Attendance in shopping centers in St. Petersburg and Moscow is recovering
21.09.2021 2760

Attendance in shopping centers in St. Petersburg and Moscow is recovering

According to analysts, the attendance of shopping centers in Moscow and St. Petersburg is recovering, along with this, the sales turnover of retailers shows a positive trend, and the pre-pandemic level of rental rates is also returning, writes Kommersant.

According to analysts from Watcom Group, in the period from September 6 to 12, the Shopping Index (the number of visitors to shopping centers per 1 sq. Meters of retail space) in shopping centers in the capital was 2019% lower than in the same period of 6,5, in St. Petersburg, the decline is estimated at 5,1%. At the same time, relative to the same period in 2020, analysts note the growth of the Shopping Index: in Moscow + 3,5%, in St. Petersburg + 5,2%. A positive trend in traffic has been observed in shopping centers in both capitals for a number of weeks and, in general, experts say that the pre-pandemic level of traffic in shopping centers in both cities has recovered by 90%.

In the regions, the situation is developing better - the indicators have already reached the pre-pandemic level. At the same time, according to Diana Zaznobina, the leading expert of the Shopping Centers direction, Shop Store, the retail turnover is now on average 10% higher than in the same period in 2019, so the rental rates in shopping centers, which were reduced during the pandemic , went up again. Shopping center managers have already begun to win back the decline in rental rates during the lockdown.

According to analysts, the attendance of shopping centers in Moscow and St. Petersburg is recovering, along with this, the sales turnover of retailers also shows a positive trend, and also returns ...
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