Interest in outlets in the Russian market is growing
13.01.2012 3208

Interest in outlets in the Russian market is growing

One of the main trends in the retail real estate market in 2011 was the noticeable interest of all market participants in the new outlet format for Russia.

In the Moscow region, two objects of this type are expected to open - Outlet Village Belaya Dacha and Brandcity Outlet Center. This format of shopping centers is also interesting for market participants in the regions. So, last year it became known about the possibility of the emergence of outlet centers in Yekaterinburg. According to experts, outlet centers will work well in the regions of Russia. Firstly, because they are never located in the city center and it will be possible to build one such center in two cities, for example, Yekaterinburg and Chelyabinsk. Secondly, it is expected that foreign investors will come to this sector willingly. Today in Europe there are already 180 outlet centers, so the investor is considering entering other regions, in particular, the Russian market. GVA Sawyer is actively negotiating sites in the regions, including Yekaterinburg.

According to the consulting company Praedium ONCOR International, significant trends in the retail real estate market last year also include increased tenant activity and the emergence of new retail chains and brands. It should also be noted the high interest in the trading segment by investors, manifested in the closure of a number of major investment transactions.

Among the most notable investment deals in 2011, one can note the purchase by Fort Group of the retail real estate portfolio of the Makromir chain in St. Petersburg, the sale by MTZ Rubin of the Gorbushkin Dvor and Filion shopping centers (the total transaction volume is estimated at about $ 600 mln), the acquisition by RMB-Invest of three MetroMarket shopping centers from Capital Group, the sale of the Kaluzhsky shopping center to MCG and Z-Build to the BIN group (the transaction amount is estimated at $ 150 million), a transaction for the purchase by the corporation "OPIN" of the project of the shopping and entertainment center named after Raikin on Sheremetyevskaya Street (the volume of the transaction amounted to $ 50 million), writes the magazine "Trade Practice".

 One of the main trends in the retail real estate market in 2011 was the noticeable interest of all market participants in a new format for Russia ...
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