Rates of rent in shopping centers in Moscow and grew up in 2011, 12%

Lease rates in the shopping centers in the Moscow region, on average, grew up in 2011, 12-14%, study says company Knight Frank.

As stated in the report by the end of 2011, to anchor tenant wagers were 100-300 dollars for a "square" in the year without transaction costs and VAT when renting more than 5 thousand square meters of retail space, 250-400 dollars when renting 1.5 -5 thousand square meters, 300-600 dollars-when renting the shop area from 500 up to 1.5 thousand square meters.

For clothing and footwear stores covering an area of 300-500 square meters rent in capital shopping centres is from 600 up to 1.5 thousand dollars, and an area of 100-300 square metres-from 800 up to 2.5 thousand dollars for a "square" in the year, added the report.

Traders selling goods for children, rent premises covering an area of 300-500 square meters in the shopping center is today paying from 400 to 1 thousand dollars for a "square".

More often, according to experts, rental of premises in the SHOPPING MALL is shopping haberdashery, Bijouterie, gifts, jewelry and mobile phones of about 50 square metres-1.8 -4.5 thousands of dollars for "square" in the year without transaction costs and VAT.

"Shortfalls in supply and growing demand for trade operators in the area for the development of rental increases have triggered",-explained in the report.

It points out that in 2011, in Moscow and the region, instead of the planned 15 shopping centers had been opened only seven retail buildings with a total area of 320 thousand square meters, which is an all-time low over the past 10 years.

As a result, at the beginning of 2012, the total supply of modern retail space in Moscow has reached 7.83 million square meters.

The activity of commercial operators throughout 2011, remained high, amid slow growth proposals resulted in a lower proportion of vacant premises by the end of the year to 2.5% is added to the report.

In 2012, experts expect easing of the downward trend in the vacancy of premises and increased rental rates in connection with the plans for a significant amount of new proposals.

In the year 2012, according to the company, in Moscow and Moscow region announced the completion of the 17 shopping centres totalling approximately 960 thousand square metres that closely approaching 2010, and 2011, exceeds the result.

In particular, at the opening of the 2012 year stated big shopping centre within the TTR-"River Mall" with total area 258 thousand square meters.

In addition, this year it is expected commissioning has not previously represented in the Russian market autlet centers Fashion House, "Outlet Village Belaya dacha" and Vnukovo Outlet Village.

Topic: TTR "River Mall", VAT, SHOPPING