In Moscow, a record number of empty retail space
In the first quarter of 2015, the level of vacant space in the capital's shopping centers amounted to 5,6%, which is the highest figure since 2010, according to the report of the consulting company NAI Becar. For comparison, in 2014 this indicator averaged 4,8%, and before that for a long time did not exceed 3%. NAI Becar took into account only areas for which, according to the owners of the shopping center, a lease agreement has not yet been concluded. If you look at the real number of closed stores, the picture is even worse: as noted by Yulia Sitnikova, an analyst of the research and consulting department of the Magazin Magazin company, the share of really closed space in the capital's shopping centers has grown compared to the end of 2014 and is at a record for the market a high 11% (as of April 2015).
“560 thousand sq. m of leasable space, in fact, are closed - this is more than two completely empty Aviaparks (one of the largest shopping malls in Europe, opened in Moscow in 2015). We began to record the growth of the indicator at the end of last year - then from 2,5% (end of 2013) it grew immediately to 8,5%, ”Sitnikova said. As she clarified, in the objects opened since 2014, the share of vacant space is 50%.
The trend is associated with a decrease in the number of buyers - buyers have become less likely to visit large shopping centers with an area of 40 thousand sq. M. Or more. The attendance of such objects has decreased, according to Nai Becar, by 5-12%.
In the first quarter of 2015, the level of vacant space in the capital's shopping centers amounted to 5,6%, which is the highest figure since 2010, according to the report of the NAI consulting company ...
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