Meeting Place Delivers Strong Q3 2026: Retail Turnover Up 19%, Foot Traffic Up 12%, NOI Up 35%

October 29, 2026

Mesto Vstrechi (Meeting Place) Management Company has released its operational results for the third quarter of 2026. Combined retail turnover across the chain of Meeting Place neighbourhood centers rose by 19% year-over-year, while foot traffic increased by 12%. Net operating income (NOI) grew by 35%, and the portfolio vacancy rate stood at 3%.

During the quarter, the company signed 28 new lease agreements and renewed contracts with 46 existing tenants. The network expanded its collaboration through package deals with partners. The 10th TASTY. THAT’S IT. restaurant opened. FAMILIA launched two new stores, bringing its total to 8. A second Sber branch also began operating at one of the neighbourhood centers.

With the opening of a Moscow Sport fitness facility at A Meeting Place Patriot and the first Mosbilliard club at A Meeting Place Orion, the area leased by leisure and sports tenants increased by almost 4,500 sq. m.

Sofia Trofimova

Commercial Real Estate Director at the Meeting Place Management Company

"Throughout the first three quarters of 2026, our chain of neighbourhood centers has demonstrated sustained growth in operating performance. This was achieved through expanded cooperation with anchor tenants, the development of leisure services, and continued efforts to optimize operating costs. In the fourth quarter, we will focus on growth opportunities: negotiations with new brands and categories, as well as New Year events that give guests more reasons to return again and again — while continuing to automate and streamline processes to enhance the network’s investment appeal."