Moscow Retail Figures Q3 2021

12 nov. 2021

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  • In the nine months of 2021, only 23% of the total retail space announced for 2021 has opened.
  • Vacancy rate showing a steady downward trend. The share of available space has been decreasing for a second quarter in a row, from 9.6% in Q2 down to 9% in Q3.
  • Retailers implementing development strategies. Many retailers are reporting stabilized sales.