Scientific & Practical Journal
Editorial News
Dear readers! We present to your attention the final issue of the LOGISTICS journal in 2024. We have tried to make it rich and interesting. Today, many Russian companies operate under strict sanctions restrictions, which force them to reorient logistics flows. One of the possible solutions to this problem may be the Russia – Mongolia – China economic corridor. Details can be found in the article by Alexandra Kazunina.
Dear readers! We present to your attention the 11th issue of the LOGISTICS magazine, where you will find relevant materials and articles. And again, the focus is on international cooperation. An important event in this area was the International Trade Day 2024 Forum, held on November 7, 2024 in Moscow.
Dear readers! The tenth issue of LOGISTICS journal opens with a large article dedicated to the results of the BRICS Business Forum, held on October 18, 2024 in Moscow. Yulia Kislova, Director of Agency Market Guide LLC and publisher of LOGISTICS journal, attended the event and prepared an article where she paid special attention to international trade and logistical connectivity of the countries of the association. The details are in the room.
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All News of Logistics
6 new shopping centers to be delivered in Moscow
- This will reflect the vacancy growth - up to 11.1% by the end of the year -
Moscow, 18 July 2016, - CBRE, global real estate advisor, summarizes H1 2016 results of the Moscow Retail market. According to the report, on the back of new shopping centres completions, average vacancy rate is to increase from the current 9.3% to 11.1% by the end of the year.
6 new shopping centres are expected to be opened by the end of the year. Five of them have a high probability of opening in Q3 2016, including the 2nd phase of Metropolis, Oceania, Khorosho, Butovo Mall and the 2nd phase of Fashion House Outlet. Total rentable area of these new projects is about 300,000 sq m. By the end of the year, the shopping centres completion in Moscow may reach about 400,000 sq m.
Taking into account the dynamics of occupancy level in Moscow Region, when new retail projects are opened with 40-50% vacancy, average vacancy rate is to increase from 9.3% in Q2 2016 to 11.1% by the end of the year.
In H1 2016 the retailer activity remained high. None of the brands left the Moscow market in Q2 2016. 20 new retail chains entered the Moscow market in H1 2016. 15 of them opened first stores in shopping centres. Another 18 new brands announced their plans to enter the market during 2016. Among them are Walt Disney, Presse Café, Lillapois, Cortefiel, and others.
Olesya Dzuba, Director of Research Department CBRE in Russia said:
“On the back of oil price stabilization and ruble strengthening happened in the last several months, shopping centres recorded footfall increase. Nevertheless, the conversion rate of visitor to real purchaser is still low, limiting the pace of retailer sales growth. This in its turn translates into rental rates, which are almost 100% linked to retail sales. Thus, rental rates depend on consumer purchasing power, and their recovery may only start following income growth of population.”
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