2020 | Q3 | Russia | Moscow | Street Retail

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According to the results of Q3 2020, the average vacancy rate on the ninety central streets of Moscow was 8.4%. This level is higher than in Q3 2019 (5.9%). Since the beginning of 2020, the vacancy rate has increased by 2.0 percentage points due to the current restrictive measures during the self-isolation regime, which have affected many businesses. A significant number of food&beverage operators, non-food stores, bank branches and many other retailers were closed. Moreover, the appearance of new, available high-quality premises for retailers of various profiles on the market affected rental rates.



2020 | Q3 | Russia | Moscow | Street Retail

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Stanislav Bibik

Partner

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Stanislav Bibik is a Partner and a Board Member of Colliers International in Russia.

Stanislav has worked in commercial real estate since 2004 advising clients on Russian and international real estate markets. During his work experience, he has acquired a deep knowledge of the property and capital markets and a broad network of contacts among the major players in the industry. Throughout his career, Stanislav has participated in investment transactions with a total value of over $10 billion. In 2007–2008, Stanislav worked in London where he was involved in private equity transactions and corporate finance with a focus on retail markets in the UK and Central and Eastern Europe.

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Prior to joining Colliers, Stanislav worked over 10 years for Cushman & Wakefield, where as a Partner being responsible for capital markets and valuation for the key clients. At the moment of his appointment in 2011 Stanislav was the youngest Partner of Cushman & Wakefield globally.

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Stanislav graduated with distinction from the Moscow Aviation Institute, he holds a master's degree in real estate from the College of Estate Management in the UK, a diploma in business valuation from the Professional Valuation Institute of Financial Academy of the Russian Federation, as well as diplomas from CCIM and MRICS.

In 2019, Stanislav was named Personality of the Year by the prestigious CRE Federal Awards. 
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