16 April 2010
Author: GVA Sawyer Group - member of international association GVA Worldwide, has been active on the Russian commercial property market since 1993 to provide a full range of services and solutions in development, investment, project management, consulting and brokerage
Against a backdrop of sustained retreat in consumer demand, the shops of low-average price segment become popular tenants in shopping centres. These shopping centres have stable volume due to low check but an increased amount of sales. According to the results of 1Q 2010 the aggregate supply of quality shopping centre’s premises in Moscow market has amounted to 3 448 thousand sq m. (GLA).