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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How Pareto's Law Works in a Shoe Retail Store
Analysis of the company's performance is an important quality of a manager. Many indicators in the retail business are subject to analysis, primarily - sales planning and inventory balances, KPI performance by employees, the effectiveness of marketing campaigns, the number of sellers, their work schedules and many other factors that affect the final result of the store. In this material, SR expert on increasing sales in shoe retail Evgeny Danchev, using the Pareto principle, understands the reasons why revenue and volumes of goods sold are distributed very unevenly between weekdays and weekends. The author is confident that the Pareto principle is indispensable in the systemic analysis of sales management efficiency and sales results. But it is important to apply it correctly and interpret its meaning.
How a fashion brand can get into ChatGPT recommendations
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associated with elitism, aristocracy and an active lifestyle.
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Euro Shoes – on a new premium platform!
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Clarks: 200 years of quality, style and innovation
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The cyclicality of fashion and its impact on the financial results of the fashion business
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Main trend themes for footwear and bags collections for the fall-winter 2025/26 season
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How to differentiate yourself from competitors and earn more?
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What decorative items can be used as retail equipment to effectively present shoes and bags?
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Some businessmen still confuse the concept of margin with the concept of trade margins and set prices for their goods, guided solely by the example of competitors. No wonder they go broke! Analyst at the Academy of Retail Technologies Maxim Gorshkov gives several tips and formulas with which you can set not only ruinous, but also profitable prices.
Sales of shoes and accessories: effective techniques for business rhetoric
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We form the salary of sellers: expert advice
“How do you charge your consultants for personal or general sales?” Is one of the most popular questions causing a lot of controversy and gossip on the online forums of retail business owners. Indeed, how to properly form the earnings of sellers? But what about bonuses, where to get a sales plan from, do employees allow them to buy goods at discounted stores? In search of truth, the Shoes Report turned to a dozen shoe retailers, but no company wanted to disclose its motivation system - the process of its development was too complicated and individual. Then we asked four business consultants, and finally became convinced that the topic of seller motivation is very complex, because even our experts could not come to a common opinion.
Technology Selling Issues
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Fur, and not only: types of lining
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The best models of Czech shoes of the past
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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.
How to fire a worker without tears, scandal and trial
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