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News Release

Moscow

home&you opens its first store in the South of Russia

The well-known international chain of furnishing and home accessories is a new tenant in OZ Mall


Krasnodar-Moscow, 12 March 2012 – home&you, the retailer never presented in the South of Russia before, opens its first store in the superregional shopping and entertainment centre OZ Mall in Krasnodar. home&you will supplement the middle price segment of Russian furnishing and home accessories market which is represented now insufficiently and consists of few brands only.

home&you store will occupy 380 sq m on the first floor of OZ Mall.

home&you is the brand of Polish company LPP that successfully develops in Russia such retail chains as Reserved, Mohito, Cropp Town and House. home&you offers wide selection of accessories, original fabrics and interior design items for decoration of the living rooms, kitchens and dining rooms, bedrooms and bathrooms. Products are divided into collections that differ in style, in this way every customer will find something to suit their taste. At the moment home&you has two stores in Russia in Kaliningrad.

Zenon Iwaszkiewicz, Managing Director, RE Trading (LPP subsidiary in Russia), said: “We chose Krasnodar for opening our first store because it is the one of the most attractive regions for investment. Its residents have high income level, tend to follow recent fashion trends and prefer stylish look and atmosphere. Moreover, OZ Mall is a unique project not only for Krasnodar region but for the whole Russia. It will greatly distinguish itself from other Russian shopping centers not only because of its outstanding design and wide variety of shopping opportunities but also due to the strongest tenant pool.

Alexandra Chirkaeva, Associate Director, Retail Agency, Jones Lang LaSalle, Russia&CIS commented: “OZ Mall continues to welcome well-known and reliable tenants; some of them are just entering Russian market. At the moment Russian furnishing and home accessories market is generally represented by premium class brands. Meanwhile there is a significant lack of middle price retailers such as Zara Home, IKEA and Stockmann offering wide choice of quality goods and affordable prices. Therefore home&you concept completely meets this increasing demand and opening of the chain’s store in OZ Mall confirms the exceptional quality and potential of the project that is already at the point of launching.”

Superregional shopping & entertainment centre OZ Mall in Krasnodar is one of the biggest in Europe. Its total area is 227,000 sq m, leasable area is 164,000 sq m. Among OZ Mall’s tenants are Moscow TSUM, M.Video, Eldorado and H&M. More than 250 stores will be opened in OZ Mall. The entertainment component is presented by 11-screen Kronverk cinema, bowling center, the unique interactive entertainment park for children Minopolis and Mega Ice skating rink. Several anchor tenants have already started their work in OZ Mall - OBI, Hoff, O’KEY and Decathlon.

The launching of OZ Mall is planned for April 2012. Project’s developer and investor is AIM Property Development, Dyer company is an architect. The centre’s exclusive leasing and marketing agent is Jones Lang LaSalle.

About Jones Lang LaSalle

Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2011 global revenue of $3.6 billion, Jones Lang LaSalle serves clients in 70 countries from 1,000 locations worldwide, including 200 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 195 million square meters worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with $47.7 billion of assets under management.

In Russia and CIS Jones Lang LaSalle have offices in Moscow, St. Petersburg, Kiev and Almaty. Jones Lang LaSalle, Russia was voted Consultant of the Year in 2004, 2006, 2007, 2008, 2009, 2010 and 2011 at the Commercial Real Estate Awards, Moscow and Consultant of the Year at the Commercial Real Estate Awards 2009, St. Petersburg.
For further information, please visit our website www.joneslanglasalle.ru

About home&you

home&you is a chain of nearly 60 stores offering a wide range of interior decoration accessories and textiles. home&you was launched in 2006 and since then continues to be the most dynamically developing brand on the market currently represented by stores in Poland, Estonia, Russia and Ukraine. home&you products millions of living rooms, kitchens, bathrooms and bedrooms acquire a truly unique character. For further information, please visit website http://home-you.com/