On the shopping streets of Moscow - stability
20.12.2013 3703

On the shopping streets of Moscow - stability

Analysts of Cushman & Wakefield summed up the results of the year on the shopping streets of Moscow. According to them, rental rates throughout the year in retail corridors remained stable, however, on luxury shopping streets, several transactions were recorded at rates higher than average by 15-20%, which is associated with a small volume of vacant premises, and the tendency towards an increase in rental periods continued: three-year leases are becoming more common.

In 2013, there were no significant changes in tenants' preferences: the streets adjacent to the Okhotny Ryad, Tverskaya and Kuznetsky Most are still the focus of retailers. In the 4th quarter, point rental transactions were recorded with premises in Stoleshnikov Lane and on Petrovka.

An important new segment for street retail is the associated retail space in large office centers or multifunctional complexes that are capable of generating a unique flow of visitors with predictable solvency.

A significant event in 2013 was the opening of pedestrian streets in the city center. They have great potential in terms of trade and retailers have shown great interest in the walkable areas. Another initiative of the Moscow government, the introduction of paid parking in the city center, will also contribute to shifting the interest of premium segment retailers and public catering enterprises to new geographical market segments. The Garden Ring and adjacent streets can become a new center of activity.

Analysts at Cushman & Wakefield summed up the year on the shopping streets of Moscow.
5
1
Rating

Latest News

Chanel Metiers d'Art 2026 show held in the New York subway

The Chanel Métiers d'Art 2026 show took place in the abandoned Bowery subway station in New York City. "I think it's the only city in the world where all walks of life use the subway, and it's the only place where there's no hierarchy," he explained.
09.12.2025 66

Expo Riva Schuh and Gardabags will take place in Riva del Garda from 10th to 13th January

The international footwear, bag, and accessory exhibition Expo Riva Schuh and Gardabags will once again take place in Riva del Garda, Italy, from January 10th to 13th, and will showcase the latest footwear and accessories and emerging consumer trends.
09.12.2025 94

St. Petersburg sees rising vacancy rates in street retail

Since the beginning of 2025, the vacancy rate in St. Petersburg's main retail corridors has risen to 7%, an increase of 1,4 percentage points over the year. The increase in vacant space is due to a decline in consumer activity and more selective behavior…
08.12.2025 280

A Birkin bag sold for almost €2,5 million in Abu Dhabi.

"Le Birkin Voyageur" ​​- one of Jane Birkin's Hermès Birkin bags, named "The Voyager" - was sold for €2,45 ​​million (including fees) at auction in Abu Dhabi on Friday, months after…
08.12.2025 299

Vans sneakers are decorated with pearls and stones.

Designer Matthias Gollin used approximately 2000 pearls and stones to transform a pair of Vans Authentic sneakers from a mass-market product into a unique, handcrafted piece.
05.12.2025 650
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning