November 30, 2024
Economy

In Russia, a thousand malls are on the verge of bankruptcy: the reason

In the Russian Federation, the owners of thousands of shopping centers may find themselves on the verge of bankruptcy due to an increase in the key rate of the Central Bank to 21%.”, — write: epravda.com.ua

In the Russian Federation, the owners of thousands of shopping centers may find themselves on the verge of bankruptcy due to an increase in the key rate of the Central Bank to 21%. This is reported by Kommersant. According to the vice president of the Russian Union of Shopping Centers, Pavel Lyulin, after the rate increase to 21%, banks began to send messages to clients about a significant increase in the value of already issued loans. The situation is complicated by the mass departure of tenants and a significant increase in taxes, which creates serious financial risks for the owners of about a thousand shopping centers.Advertisement: According to the Russian Sberbank, it has 1.7 trillion rubles of commercial real estate as collateral, half of which is retail space. objects Most of these objects have loans with a floating rate, which increases the financial pressure on their owners. Advertisement: We will remind: the Central Bank of Russia decided to raise the key rate immediately by 2 percentage points – to a record 21% per annum. The recent fall in the ruble is increasing pressure on the Bank of Russia, forcing it to raise its key rate – perhaps the most since the beginning of the war in Ukraine.

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