2009 - CRE

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84 North–West: Back in autumn rental rates in St. Petersburg retail premises wereamongthehighestinRussiaandoncentralstreet-retailroutestheyclimbedto unbelievable heights. On Nevsky Prospekttherentalmosttripledforsomepremises from $2,640–$3,360 per sq mperyearinmid2006to$9,000persqmperyearinthethirdquarterof2008,saysRomanEvstratov,retailrealestatedirector at Colliers International SPb. This impetuous growth of prices was causedbyburgeoningdemandforretailpremisesonthepartoflargechaintenantswhoseexpansion pattern implied the openingof flagship stores on Nevsky, Evstratovexplains.Sometenantscouldnolongerendure this race. Thus, Chazhma closeddown its Women Secret, Colours and BeautyandSpringfieldstoresatthecornerofNevskyandMaratUlitsainOctober2008.Insummerthelandlordraisedthe Thecrisiswilldealtheheaviestblowtoluxuryclothesstores. Accordingtoasurvey,72%ofchainsoperatingintheupmarketsegmenthaveceasedtheirexpansionandsomearephasingouttheirbusinesses.Afterrentalratesarefinallylowered,theycanbereplacedbybrandswhichhavelongforsakencentralthoroughfaresbutnowwanttoregaintheirpositions. author: FeodorAnnensky ................... photo: AlexeyPopov Growth Pains Replaced by Breakdown ThecrisishelpedtomakethebluedreamofSt.Petersburgretailerscometrue.Rentalrateswentdownby15–30%attheendoflastyearandthebeginningofthisyearandtheywillgoonfallinginthefuture.Thistrendismostremarkableinstreetretailwherepricesskyrocketedin2008. rates dramatically, explained the company’sspokesman.LastyearevenAdidascloseditsflagshipstoreatthecornerofNevskyandMalayaSadovayaUlitsa.Themanagersofthecompany’sSt.Petersburgrepresentative office complained thatthenewlandlordsharplyraisedtherentandwithdrewtheirmainstoretoBolshoiProspektwheretherentwasnotsobiting.“ThelandlordraisedtherentalrateseveraltimesandwehadnootheroptionbuttoclosedownouroutletonNevsky,”recallsaformeremployeeoftheLavernHousechainofhousekeepinggoods.Therates were going up not just in streetretail: their growth at shopping centerswas not that fast but still appreciable. AsreportedbyColliersInternational,themaximumrateforsupermarketsrosefrom$400/sqm/yearin2005to$590/sqm/year in2008.Fortheentertainmentsegmentitgrewfrom$200to$310andforchildren’sgoods–from$380to$420. Benefittingfromthecrisis Thecrisispresseddowntheratesandthushelpedretailers.AccordingtoarecentsurveydonebytheManagersandDevelopersGuild,theaveragedropofrentalratesinthecityinthelastfivemonthshasbeen26%inrublesor48%inUSdollars.Vacantspacescanbefoundeverywhere,includingthebusieststreetsandshoppingcentersincloseproximitytometrostations.Therotationoftenantsisincreasing.Evstratovpointsoutthatinthefourthquarter of last year the rent on centralretailrouteswentdownby35%to$5,600– $5,800/sqm/year on Nevsky Prospektandto$3,400onBolshoiProspektonthe
#06 (112) / 16–31.03.09 | Personnel | | : St. Petersburg | | Regions | | Listing | 85
Page 1:
Как В погоне в Ново
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4 Содержание/Contents:
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6 Новости: Определи
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Новостикомпаний 8
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Новости: 10 Дмитрий
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12 News: Leasingagreementshave
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14 News: professionalconferences
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16 News: Omar Gadzhiev, managing pa
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Новости регионов: 18
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20 News from the Regions RetailRe
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22 Актуально: По м
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CRE Awards Moscow: М ы-н
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Календарь событи
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Интервью: 28 -Сейча
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30 Interview: There’sacrisis
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32 Тема номера: Прид
Page 34 and 35: Алексей Могила / Alexe
Page 36 and 37: 36 Cover Story: Placedunderpled
Page 38 and 39: 38 Cover Story: Partners.“Compa
Page 40 and 41: 40 Инвестиции: Вбо
Page 42 and 43: 42 Investment: Working in all direc
Page 44 and 45: 44 Управление: В пог
Page 46 and 47: Шарль Буде / Charles Boude
Page 48 and 49: 48 Property Management: 2009will
Page 62 and 63: Денис Колокольни
Page 64 and 65: DenisKolokolnikov, GeneralD
Page 66 and 67: 66 Арх и т ек т у ра и
Page 68 and 69: 68 Architecture &Design: author: Ta
Page 70 and 71: Эрик ван Эгераат / Er
Page 72 and 73: Екатерина Каштанов
Page 74 and 75: Олег Михайловский /
Page 76 and 77: Марк Смит / Mark Smith 76 T
Page 78 and 79: Анна Хрусталева / Ann
Page 80 and 81: Северо-Запад: 80 Раз
Page 82 and 83: Журналист:ФедорА
Page 86 and 87: Roman Evstratov / Роман Евс
Page 88 and 89: Южный регион: 88 Нов
Page 90 and 91: Южный регион: 90 По
Page 92 and 93: 92 South Region: Аuthor: Nadezhda
Page 94 and 95: 94 Южный регион: Вок
Page 96 and 97: 96 South Region: Author: Pavel
Page 98 and 99: 98 Южный регион: Жур
Page 100 and 101: 100 South Region: Author:Natalia
Page 102 and 103: 102 Объекты/Listings: Мет
Page 104 and 105: 104 Объекты/Listings: Мет
Page 106: Проектировщик ПГС
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2009 - CRE

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