Botanica Mall shopping center in Moscow. Photo: Kommersant
By the end of 2025, Moscow expects to commission almost 400 thousand square meters of retail space
According to the consulting company NF GROUP, another 2025 shopping centers are expected to open in the capital by the end of 24, in addition to the five already commissioned in the first quarter.
Thus, by the end of the year, a total of 391,4 thousand square meters of rentable space may appear on the market, which may become an absolute record for the period 2017–2024, where the maximum number of openings with a total rentable area of 359,6 thousand square meters occurred in 2021.
Such a high volume of new retail space is due to the fact that the opening dates of most of the announced projects have been repeatedly postponed.
According to the results of the first quarter of 2025, the total volume of the Moscow shopping center market amounted to 7,7 million sq. m. Since the beginning of the year, five shopping centers with a leasable area of 78,2 thousand sq. m have opened in the capital, which already makes up 77% of all openings in 2024.
Currently, there is one district-format shopping center in Moscow, the Botanica Mall shopping center (GLA – 28,5 thousand sq. m) as part of the Botanical Garden transport hub, which has become the largest of those opened in the current quarter, as well as three district-format facilities: the ZOOM ZILART Department Store in the ZIL area (GLA – 19,5 thousand sq. m), AFI Gallery near the Belorussky railway station (GLA – 14,7 thousand sq. m) and the Vityaz Meeting Place in the Konkovo area (GLA – 10,9 thousand sq. m).
The last opened microdistrict format shopping center is the Zernyshko shopping center in the residential area of the Lyublino district (GLA – 4,6 thousand sq. m).
According to the consulting company NF GROUP, by the end of 2025, another 24 shopping centers are expected to open in the capital in addition to the five already commissioned in I…
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