Thus, Russia has maintained its position of the largest market of shopping centers in the Central and Eastern Europe, the analysts note. By the end of 2017, according to developer’s announced plans, a total volume of shopping centers in the country might increase by 2,3 million square meters more.
However, according to Cushman & Wakefield’s forecasts, if delay of construction time is taken in consideration, no more than a half of the announced spaces will be put in operations.