Shopping center vacancy rate in Saint Petersburg 2016-2022
Over five percent of property units in shopping centers in Saint Petersburg, Russia, were vacant at the end of the first half of 2022. The vacancy rate was one percentage point higher than the figure recorded over the course of 2021. Furthermore, it was forecast to increase to 10 percent by the end of 2022. Over the observed period, the lowest rate was measured at just above three percent in 2018.