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The vacancy rate in main Moscow retail corridors approaches a pre-crisis level of 8%

According to JLL, the vacancy rate in main Moscow high street corridors reached 8.4% in Q1 2017, down by 1.2 ppt from Q4 2016 and by 4.1 ppt from Q1 2016. This has extended the decline of the vacancy rate to four quarters. Premises vacated during the recession are gradually filling up, bringing the[…]