The share of empty areas in the Moscow shopping center this year may approach the record

The share of free space in the market of Moscow shopping centers in 2015 reached 8.3%, increasing by 2.3%per year, Vedomosti write with reference to the data of JLL analysts.

According to JLL experts, by the end of 2016, the share of free space in the Moscow market of shopping centers can increase to 10% and approach the record indicator of the II quarter of 2010, when 11% of the premises were empty.

“The predicted increase in the volume of vacant areas in the Moscow Central Center is due to both negative forecasts regarding the development of the retail market and the introduction of a significant number of projects, the implementation of which was started even before the crisis,” comments on the head of the JLL trading space, Tatyana Klyuchinskaya. “For this year, shopping centers have been announced for the total area 460,000 sq.

Rental rates in Moscow shopping centers decreased in the IV quarter of 2015 by 15%. Now the average rental rate in the trading gallery varies in the range of $ 300-1200 a year.

In Russia, in 2015, 1.68 million square meters were introduced in 2015. m of shopping centers. As a result, the market volume reached 19.3 million square meters. m. The main volume of a new offer came into cities with a population of less than 500,000 people (40% input) and Moscow (33%). According to JLL analysts, the entry of retail space in Russia in 2016 will be reduced and amounted to 1.4 million square meters. m.