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2019| Russia | St.Petersburg | Street Retail

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At the end of 2019, an increase in the vacancy rate to 8.2% was recorded on the key retail corridors of St. Petersburg due to the withdrawal of some retailers from the market and a decrease in the presence of others. Most of the premises vacated were on Staro-Nevskiy Ave, as a result of which the vacancy rate there increased by more than 10 p.p. over the year: from 3% to 13.7%. Rubinsteina St and Bolshoi Prospect P.S. also saw a growth in the vacancy rate – at the end of 2019, 8.4% and 10% of premises were empty, respectively. Two retail corridors, where the number of vacant premises decreased over the past 12 months were Nevskiy Ave and B. Konnyushennaya St.


2019| Russia | St.Petersburg | Street Retail

Download Report