Before the current crisis, Moscow companies working in the segment of street retail, have managed to accumulate liquidity. At least in the R4S say that before the beginning of mode isolation the volume of transactions with objects of this format they have increased by 87%. There’s also say the influx of investors from the Russian regions, as well as buyers from Kazakhstan, Azerbaijan and Armenia. Due to the existing regime of self-isolation this segment, as, indeed, the whole commercial real estate market began to experience serious problems. But, according to the observations of the consultants, the demand for premises street retail remained at grocery retailers and pharmacy chains.About 18% of the total volume of transactions in January-April 2020 in Moscow facilities in the market street retail accounted for regional investors, says the R4S company that owns the whole pool of such properties in the capital. There said that among the buyers were also buyers from Kazakhstan, Azerbaijan and Armenia. In Moscow the share of transactions with regional buyers increased and the primary market of housing. According to analysts of the company We Know, if in March the share of such transactions was 10-15%, while in April it increased to 40-45%.R4S in the largest volume of transactions with retail destinations was recorded in March before the start of mode isolation. During this period their number increased by 87% compared to March last year. Overall, from January to April of the current year the volume of investment transactions R4S in the retail segment increased by 12% compared to the same period last year. Meanwhile, the last two weeks of March this year, as previously reported by analysts at CBRE, the demand from potential tenants for the premises of street retail located in the main retail corridors of Moscow, fell by 70%. This is due to the closure of all points of a public catering and non-food retail due to the introduction in Moscow a regime of self-isolation on the background distribution COVID-19. The demand for space for rent expected is preserved at the grocery and pharmacy retail chains.Such a conclusion can be drawn from the message of R4S. There, among the key trends in the current period is the decrease in the average transaction amount. Deals in a small budget of 20 million to 50 million rubles. always put the main volume on the market street retail. Starting in 2014, the average amount of investment transactions in this segment have steadily increased in average by 8% per year. But in the last two months, the company notes, there has been a tendency to reduce the transaction amount by 10-15%. Similar trends were seen in the market crises of 2008 and 2014, add it.Khalil Amine
