Monday, June 21, 2010

Market of Shopping Centers in the regions of Russia

23 regions of Russia were analysed including Moscow, St. Petersburg, Novosibirsk, Yekaterinburg, Nizhny Novgorod, Samara, Kazan, Omsk, Chelyabinsk, Ufa, Volgograd, Perm, Voronezh, Saratov, Ulyanovsk, Lipetsk, Kirov and others.

At the beginning of 2010 in 22 analysed cities the total space of the shopping centers was about 18.5 million meters. According to experts, in 2010 in 23 Russian cities, as described in the study, about 60 shopping centers will be opened, and their total area will increase by approximately 3 million square meters.

Thus, launch of shopping centers is expected in St. Petersburg - 7, in Voronezh - 5, Omsk, Novosibirsk and Volgograd - 3, Perm, Chelyabinsk, Samara, Yekaterinburg and others - 2.

In 2011, analysts predict a decline in input space with respect to 2009 to the level of 2,3-2,4 million square meters. , and in 2012 they predict growth of not less than 3 million square meters.

Experts estimate that the threshold of saturation in the 500 square meters per 1000 people was by January 1, 2010 bridged only in 14 cities: Kazan, Novosibirsk, Samara, St. Petersburg, Krasnodar, Yekaterinburg, Chelyabinsk and Nizhny Novgorod, Ufa, Rostov-on-Don and Volgograd. In 2010 Moscow, Voronezh and Lipetsk will join this list.

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