Rental rates in street retail decreased in the capital
25.07.2022 3260

Rental rates in street retail decreased in the capital

On the central streets of Moscow, retail real estate rental rates have decreased from 10% to 45%. This is due to the departure of international brands and limited demand for vacated premises from retailers remaining in the country, Kommersant writes with reference to Knight Frank analytics.

It is noted that rental rates decreased most noticeably in Kamergersky Lane, by 45%, to 33 thousand rubles. for 1 sq. meter per year. On Mira Avenue, the decline was 33%, to 20 thousand rubles. for 1 sq. m, on Arbat and Pyatnitskaya street - 20%, up to 40 thousand and 20 thousand rubles. for 1 sq. m per year, respectively.

At the same time, rent at Patriarch's Ponds, on the contrary, increased by 40%, to 210 thousand rubles. for 1 sq. m per year.

In general, renting out premises has become more difficult. The owners of the premises are counting on the revival of demand from tenants this autumn. But analysts believe that the decline in retail activity will last at least another year.

On the central streets of Moscow, retail real estate rental rates have decreased from 10% to 45%. This is due to the departure of international brands and limited demand for vacant premises from…
5
1
Rating

Latest News

An increase in new shopping centers in Russia is expected in 2026.

Analysts at NF Group predict that the volume of new shopping centers completed in the country could increase by 21% to 638 square meters in 2026. This is double the amount completed last year…
12.01.2026 208

Sneakers are set to become the biggest footwear trend in 2025.

Hybrid footwear—a combination of sneakers and ballet flats—has taken root in fashion brands' collections since 2025. Designers have eagerly embraced the trend and are pouring all their creative energy into creating a variety of looks.
30.12.2025 1883

The Familia chain will open 18 new stores in 2025.

One of the most successful projects in Russian fashion retail is the multi-brand chain Familia, which offers clothing, footwear, accessories, and home goods. It operates in 125 cities, with 18 new stores opening in 2025.
30.12.2025 1717

Happy New Year and Merry Christmas

Dear readers and colleagues! We wish you a Merry Christmas and a Happy New Year!
29.12.2025 1621

Fashion retail is going downhill

Around 20 Russian clothing and footwear brands will close their retail operations in 2025, Vedomosti reports, citing data from a consulting company.
26.12.2025 2258
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning