Russia has delayed the opening for almost one third of shopping centers

Developers have moved the opening 30% of shopping centres in the total volume of construction in Russia. These data are presented in the overview at Cushman & Wakefield.

“At the end of the first half of 2020 opening 30% of the retail objects in Russia was postponed for 2021 and later periods. Until the end of the year, developers will continue to transfer terms of input of objects”, — quotes TASS of the excerpts from the study.

As explained in Cushman & Wakefield, the shift timing of the input in the first half occurred, in particular, due to the suspension of construction due to the spread of coronavirus.

Recall that in early June it became known that more than half of retail chains in Russia are going this year to close some of their stores because of the crisis caused by the pandemic coronavirus infection COVID-19. Such data the newspaper “Izvestia” has provided to large consulting companies, information was confirmed by representatives of retailers and shopping centers (TC).

moreover, pointed out the publication about the possible closure of some talking points and heads of networks of public catering. As a result, by the end of the year is expected to increase vacant space in the shopping center to 10-12%, it can raise prices on most goods — by 4-15%, experts predicted.

However, they suggest, the closing of unprofitable points — a normal practice, therefore, not surprising that in the crisis, this process accelerated.

let’s Add that the Russian economy in February—March 2020 was under the powerful impact of two negative factors — the rapid spread of the pandemic coronavirus infection COVID-19 and its deleterious effect on the global economy and collapse in oil prices. Against this background, the rouble significantly depreciated against the dollar and the Euro. Reacting to the situation, the government and the Bank of Russia adopted several packages of measures to support the economy and citizens.

on may 11, Russian President Vladimir Putin onhave bjewel of completion may 12, a single period of days off, entered March 30, in the fight against COVID-19.

on 2 June Prime Minister Mikhail Mishustin reported on the state on the national plan for the recovery of the Russian economy in 2020-2021 years, noting in particular that the cost of the plan will amount to about 5 trillion roubles. June 19, Putin was sent a revised draft of the national plan.

Stories about how you tried to get help from the Russian state in terms of coronaries and what came of it, email it to