•8 properties providing around 200,000 sq m of new retail space were completed in Moscow in 2019, a similar figure as in the previous year.

•Rents increased in the top 5 Moscow shopping malls by 4% y-o-y in 2019, corresponding to the level of annual inflation (3.8%).

•The growth of retail sales in Moscow slowed down and amounted to 1.7% y-o-y in 2019 compared to 2,8% y-o-y in 2018.

•17 new international retailers entered Moscow in 2019, a decline of -48% compared to 2018 and -62% compared to 2017. Nine brands opened corners.