Following pandemic restrictions and geopolitical turbulence, the number of visitors to shopping malls is increasing. This was reported by “Kommersant”.
This inspires cautious optimism among developers who are starting to implement previously postponed projects. The publication also writes that there is no talk of starting new construction yet.
“There is a gradual increase in consumer activity due to the opening of new stores and the increasing attractiveness of large retail facilities,” says analyst Mikhail Vasiliev.
According to Yandex, the average sales price of commercial real estate in Moscow is 322 thousand rubles per square meter, in St. In St. Petersburg, it rose to 244 thousand.
Tenant activity in the high street retail market is also increasing. Vacancy remains at 10%, and in some places rates reach 10 thousand rubles per square meter. Experts predict that prices will increase further gradually.
The situation is slightly different in the office market; The recession still continues here. Average prices in Moscow are 36 thousand rubles per square meter per year for class A offices and 23 thousand rubles for class B offices. St. In St. Petersburg, similar figures are 1.7 and 1.2 thousand rubles per square meter per month.
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Previously in the USA bankrupt largest coworking space network.