The Russian Fashion Retail Market - Igedo Company
The Russian Fashion Retail Market - Igedo Company
The Russian Fashion Retail Market - Igedo Company
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the end of August 2010 the developer reported a lease contract overage of 80 per<br />
cent of the disposable retail area.<br />
4.6. St. Petersburg in second place of shopping mall implementation in Europe<br />
August 18, 2010, malls.ru<br />
At the end of this year St. Petersburg will reach the second highest level of square<br />
meters provided by shopping centers in the whole of Europe. This was reported by<br />
the <strong>Russian</strong> news agency Infoline. Whereas at present the total area of shopping<br />
centers in St. Petersburg comprised 1,302 mn. square meters, the openings of the<br />
new shopping and entertainment centers GALLERY, SUMMER and STOCKMANN<br />
NEVSKY CENTER will add some 500.000 square meters providing a total of 1,8 mn<br />
square meters. Moscow holds 2,648 mn square meters and the capital will soon<br />
reach 3 mn square meters, the largest accumulation in Europe. St. Petersburg is<br />
to surpass cities like Stockholm (1,344 mn square meters) or Berlin (1,466 mn<br />
square meters). <strong>The</strong> top ten in Europe further includes Milan, Barcelona, Warsaw,<br />
London, Rome and Prague.<br />
Stuttgart/ Düsseldorf/Moscow<br />
September 29, 2010<br />
12
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