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Meeting Place Neighbourhood Centers Reduce Vacancy Rate to 4% in Q2 2025
July 24, 2025
The management company Meeting Place has summarized the performance of its neighbourhood centers for Q2 of 2025. Despite the challenging economic environment, the chain has demonstrated stable growth in occupancy rates, attracted new tenants, and expanded cooperation with key partners.
In Q2 2025, the management company signed 64 new lease agreements, confirming strong demand for commercial space. The overall occupancy rate reached 96%, a 23% increase compared to the same period in 2024.
The chain welcomed 16 new brands, with a significant share represented by beauty industry players: beauty salons and spa studios. This aligns with the growing trend of premium beauty and self-care services.
The neighbourhood centers expanded package deals with 11 long-term partners, including SuperLenta and DDX Fitness. New lease agreements were also signed with brands such as Burger Bulka, La Poste, C-Store, Sportpitmarket, and Champion gymnastics center, among others.
The chain welcomed 16 new brands, with a significant share represented by beauty industry players: beauty salons and spa studios. This aligns with the growing trend of premium beauty and self-care services.
The neighbourhood centers expanded package deals with 11 long-term partners, including SuperLenta and DDX Fitness. New lease agreements were also signed with brands such as Burger Bulka, La Poste, C-Store, Sportpitmarket, and Champion gymnastics center, among others.
Maxim Karbasnikoff
Director of Property Management at ADG group
‘In Q2, we successfully reduced vacancy rates across the chain. This result was achieved not only through new tenant deals and rapid occupancy of newly launched properties but also through efforts to enhance the appeal of available spaces in long-established centers. We executed six high-quality tenant rotations and completely revamped the concept of A Meeting Place Mars neighbourhood center. These measures increased profitability and brought the vacancy rate down to 4%, which is now below the market average.'
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