Analysts at Knight Frank, an international consulting company, note that despite the large number of retail space per capita, there are still areas in Moscow that are not provided with quality real estate for retail.
According to the preliminary results of the first half of 2017, during the reporting period, only two shopping centers with a total sales area of 22 thousand square meters were opened in Moscow. m (GBA - 32,8 thousand sq. m), - noted in the report of the international consulting company Knight Frank. According to experts, the last time such low results were in the first half of 2003. The shopping centers that have opened in the capital - the shopping center Zeleny (GLA - 7 thousand sq. M) and Proletarsky (GLA - 15 thousand sq. M) are located outside the Third Ring Road and are objects of the “district” format.
The volume of vacancies in shopping centers for the first half of the year is 8,4% and approaches the indicator of the crisis 2009 of the year when it was 7,1%. Against the background of a reduction in the commissioning of new premises, empty premises were actively filled with tenants. The largest vacancy was recorded in the facilities that entered the market in 2016: currently every fifth square meter remains free here. Last year, shopping centers such as Watercolor South, Butovo MALL, Good, East Wind, Novomoskovsky and several others were opened.
In total, more than 500 thousand square meters are empty in the functioning shopping centers of the capital. meters of area (even about 1,5 years ago, this figure exceeded 1 million square meters). The maximum vacant area was recorded in the Southern Administrative District: here, out of 1,1 million square meters. meters of floor space is free almost 90 thousand square meters. meters (or 17% of the total vacant space in Moscow).
The smallest number of vacant areas is in the Troitsky and Novomoskovsky administrative districts (TiNAO) - about 20 thousand square meters. meters or 4% of the total vacant space in the capital.
According to the plans announced by developers of retail facilities, it is planned to put into operation about 2017 thousand square meters by the end of the 300 year. meters of retail space. A significant part of the planned volume falls on the Vegas Kuntsevo shopping center, which will open in the III quarter of 2017. According to the forecast of Knight Frank specialists, the vacancy rate indicator will continue to decline.