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Moscow Retail Real Estate Market Overview. Q3, 2011

Moscow Retail Real Estate Market Overview. Q3, 2011

2 december 2011 

Category: Regular research report
Property type: Retail

pdfcopy_of_2011_3q_kf_moscow_retail_report_eng.pdf
(filesize 1159.86 KB)

MAIN TRENDS


Developers activity in Moscow remained at high level in Q3 2011.
Growth of supply in nine months of 2011 was the lowest since 2003: only 263,000 sq m of modern retail space was brought into operation.
Interest of both developers and retail operators was focused on towns in Moscow Region and dormitory districts in the city.
The vacancy rate at Moscow shopping centres decreased and rental rates increased, partly due to rotation of tenants.