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Date: a month ago   Category: Realty

In Moscow and St. Petersburg the share of free rooms of the street retail increases


Catering establishments, on the second place grocery stores, on the third beauty shops of the Photo remain the most active tenants of the areas of the street retail: Sergey grows at Fadeichev/TASS In Moscow and St. Petersburg a share of free rooms of the street retail. The Vakantnost of rooms of the street retail in the capital following the results of the I quarter reached 6%, Kommersant with reference to data of Colliers International reports. The highest level of a vakantnost is now noted on the Boulevard ring where nearly 8% of rooms while the areas on the central shopping and pedestrian streets are filled far quicker are empty. The sharpest reduction of number of free rooms following the results of the I quarter was shown by Stoleshnikov Lane: now there 5.5% of the areas against 9% are empty the previous year. After restrictions of the parking and reconstruction of the downtown, according to Knight Frank, demand for rooms on the Garden Ring strongly suffered, now it is slowly restored. The situation is commented by the area director of the street retail of the Knight Frank company Victoria Kamlyuk. Victoria Kamlyuk the area director of the street retail of Knight Frank "The maximum decrease, almost for 5%, is noted on the Garden Ring, at the same time the share of vacancies on pedestrian streets was reduced by 3.8%, to 2%. The share of vacant space in the rooms of the street retail located on five largest avenues of Moscow — Lenin, Mira, Kutuzovsky, Komsomol, Leningrad — reached 13.4% of the total amount of the trade real estate on these squares. This absolutely seasonal phenomenon, and any sharp jumps towards increase or reduction of vacancies we do not observe. All Moscow was divided into segments initially, historically. After the My Street program it broke into smaller subsegments, and it is even necessary to speak not about streets, and about pieces of streets because everything depends on what is the intersection, what subway, what side of the house where the crosswalk on these highways and where there are so-called "ant" human tracks which say that there presence of people is enough in order that the street retail felt well and where it is not enough". Catering establishments remain the most active tenants of rooms of the street retail: restaurants, bars and coffee shops. 42% of transactions in this segment fall to their share. On the second place grocery stores (15%), on the third beauty shops (14%), with twice smaller indicator follow them clothing stores and footwear. Now there is a rearrangement of the street retail. At the same time earlier popular streets, such as Tver, Boulevard and the Garden Ring, for some moment lost the appeal, in particular because of absence or too expensive parkings in the downtown. But their places are taken by new tenants, and annual rates are still high, the managing partner of the Webster company Konstantin Kovalyov says. Konstantin Kovalyov the managing partner of the Webster company "If the most part from vacant rooms five-six years ago in Moscow in the street retail

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