After a long decline in the vacancy rate in Moscow torgtsentrov return to pre-crisis figures 2014-2015: the amount of free space in them due to a decrease in the activity of tenants is growing significantly. Hopes for improvement of the situation in the near future. The dynamics of the output of international brands in Russia shows the historical minimum, while the Russian retail chain shift the terms of the open stores.Observed on the market for four years, the decline in vacancy rates in the Moscow torgtsentrov was replaced by growth. In the first half of the year the average vacancy rate was 5.2%, an increase of 1.1 percentage points (PP) towards the end of last year. Such data in their study lead JLL. In Knight Frank also noticed the figure. According to company estimates, the vacancy rate in quality torgtsentrov Moscow in the first six months was 10%, an increase of 2.9 percentage points compared to the same period last year. This is the most important crisis of 2014-2015. At Knight Frank adds that shopping centers put into operation more than two years ago, is now empty of 5.3% of the premises, but the new objects are freely 14% of the area.The main reason for the growth of vacant steel of morgantow the pandemic COVID-19. The head of research at JLL Vladislav Fadeev said that the dynamics of the increase in the share of vacant space will also influence the commissioning of new facilities in the capital this year 142 thousand sq m of new retail space. Against this background, according to Knight Frank, the base rental rates for anchor tenants shopping gallery operators and in some cases showed a decline to 25%. The maximum cost of renting is now established on the island and can reach 120 thousand rubles. per 1 sq. m a year.Consultants expect the upward trend in the share of vacancy rates in Moscow remain. In JLL predicts that year-end figure will reach 10%. Reasons for the growth in occupancy is really not: according to consultants, during the first six months of 2020 entered the market only seven new retailers. This is four less than in the same period of 2019, and the lowest figure in the entire history of observations.According to Knight Frank, most of them have revised their development plans this year. So, 12Storeez postponed the opening several stores, announced the closing of the brands of Alexander Terekhov and Terekhov Girl. Partner of Colliers International Anna nikandrova expects the vacancy rate on the market by year-end will vary greatly. Thus, in high-quality and sought-after torgtsentrov virtually no vacant premises, while in the problematic objects are empty will be 25-30% of the area.Alexandra Mertsalova
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