Moscow retail market report h1 2021

H1 2021

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In 1H 2021 the retail market showed a clear willingness to develop and open new stores. The tenants were ready to discuss not only existing projects, but also those under construction, which testifies to their optimism and readiness for long-term planning. It is also important that despite the current restrictions in a number of countries, including Russia, we record the entry of new international brands into the Russian market. In general, companies that have been present on the domestic market for a long time and see potential for development are ready to open new projects in those shopping centers where they are already represented and reached a good turnover, due to which they can increase brand awareness and customer loyalty

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