OREANDA-NEWS  According to the results of the first nine months of 2024, the commissioning of new retail space in Moscow more than doubled compared to the same period in 2023 and amounted to more than 80 thousand square meters. This is reported by TASS with reference to data from analysts of the consulting company CORE.XP.

We are talking about commercial areas consisting of six metropolitan shopping centers (shopping malls), experts said. For comparison, in January-September 2023, the figure was 37.6 thousand square meters. Thus, in 12 months, the total area of new outdoor areas in Moscow shopping centers has increased by more than 42.4 thousand square meters.

According to analysts, the average area of retail facilities opened in 2024 in the capital, suitable for rental, this year amounted to 13.2 thousand square meters. At the same time, according to the results of 12 months, a total of 185.1 thousand square meters of new retail space can be opened in Moscow. The result of 2024 may exceed the indicator of 2023 by five times, experts concluded.

The increase in the commissioning of retail space in Moscow is taking place against the background of an increase in the share of empty commercial premises. At the same time, the latter indicator has been growing for several years. So, in January-November 2022, the share of idle space in the largest Russian shopping centers increased from 9 to 12 percent. As for Moscow, the share of empty premises in the capital's shopping malls reached a record 14.5 percent in the first half of 2023. Experts attribute this dynamic primarily to the departure of a number of Western brands from Russia.