Moscow ceded the province of opportunities for shopping

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Photo: Grigory Sysoev / RIA Novosti

The provision of Moscow residents with quality retail space by September 2018 amounted to 502 square meters per thousand people. According to this indicator, the capital loses from four other Russian cities with population exceeding one million, according to the materials of Knight Frank received on Wednesday, September 12.

According to analysts, the best in Russia provided by the shops of Yekaterinburg, where thousands of townspeople have about 670 square feet of retail space. In second place — Samara (616 square meters), the third — St. Petersburg (528 square meters). Also more opportunities for shopping from residents of Nizhny Novgorod (519 square meters per thousand people).

Within the old borders of Moscow, the most affluent shopping areas are Central, southern and Northern administrative district, it is noted in the provided materials. The poor choice of shops in Eastern and South-Western districts.

In the short term, the structure of the security districts of the capital with retail space will not change significantly, predicts Knight Frank. Substantial growth is expected only in the South of the city due to the opening of trading zones in the Park “Dream Island”.

According to the previously published forecast of Cushman & Wakefield, at the end of 2018 the Russian market will be about 350 thousand square meters of retail space — twice less than the historical minimum 2017.

Video, photo All from Russia.

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