On Nevsky Prospekt reduce rental rates
04.06.2014 6831

On Nevsky Prospekt reduce rental rates

The owners of premises at the beginning of Nevsky Prospekt in St. Petersburg are starting to cut rental rates. Numerous "Rent" signs on the windows of closed shops confirm that today's rates are clearly beyond the power of most tenants. Experts believe that it is not only the crisis that made businessmen think about less premium locations, but also the overestimated expectations of the owners from the opening in 2011. station "Admiralteyskaya", which raised the cost per square meter to an unjustified height. By 2014. it reached 7-12 thousand rubles. per sq. m. According to Olga Atkachis, head of the department of retail premises of Astera, although the new station facilitated access to this part of the city for Petersburgers and tourists, it had practically no effect on the size of the consumer flow.

The owners of premises at the beginning of Nevsky Prospekt in St. Petersburg are starting to cut rental rates.
5
1
Rating

Latest News

The Pitas brand presented its new Fall-Winter 2026 collection in Madrid.

A diverse collection featuring signature Pitas moccasins in a variety of styles—insulated, sherpa- and faux-fur-lined, more versatile, summer-to-early-autumn options—with a leather upper.
04.12.2025 202

Wortmann invests €100 million in Tamaris brand promotion

The German Wortmann Group has allocated €100 million to increase consumer interest in the Tamaris brand and boost sales. The budget will primarily focus on enhancing brand awareness and its relevance in retail. In 2012…
03.12.2025 347

Puma opens flagship in London

The Oxford Street store has become Puma's largest flagship store in Europe. It covers 2220 square meters and is located near Selfridges and Bond Street tube station. The store showcases key Puma innovations, such as…
02.12.2025 533

Street Beat expands its presence in Moscow and St. Petersburg

Street Beat, a chain of multi-brand sportswear and footwear stores, has opened two new locations in Moscow and St. Petersburg.
02.12.2025 568

Registration for Euro Shoes 2026 is open!

The Euro Shoes premiere collection awaits you at the premium venue, the WTC Congress Center in Moscow, from March 4 to 7, 2026.
01.12.2025 614
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning