In Moscow, the rental rates for street retail premises have decreased
26.07.2023 4119

In Moscow, the rental rates for street retail premises have decreased

According to SimpleEstate, in the first half of 2023 in the capital, the cost of renting street retail premises with an area of ​​up to 300 sq. m decreased by 13% year-on-year, to 3 thousand rubles. for 1 sq. m per month, and for objects over 300 sq. m - by 3%, up to 1,8 thousand rubles, writes Kommersant.

In particular, there is a decrease in rental rates on major highways - Kutuzovsky and Leninsky prospects, where the share of vacant premises has increased. The most expensive street retail premises are concentrated on shopping streets in the center of Moscow, including Kuznetsky Most and Nikolskaya, where Western luxury brand stores operated. But the closure of some luxury brand stores on these streets did not provoke a decrease in rental rates, on the contrary, according to NF Group, rates in these areas in January-June increased by 5% year-on-year.

Now the average price of retail real estate in Moscow in the street retail format is up to 300 sq. m is 456 thousand rubles. for 1 sq. m, which is cheaper by 8% year on year, real estate over 300 sq. m - 238 thousand rubles. for 1 sq. m, that is cheaper by 5%.

According to SimpleEstate, in the first half of 2023 in the capital, the cost of renting street retail premises with an area of ​​up to 300 sq. m decreased by 13% year-on-year, to 3 thousand rubles. for 1 sq. m per month, and on ...
5
1
Rating

Latest News

The luxury market demands bolder solutions

Luxury group Kering ended the first quarter of 2026 with a decline, and for Gucci, which is part of the group, it was the eleventh negative quarter…
08.05.2026 481

Misli Studio has released a denim shoe collection in collaboration with Off Vintage.

Denim complements sneakers and clogs; these styles were featured in a collection by St. Petersburg brand Misli Studio in collaboration with the St. Petersburg vintage store Off…
07.05.2026 676

Vans has released sneakers with a denim upper.

American Vans has released the Vans Authentic "Denim Pack" collection, which includes sneakers with denim uppers. The denim trim extends from the upper to the entire sole, offering excellent opportunities for…
07.05.2026 860

Happy Victory Day!

81 years ago, the Soviet people celebrated victory over the Nazi invaders with great joy! We remember the heroic deeds of our grandfathers and…
07.05.2026 768

Puma reports strong results for the first quarter of 2026

Puma reported a strong start to its 2026 financial year, helped by inventory reduction efforts, and also announced the appointment of Mark Langer as chief financial officer, writes…
07.05.2026 724
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning