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In the first half of the year, three new shopping centers were opened in Moscow Shopping center "Mila"
11.07.2018 1175

In the first half of the year, three new shopping centers were opened in Moscow

In the 1 half of the year in Moscow, three high-quality shopping centers were opened - Shopping Center Milya, Shopping Center Kashirskaya Plaza, Shopping Center Petrovsky; the total amount of rented space in shopping centers amounted to 98,5 thousand square meters. m

In the 1 quarter in Moscow, the only shopping center was introduced - Milya in Zhulebin (19 thousand sq. M), in the 2 quarter, two objects entered the Moscow retail property market - the largest project of the year at Kashirskaya Plaza shopping and entertainment center ( 71 thousand sq. M) and the shopping center of the district format “Petrovsky” (8,5 thousand sq. M). At the same time, for the same period last year, not a single retail facility was commissioned in Moscow.

Among the projects announced for commissioning before the end of this year, the shopping center as part of TPU Rasskazovka (19 thousand sq. M), Arena Plaza (17 thousand sq. M), Galeon (14 thousand sq. M ), "Angara" (7 thousand sq. M.). Thus, the annual volume of the new proposal will be 163 thousand square meters. m, which is only 5% higher than last year, which became a record low for the past five years.

“In the last two years, the launch of new shopping centers has practically no effect on the dynamics of vacancy, as the facilities open with a very high occupancy rate. So, for example, in the Kashirskaya Plaza shopping center at the time of opening, the share of free space was less than 5%, ”comments Ekaterina Zemskaya, head of the retail real estate department at JLL. - As a result, according to the results of the 2 quarter, the share of free space in the market of retail space in Moscow reached its minimum value in four years and amounted to 5,2%. We expect to maintain a low level at around 5% until the end of the year. ”

Over the past six months, the vacancy rate has decreased most significantly in shopping centers launched in 2016-2017, such as Riga Mall, Vegas Kuntsevo and Butovo Mall.

In the 1 half of the year in Moscow, three high-quality shopping centers were opened - Shopping Center Milya, Shopping Center Kashirskaya Plaza, Shopping Center Petrovsky, the total amount of rented space in shopping centers amounted to 98,5 thousand ...
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