In the first half of the 2011 year, rental rates on retail space showed a steady increase
Praedium Oncor International analyzed the retail property market in the 1 half of the 2011 year. The trends characterizing this segment in the second half of the 2010 of the year continued at the beginning of the 2011. In the 1 quarter, the demand for retail premises was steadily increasing, the volume of vacant retail space was decreasing, rental rates showed moderate growth. In the second quarter of 2011, the dynamics of changes in key indicators continued, but the pace of change slowed.
According to the consulting company Praedium Oncor International, one of the most notable events in the retail real estate market in the first half of the year was the opening on May 22 of the AFIMALL City shopping and entertainment center on the territory of the Moscow-City MIBC. This facility became the largest in 2011. At the moment of opening in the shopping and entertainment center (GBA - 180 sq.m, GLA - 000 sq.m), about 114% of the area was commissioned. All major retail chains are present among the tenants. It is expected that by the end of the year the shopping and entertainment center will be 000% filled with tenants. The growth in demand and the increase in the level of rental rates in the first half of the year, in particular, is explained by the increased activity of most retailers, which manifested itself in the opening of new stores in Moscow and large regional cities. The most active were grocery retailers, children's goods stores and clothing stores.
At the end of the first half of the 2011 year, the total space in high-quality shopping centers in Moscow is approximately 7,65 million square meters. m, of which 3,98 million square meters - retail space.
In the first half of the 2011 year, several retail properties were put into operation with a total sales area of about 180 000 sq.m. TPU “Planernaya” also made a significant contribution to the offer of high-quality retail space (GBA - 50 380 sq. M, GLA - 14 790 sq.). Other significant objects that opened in the 1 half-year are the Northern Lights shopping center (GLA - 12 250 sq.m), the MonArch shopping center (GLA - 10 750 sq.m) and the Shopping Center within the framework of the IFC Summit (GLA - 5 482 sq.m).
The activity of most retailers, announcing plans to expand retail chains, has influenced the growth in demand and the increase in rental rates. In the first quarter of 2011, there was an increase in demand for retail space both in the segment of shopping centers and in street-retail, and rental rates showed a smooth increase. At the same time, the share of free space in the segment of high-quality shopping centers decreased from 6,5% in the 1 quarter of 2011 to 5% in June and is close to zero in the street-retail segment.
Praedium Oncor International has analyzed the retail real estate market in the 1 half of the 2011 year.
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"When Customers Are Few: How Fashion Store Owners Can Squeeze the Most Out of Every Customer"
In recent years, offline retail in clothing, footwear, and accessories has been operating under conditions of a steady decline in incoming traffic. By the end of 2025, offline store traffic in Russia had declined by 8-15%, with the offline segment's purchase rate declining more sharply than the overall market, according to Retail.ru. According to statistics from individual shopping centers, the decline by the end of last year was between 15 and 25%. How can salespeople effectively engage with customers in such challenging conditions? We'll explore service strategies in low traffic conditions with SR expert Elena Vinogradova, who specializes in purchasing and sales in the fashion business. The expert shares proven methods with practical examples of speech modules. Elena is confident that, in a context of declining traffic, high-quality service is becoming the main competitive advantage for the shoe industry.
Offline vs. Marketplaces: How to Survive and Win in 2026?
In Russia, e-commerce's share has grown from 5% in 2019 to nearly 23% in 2024 and continues to grow, with e-commerce market analysts predicting it will reach over 30% by 2029. Offline retail, meanwhile, can not only survive but also grow by 20-30% annually if it stops offering clothes on hangers and shoes on shelves and starts selling unique experiences. We discuss this topic with Shoes Report regular contributor Elena Vinogradova, an expert in fashion buying and sales and the author of the Fashion Business Blog, a blog for retailers and buyers.
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From July 27 to 29, the Euro Shoes@CAF_Eliteline 2026 exhibition will be held in Almaty, Kazakhstan.
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Retail Arithmetic
Before you begin to solve specific problems, you need to find out how accurately all the leaders of your company understand the basic terminology of retail.
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