Dear readers! We present to your attention the third issue of the LOGISTICS journal for 2025. Our editorial staff, like all our colleagues, is preparing for the TransRussia 2025 exhibition, the largest event in the industry. In this issue, we have prepared an interview with Natalia Lomunova, Director of TransRussia, with whom we are talking about a flexible approach, new participants and digital services. We continue the series of articles from P.V.
Dear readers! We present to your attention the first issue of the LOGISTICS journal in 2025. First of all, we would like to draw readers' attention to our new partner R1 Development, a development company that creates a new generation environment and specializes in the construction of industrial, logistics, commercial and residential real estate. One of the projects of R1 Development is the Druzhba industrial park network.
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.
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
 |
- Only 195,000 sq m of new retail space could be delivered in Moscow by the end of 2017 –
-
Vacancy could reach a record 8.5% by the end of the year -
CBRE, global real estate advisor, summarizes H1 2017 results of the Moscow Retail market. According to the report, due to a decline in delivery volume by 58% compared to the previous year, average vacancy rate may decline to a record low 8.5% by the end of 2017.
Q2 2017 key Moscow Retail market indicators
|
Q2 2017 |
Q1 2017 |
2017 F |
|
|
Total stock, ‘000 sq m |
5,733 |
5,733 |
5,928 |
|
Completions, ‘000 sq m |
0 |
0 |
195 |
|
Vacancy rate in SCs, % |
9.5 |
8.8 |
8.5 |
|
Prime yield, % |
10.25 |
10.00 |
10.00 |
Source: CBRE, Q2 2017
5 new shopping centres are expected to be opened by the end of the year. Three of them have a high probability of opening in Q3 2017, including VTB Arena Park, Vegas Kuntsevo, Zhulebino, Galeon and Vidnoye Retail Park. By the end of the year, the shopping centres completion in Moscow may reach just 195,000 sq m.
A drop in vacancy level caused by zero delivery in H1 2017 is observed in both older projects and those delivered amidst the crisis in 2014-2016. The average vacancy level in shopping centres of 2014-15 decreased from 27% to 13% over the last two years, and in projects delivered in 2016 – from 38% to 17% over the last 12 months.
In H1 2017 the retailer activity remained high. 23 new retail chains entered the Moscow market in H1 2017, 33% of which were from clothes and shoes segments. Eataly, Jura, Clarins SPA, Huawei, Meizu, Plein Sport and others entered the market in Q2 2017. Another 15 new brands announced their plans to enter the market during 2017. Among them are Disney Store, Mauboussin, Aiim, Tresophi, and others.
Marina Malakhatko, Director of CBRE Moscow Retail, said:
“Bad weather affected performance of fashion retailers in the first half of the year. They didn’t manage to sell summer collections before the start of sales in June and July, which is why the majority of retailers had to reconsider their development plans. Rental rates still very much depend on a quality of a project, so they technically increase due to low delivery volume.”
 |
 |
