With Russia’s economy stagnant, the gap may grow

With Russia’s economy stagnant, the gap may grow. Without counting 21 Kyiv region malls in ‘concept’ stage, Kyiv is to add 550,000 new square meters – a 30% increase from today’s levels — by the end of next year. This would raise Kyiv’s retail saturation to 1.6 people per square meter, about double Moscow’s.