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Growth is Expected for Professional Retail Premises


 
26.07.2007

Growth is Expected for Professional Retail Premises


 

The market of retail premises in shopping centres in Kiev can at present absorb 200,000 m2 per year considering the actual growth of the retail market.

The majority of shopping centres are located in the centre of the city. In the next 2 years shopping centres will mainly be built in bedroom communities.

The number of shopping centres per inhabitant in Kiev lags behind the corresponding index in European cities such as Warsaw, Praga and Budapest. Moreover, the existing shopping centres in Kiev also lag behind qualitatively (size, quality, number of operators, etc.) compared to the shopping centres in Europe and Moscow. It follows that professional retail premises have great scope for development in Kiev.

The source: Astera