Rates are rising
15.05.2012 2581

Rates are rising

Real estate rent in the center of Moscow increased by 13% per quarter

Specialists of the RRG group of companies within the framework of the project “Consensus forecast of the dynamics of key economic indicators and indicators of the Moscow real estate market for the period from the IV quarter. 2011 to IV quarter. 2013 ”summed up the results of the 2012st quarter of XNUMX.

Analysts say that the market gave surprises, despite cautious forecasts of leading experts. The average rental rate of street-retail facilities within the Garden Ring, which, according to experts, should have remained virtually unchanged, increased by as much as 13%. According to RRG monitoring, by the end of March 2012, the rental price of 1 sq. M. Reached $ 2234 per 1 square meter per year against $ 1974 at the end of 2011.

Also, despite the forecasted 1%, the weighted average price of retail real estate (6%), the weighted average street-retail price within the Garden Ring (5%) and the average rental rate for office property inside the Garden Ring (5%) increased significantly.

Denis Kolokolnikov, Chairman of the Board of Directors of the RRG Group of Companies, considers the discrepancy between the real situation and the forecasts quite natural: “The first quarter is always characterized by significant market fluctuations. This is both a "failure" in January due to the New Year holidays, and a sharp revival of activity in February and March. Moreover, this year, all markets - and real estate is no exception - have been influenced by the political component. Before the elections and immediately after them, many owners of commercial real estate were in a hurry to carry out certain operations, fearing a change in the “rules of the game”.

As for the street-retail segment within the Garden Ring, the low volume of supply plays a huge role here. In such a narrow segment, the price may depend on the entry or exit from the market of literally one or two very expensive objects. Therefore, in the near future, it is quite possible to expect a correction in rates for this type of real estate, due to its volatility. " The site malls.ru writes about it.

Real estate rent in the center of Moscow grew by 13% in the quarter Specialists of the RRG group of companies within the framework of the project “Consensus forecast of the dynamics of key economic indicators and market indicators ...
5
1
Rating

Latest News

Fashion house Schiaparelli has released sneakers with socks in the shape of golden toes

For the first time in its history, the fashion brand Schiaparelli, revived in 2013, released sneakers. The shoe model corresponds to the style of the most surreal brand in world fashion. Schiaparelli creative director Daniel Roseberry,…
22.04.2024 166

Brunello Cucinelli increased revenue in the first quarter by 16,5%

With LVMH recently reporting a 2024% drop in revenue for the first quarter of 2 due to overall stagnation in the luxury market, Italian fashion house Brunello Cucinelli has bucked the trend. IN…
18.04.2024 319

Lamoda launches its own clothing and footwear brand

Russian online retailer Lamoda presented the first collection of its own women's clothing brand NUME. Exclusively on the Lamoda online platform under the NUME brand, about 90 items for women’s wardrobe are offered -…
18.04.2024 367

Shoe and clothing brands have released special collections for the 20th anniversary of the ST-JAMES boutique

The multi-brand boutique ST-JAMES, managed by a major player in the Russian fashion market, the Jamilco company, celebrates its 20th anniversary this year. A number of shoe and clothing brands represented in the boutique have prepared special…
18.04.2024 346

Balenciaga has released a new release of oversized 10XL sneakers

Fashion house Balenciaga debuted the 10XL sneaker during its fall 2024 runway show in Los Angeles back in December. At the time of the show, the first two color schemes of the new model were available for pre-order, which deliberately surprised...
17.04.2024 458
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning