More
    HomeRussiaStreets are freed from trade // Rent of street retail objects in...

    Streets are freed from trade // Rent of street retail objects in Moscow becomes cheaper

    Published on

    In the first half of this year, rental rates in the street retail market in Moscow fell to 13% yoy. Most of all, this affected the owners of overvalued real estate and premises on major highways. One of the reasons for this is the reduction by the main tenants of such facilities from among retailers, banks and communication stores of points of sale and branches due to the transfer of a large part of the business online. Experts believe that after the final termination by Western luxury brands of lease agreements for street retail premises on the central shopping streets of the capital, the rates for the segment as a whole will decrease significantly.

    LEAVE A REPLY

    Please enter your comment!
    Please enter your name here

    Latest articles

    Banks stopped accepting dollars and euros through ATMs

    Russian banks have stopped accepting dollars and euros through ATMs, Izvestia found out. ...

    Zelensky warned the EU against a non-European decision on exports from Ukraine

    President of Ukraine Volodymyr Zelensky called the decision on the possible extension of restrictions...

    China warns against turning internet into 'battlefield'

    The Chinese authorities opposed the transformation of the Internet into a battlefield, as well...

    The activist told Izvestia about the mood of the protesters in Israel

    For now, the citizens of Israel are opting for peaceful forms of protest against...

    More like this

    Banks stopped accepting dollars and euros through ATMs

    Russian banks have stopped accepting dollars and euros through ATMs, Izvestia found out. ...

    Zelensky warned the EU against a non-European decision on exports from Ukraine

    President of Ukraine Volodymyr Zelensky called the decision on the possible extension of restrictions...

    China warns against turning internet into 'battlefield'

    The Chinese authorities opposed the transformation of the Internet into a battlefield, as well...