Cushman & Wakefield summed up the results of the retail real estate market for the 2nd quarter of 2011. According to company analysts, for the first time after the crisis of 2008-2009, a shortage of quality retail space began to be observed. Another market trend - rental rates in the best shopping centers and the most prestigious shopping corridors continue to grow (up to 10% for the 2nd quarter). Nevertheless, in most shopping centers the rates remain at the same level, especially in the Russian regions.

Another conclusion of the company is that the activity of retailers is at a high level. During the second quarter, many companies announced large-scale strategic development plans, including regional expansion. Retailers have become actively interested in Russian regions, both million-plus cities and cities with a population of more than 500 thousand people.

Traditionally, for the beginning of the year, a rotation of tenants took place in many shopping centers and shopping corridors. This is especially noticeable in trade corridors, for example, on Petrovka and Stoleshnikovoy during the second quarter 25% of tenants were replaced, on Tverskaya - 12%, on Pokrovka - 16%.

Free quality premises are available less and less. As a result, the level of vacant space in high-quality shopping centers in Moscow with an established coverage area for the fourth quarter is at the level of 1%. In the trade corridors at the beginning of 2011, the level of vacant premises slightly increased (as a result of the ongoing change in the composition of tenants) and during 2011 continues to be at the level of 4-5%.

Cushman & Wakefield summarized the retail real estate market for the 2 quarter of 2011 year.

Latest News

Tamaris included a line of sneakers in the fall-winter 2020/21 collection

The German brand of women's shoes Tamaris does not forget about today's sport-chic style and has included feminine and bright sneakers Tamaris Fashletics in its collection of the fall-winter 2020/21 season.
04.04.2020 238

Swims released knitted tops

The Norwegian brand of rubber shoes Swims continues to produce shoes made of non-rubber materials. Rather, the sole is still rubber, and the upper part of the women's Swims Breeze Tennis Knit sneakers is made of knitted fabric.
04.04.2020 193

Italian shoe designer Sergio Rossi passed away

On April 2, at the age of 85, the famous Italian shoe designer Sergio Rossi died. Under the brand name Sergio Rossi, which was founded in 1968, women's shoes of the premium class were produced; the brand has always been very loved in Russia.
03.04.2020 156

Retailers respond to Wildberries' job offer

Wildberries launched a campaign to employ Russians who lost their jobs during the forced quarantine period and launched the website http: //vsrabotavb.rf, which places its own vacancies and also offers other retailers to leave ...
03.04.2020 159

Сrocs recalled spring in collaboration with Liberty London department store

A series of clogs with delicate floral prints was the result of a collaboration of the Crocs brand with the British department store Liberty London. Liberty London is known for its gorgeous intricate silk scarves.
03.04.2020 83
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning