For 3 months of 2014, 10 shopping centers were introduced
01.04.2014 3929

For 3 months of 2014, 10 shopping centers were introduced

Cushman & Wakefield has prepared a final report on the state of the retail real estate market for the period January-March 2014. According to these data, ten new properties were commissioned in the first quarter of this year, which is 40% more than in the same period last year.

Discoveries of new objects were recorded in a number of Russian cities, including: Moscow, St. Petersburg, Murmansk, Orsk, Novokuznetsk, Yekaterinburg, Ivanovo. Thus, the total area of ​​all the projects put into operation amounted to more than 410 thousand square meters. meters. For comparison: in the same period of January-March 2013, only six shopping centers were opened with a total trading area of ​​almost 257 thousand squares.

New retail properties have appeared in the Moscow region. Three complexes began to operate here at once: "Moskvorechye", "Hudson" and "Reutov Park". In addition, the new shopping center Vesna! will open in early April. New phases of existing shopping centers have been launched in St. Petersburg, Yekaterinburg, Murmansk and Ivanovo. Two new players entered the market of Novokuznetsk and Orsk: the technical openings of the complexes have already taken place, but the shopping galleries continue to fill up.

Rental rates and demand from retailers are stable, according to a Cushman & Wakefield report. “However, fluctuations in the exchange rate and the uncertainty of the further positions of the ruble, leads to the need to more carefully study the terms of lease agreements,” the company's experts believe.

Maxim Karbasnikoff, head of the retail real estate department at Cushman & Wakefield, believes that new high-quality shopping centers, which are planned to open during 2014, most likely will not experience problems with occupancy. The specialist explains this by the fact that despite the increased caution of tenants in connection with the volatility of the exchange rate, most of them most likely will not cancel the already planned openings for 2014.

In its first quarter report, Cushman & Wakefield also provides its full-year forecast for more than 2014 new properties with a total sales area of ​​approximately 50 million sq. M. meters.

Cushman & Wakefield has prepared a final report on the state of the retail real estate market for the period January-March 2014.

Latest News

Clarks to cut 150 more jobs

Due to growing losses, the British shoe manufacturer Clarks intends to reduce staff. A reduction of 150 office jobs is planned. Clarks closed 2023 positions in 103, writes...
24.06.2024 118

Expo Riva Schuh attracted more than 9000 visitors

In the Italian Riva del Garda, from June 15 to 18, the 101st exhibition of shoes, bags and accessories Expo Riva Schuh & Gardabags was held. The exhibition featured 1300 exhibitors from 40 countries (80% came from abroad). Event…
23.06.2024 165

Golden Goose postpones IPO

Permira-backed luxury sneaker company Golden Goose has decided to delay its IPO due to political uncertainty in Europe. The start of trading was supposed to take place on June 21, writes...
21.06.2024 405

EKONIKA launched an advertising campaign in support of its new collection

EKONIKA invited fashion influencer, founder of the Komisstore resale platform, fashionista and socialite Oksana Rim to the advertising campaign of its new Premium collection. “The union of strictness and relaxation,” this is how it describes...
21.06.2024 470

Camper x Sunnei created sneakers with symmetrical half-pairs

The Forone sneakers, created in collaboration between the Spanish shoe brand Camper and the Italian fashion brand for men and women Sunnei, are suitable for any…
20.06.2024 519
When you sign up, you will receive weekly news and articles about the shoe business on your e-mail.

To the beginning