For 2018–2022, it is planned to launch 9 shopping centers with a total area of 450 thousand square meters in St. Petersburg, BUYBRAND Inform reports.

The most ambitious projects: «Mega Housewarming» in Lomonosovsky district (127.5 thousand square meters), a shopping mall with an oceanarium in Frunzensky district (93 thousand square meters) and a shopping and entertainment complex «Hollywood» in Primorsky (71 thousand sq. m.).

According to analysts, the activity of developers in the third quarter of 2017 in the retail real estate segment was almost at zero: the volume of commissioning was only 16 thousand square meters. By the end of the third quarter, there were still no new major shopping center projects announced. Experts also reported that the average vacancy rate in the segment at the end of the quarter was 5.5%, since the beginning of the year the indicator has decreased by 2.4 points.

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