In St. Petersburg, rental rates in the street retail segment fell
17.02.2015 3430

In St. Petersburg, rental rates in the street retail segment fell

In St. Petersburg, rental rates in dollars on the street retail market were recorded. According to the results of the 2014 year, this indicator decreased by 40-60%, to 1,3-2,2 thousand dollars per square meter.

Analysts explain this decline by weakening of the ruble against foreign currencies by the end of the 2014 year. As a result, this led to intensified negotiations between tenants and owners, including cases where contracts were concluded in foreign currency.

At the same time, the dynamics of growth of rates in rubles on the mass market was recorded. The indicator reached growth at the level of 5-15%.

In St. Petersburg, rental rates in dollars on the street retail market were recorded.
5
1
Rating

Latest News

Clarks to cut 150 more jobs

Due to growing losses, the British shoe manufacturer Clarks intends to reduce staff. A reduction of 150 office jobs is planned. Clarks closed 2023 positions in 103, writes...
24.06.2024 128

Expo Riva Schuh attracted more than 9000 visitors

In the Italian Riva del Garda, from June 15 to 18, the 101st exhibition of shoes, bags and accessories Expo Riva Schuh & Gardabags was held. The exhibition featured 1300 exhibitors from 40 countries (80% came from abroad). Event…
23.06.2024 177

Golden Goose postpones IPO

Permira-backed luxury sneaker company Golden Goose has decided to delay its IPO due to political uncertainty in Europe. The start of trading was supposed to take place on June 21, writes...
21.06.2024 412

EKONIKA launched an advertising campaign in support of its new collection

EKONIKA invited fashion influencer, founder of the Komisstore resale platform, fashionista and socialite Oksana Rim to the advertising campaign of its new Premium collection. “The union of strictness and relaxation,” this is how it describes...
21.06.2024 476

Camper x Sunnei created sneakers with symmetrical half-pairs

The Forone sneakers, created in collaboration between the Spanish shoe brand Camper and the Italian fashion brand for men and women Sunnei, are suitable for any…
20.06.2024 526
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning