The growth rate of retail space in Yekaterinburg is reduced
18.02.2015 3364

The growth rate of retail space in Yekaterinburg is reduced

The shopping center market in Yekaterinburg has reached the saturation stage - the growth rate of retail space has been declining for the last two years. Market participants note that at the end of 2014, the market faced a drop in consumer traffic and a decrease in tenants' income, which led to a revision of the terms of concluding lease agreements.

In total, in 2014, the retail space market in the city increased by 90 thousand square meters. meters. The average vacancy rate in the shopping center of Yekaterinburg is below the normative level and amounts to approximately 2-3%, but this figure may reach 15%.

The shopping center market in Yekaterinburg has reached the saturation stage - the growth rate of retail space has been decreasing for the last two ...
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