The amount of empty space in shopping centers in U.S. for the first time since 2012 peaked, the report said the real estate company Reis.
The company has analyzed the situation in 77 major cities across the country. As it turned out, the share of vacant space in shopping centers in the second quarter of 2018, with 8.6 percent. (In 2017 and 8.4%). So much the dismal performance was not observed since 2012 (8.7 percent).
The main reason is the outflow of customers in online shopping. The same giant online shopping, Amazon won considerable market share from traditional retailers. Many companies are closing stores or even start the bankruptcy process.
So, went bankrupt a Department store chain Bon-Ton, founded in 1898, closes outlets Sears. At the end of last year, filed for bankruptcy once the leader in toy sales in the country — Toys «R» Us. Recently, on June 29, the company closed all 735 stores in the U.S. and 44 points in Australia.
With the transition of sales to the Internet retail space rent was for many simply unaffordable. According to experts, 25% shopping malls United States will close by 2022.
Despite this, in the II quarter of 2018 rents in shopping centres rose 0.3%. Real estate investment trusts such as Simon, Macerich, GGP, Taubman and Unibail-Rodamco Westfield, is not going to declare themselves bankrupt. On the contrary, they fill the empty places have no shops, restaurants, medical clinics, call centers and gyms.
