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Q3 2017 | Russia | St. Petersburg | Retail Market

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The major trend in the development of quality shopping centres in the last year is the incorporation of entertainment zones into retail areas and the redevelopment of existing areas for tenants into single conceptual entertainment zones. Eight diverse entertainment areas have opened in the last year, including specialised sports zones, gaming rooms and family recreation parks. The vacancy rate decreased steadily over Q3 2017 and almost returned to the level of 2014 accounting for 5.7%.

Q3 2017 | Russia | St. Petersburg | Retail Market

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