Rental rates in street retail decreased in the capital
25.07.2022 3603

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

Chanel's second haute couture collection by Mathieu Blasy is inspired by fairy tales.

In July, the Chanel Fall 2026 haute couture collection was presented in Paris, the second couture collection from the French luxury brand, created under the direction of creative director Mathieu…
17.07.2026 3737

BRAUS, a manufacturer of shoe care products, insoles, and accessories, will be participating in the Euro Shoes exhibition from August 25 to 28.

BRAUS is a manufacturer of shoe care products, insoles, and accessories that helps shoe stores sell more.
15.07.2026 707

Vietnam overtakes China in race for US market

In the first quarter of 2026, Vietnam overtook China to become the leading supplier of footwear to the US market. This result is due to two factors. First, the increased competitiveness of the Vietnamese footwear industry. Second, the ongoing trend…
15.07.2026 677

Maison Margiela's Tabi boots break auction records in Paris.

On July 9, Maurice Auction, in collaboration with Kerry Taylor Auctions, held an auction in Paris featuring 195 lots from the personal archive of Belgian designer Marine Margiela. The total proceeds from the auction, which concluded…
14.07.2026 3967

Since the beginning of 2026, more new foreign brands have entered St. Petersburg shopping centers than the previous year.

According to NF GROUP analysts, the share of foreign brands in St. Petersburg shopping centers fell from 12,3% to 11,1% in the first half of 2026. International retailers reduced their space by 9,3 square meters, and nine brands…
10.07.2026 1408
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning