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Q3 2017 | Russia | St. Petersburg | Street Retail

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Several positive trends appeared in the catering, grocery and premium fashion segments in St. Petersburg’s street retail market in Q3 2017. Together with the emergence of two Moscow BB&Burgers restaurants in St. Petersburg, the expansion of the cafes with gastronomical delight format has started. The tenant structure of major retail corridors remains constant, with cafes and restaurants leading followed by fashion stores in terms of occupied space. The vacancy rate amounted to 6.2% on St. Petersburg’s major retail corridors in Q3 2017.

Q3 2017 | Russia | St. Petersburg | Street Retail

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