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Analysts named the percentage of obsolete shopping centers in Russia

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Photo: IZVESTIA/Sergei Konkov
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In the European part of the Russian Federation 72.5% of shopping centers have been in operation for more than 10 years, 43.6% - for more than 15 years. At the same time, the expansion of the stock of leasable premises has sharply slowed down. This conclusion was reached by the analysts of Management Company "SAMPA", who conducted a study of trade infrastructure. In it they note that the problem of obsolescence of trade infrastructure - both engineering and technological and moral - is becoming more and more acute every year.

The issue of renewal of the existing retail network is most acute in Kazan, Vladimir, Ryazan, Kaliningrad, Rostov-on-Don, Penza, Stavropol, Ivanovo and Cheboksary. In each of these cities from 50 to 65% of the supply is held by complexes operated for more than 15 years. Comparable proportions are also typical for Orel (48.6%) and Yaroslavl (48.3%). It is noteworthy that in Cheboksary, Ryazan and Vladimir more than 30% of the fund is still covered by buildings that are 20+ years old.

The most favorable situation is observed in Arkhangelsk. There, projects launched in 2014-2018 occupy 68.0% in the local supply structure. Over the last 10 years the retail infrastructure has been renewed by 50-60% in Yoshkar-Ola, Kursk, Murmansk, Kirov, Saransk and Tula.

In total, there are 865 shopping centers in the European part of the Russian Federation (excluding Moscow, St. Petersburg and adjacent regions). Their total area is estimated by analysts at 22.0 mln. sq. m. At the same time, 14.5 mln. sq. m. of real estate is available for lease.

Samara (1.13 mln sq. m.), Nizhny Novgorod (1.01 mln sq. m.) and Krasnodar (1.00 mln sq. m.) are the leaders in terms of supply. Kazan, Rostov-on-Don, Voronezh, Kursk, Ivanovo and Yaroslavl passed the 0.5 mln sq. m. mark. Another eight regional centers have from 300 to 500 thousand sq. m. of quality retail space, 11 - from 200 to 300 thousand sq. m., and the same number - from 100 to 200 thousand sq. m. In eight regional centers the retail industry has not yet reached 100 thousand sq. m. of leasable space. Almost all of them are located in the North Caucasus (the only exception is Naryan-Mar).

Over the last five years the supply of quality lots to the regional markets has almost stopped. According to SAMPA Management Company, 69 openings have been registered from 2019 to 2024. The newest complexes contain 0.9 million square meters of leasable space (6.2% of gross) - down 3.4 times from the previous five-year period and 5.5 times from 2009-2013.

Only 28 out of 47 cities expanded their project pool. Kirov, Nizhny Novgorod, Kazan, Kaliningrad, Krasnodar and Grozny received 50+ thousand sq. m. each. In addition to them, the top 10 included Yaroslavl, Voronezh, Pskov, Murmansk, where the area of fresh supply is measured at 30-40 thousand square meters. m. In total, these ten cities account for almost three quarters (72.9%) of all additions.

In November 2024, the court banned the use of the premises of the Grand shopping center in Vladivostok, which, after a comprehensive reconstruction in 2003-2004, was operating without documents authorizing its operation. According to the documents, the facility was listed as not commissioned, which indicates that the building did not comply with safety requirements.

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