Rental rates in Moscow shopping centers in 2011 year increased by 12%
Rental rates in high-quality shopping centers in the Moscow region on average increased in 2011 by 12 - 14%, according to a study by Knight Frank.
As specified in the report, by the end of 2011 the rates for anchor tenants were $ 100-300 per square meter per year excluding operating expenses and VAT when renting more than 5 thousand sq. M of retail space, $ 250-400 - when renting 1,5-5 thousand sq. m., $ 300-600 - when renting a store with an area of 500 to 1,5 thousand sq. m.
For clothing and footwear stores with an area of 300-500 square meters, rental prices in metropolitan shopping centers range from $ 600 to 1,5 thousand, and with an area of 100-300 sq. M. - from $ 800 to 2,5 thousand per “square” per year is added to the report. Merchants selling children's goods for renting premises with an area of 300-500 sq. M in a shopping center today have to pay from $ 400 to 1 thousand for a "square".
The most expensive, according to experts, renting premises in a shopping center costs leather goods, jewelry, gifts, jewelry and mobile phones with an area of about 50 sq. M. - $ 1,8-4,5 thousand per square meter per year without operating costs and VAT.
“The shortage of supply and the growing demand of retail operators for development areas provoked an increase in rental rates,” the report explains.
It indicates that in the 2011 year in Moscow and the region, instead of the planned 15 shopping centers, only seven shopping facilities were opened with a total area of 320 thousand square meters, which is a record low rate over the past ten years.
As a result, at the beginning of the 2012 year, the total supply of modern retail space in Moscow reached 7,83 mln sq m. At the same time, the activity of trading operators throughout the 2011 year remained high, which, against the background of low growth in supply, led to a decrease in the vacancy rate by the end of the year to 2,5% is added to the report.
In 2012, experts expect a weakening trend towards a decrease in the vacancy rate and an increase in rental rates in connection with plans to introduce a significant amount of new supply.
In the same year, according to the company, in Moscow and the Moscow Region the completion of the construction of 17 shopping centers with a total area of about 960 thousand square meters was announced, which is close to the 2010 indicator of the year and three times the result of the 2011 year.
In particular, this year announced the opening of the largest shopping center within the Third Transport Ring - "River Mall" with a total area of 258 thousand square meters. In addition, this year, it is expected that Fashion House outlet centers that have not been presented on the Russian market before will be commissioned. Outlet Village Belaya Dacha and Vnukovo Outlet Village, RIA Novosti reports.
Rental rates in high-quality shopping centers in the Moscow region increased on average by 2011-12% in 14, according to a study by Knight Frank. As specified in the report, by the end ...
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EURO SHOES is the only exhibition of European brands in RUSSIA!
Dear buyers and visitors of the exhibition!
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