Developers in Moscow are delaying 96% of planned shopping center openings this year, a sharp increase from 54% in 2025. Rising construction costs and reduced demand for retail space are driving the trend.
Approximately 96% of shopping centers scheduled to open in Moscow this year have delayed their launch dates, compared to 54% in the previous year. Developers cite rising construction costs and retailer efforts to reduce leased space as primary factors for the delays.
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