Rieker
Rates on street-retail in Moscow are not reduced
18.07.2014 7893

Rates on street-retail in Moscow are not reduced

In June, the share of vacant areas in the street retail segment continued to increase and amounted to about 7% on the most popular shopping corridors in Moscow.

Nevertheless, rental rates are not decreasing, while the terms of the exposition of premises have increased: some rooms with the optimal set of characteristics and the most favorable location are exhibited for the second month in a row.

The situation in street retail is complicated by the growth of a new high-quality offer in the segment of shopping centers. Moreover, some new foreign brands, preparing to enter the market, prefer to rent it in shopping centers.

In addition, in June in Moscow, the Vegas Crocus City shopping and entertainment center was opened. The object entered the market with a shopping gallery filled with 90%, it is planned to achieve full occupancy by the end of the year.

In June, in the street retail segment, the vacancy rate continued to increase and amounted to about 7% in the most demanded shopping corridors ...
5
1
Rating

Latest News

Shoes 1920s - at the exhibition “Dressed in luxury. Art Deco Woman" in Moscow

The exhibition Dressed in Luxury. Art Deco Woman”, which presents one of the world's best collections of shoes and shoe…
31.01.2023 127

Sabato de Sarno named Gucci's new creative director

French luxury holding Kering Group has unveiled a new creative director of the Gucci brand. It was the 39-year-old Italian designer Sabato De Sarno, who is currently the director of menswear and womenswear ...
30.01.2023 155

Nike announces collaboration with Tiffany & Co

Tiffany & Co. sneakers x The Nike Air Force 1 Low will be housed in a signature mint-colored jewelery brand box adorned with Nike's signature 'comma' in the center.
29.01.2023 622

Gigi Hadid Appears in Boss Campaign

American supermodel Gigi Hadid presented a new collection of the German fashion brand Boss. In the campaign photo, Hadid is dressed in a black loose-fitting pantsuit, on the model's feet are black sandals from the brand's new women's spring collection ...
27.01.2023 349

Ermenegildo Zegna Group reports 2022% revenue growth in 15,5

Italian group Ermenegildo Zegna ended 2022 with a 15,5% increase in revenue, although business results were impacted by anti-covid restrictions in the Bolshoi…
26.01.2023 411
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning