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News Release


AVIA PARK, the biggest shopping centre in Europe to be built in Moscow

Moscow, 20 June 2012 – AMMA Development has received GPZU for the new shopping, entertainment and office complex AVIA PARK with a total leasable area of 252,000 sq m.

The core of AVIA PARK is its retail part. This new ambitious project is to become an ultimate shopping destination that offers new quality retail space and shopping experience. With an outstanding mix of fashion, leisure and entertainment tenants, AVIA PARK will introduce to the Muscovites a new format of timing out. The unique landscape of AVIA PARK will recreate a New City Centre concept –  both with an extensive network of streets which lead the visitors from one area to another and a unique pool of anchor tenants (hypermarket, DIY, Sport, W&B) insuring a strong customer flow.

The centre’s central location at the intersection of Leningrasky Prospect and 3rd Ring Road, 5mn drive from the Garden Ring, in one of the most vibrant, diverse and cosmopolitan areas in Moscow, makes it easily accessible to all visitors. AVIA PARK has an exceptional public transport connectivity with two metro stations situated nearby - Dinamo and Aeroport – and the future metro station Khodynskoe pole that is to be opened right in front of the entrance. The unique catchment area is projected to encompass over 5 million people.

Total leasable retail area of AVIA PARK is 236,000 sq m on 4 shopping levels, out of which 128,000 sq m are Anchor Tenants and over 460 stores. AVIA PARK will also feature an entertainment centre, the largest multiplex cinema in Russia, many restaurants and food court, a 2-level parking area with 7,000 parking slots. The magnitude and the location of the project already makes AVIA PARK the targeted projects to many new global tenants.

The office part of AVIA PARK includes two separate buildings of class A, with fully glassed facades and gross leasable area of 8,000 sq m each.

The construction works, performed by Renaissance Construction will start in Q3 2012 with an opening  planned for Q4 2014. Jones Lang LaSalle is appointed an exclusive leasing agent of AVIA PARK.

Along with AVIA PARK AMMA Development is currently developing another project on Moscow’s outskirt, the Reutov Family Mall located in densely populated residential area in Reutov, within walking distance from future metro station Novokosino. Total area of the project is 90,000 sq m, leasable area is 41,000 sq m. Centre's catchment area encompasses over 700,000 people.

Reutov Family Mall will offer 3 shopping levels with more than 140 stores anchored by a 8,000 sq m hypermarket, restaurants, food court, a 6,000 sq m cinema and 2-level parking for 1,100 places. Construction is to start in Q3 2012 with the opening planned for Q3 2013. Jones Lang LaSalle is appointed an exclusive leasing and marketing agent of the project.

Anders Binnmyr, President of AMMA Development, commented: “The design of both AVIA PARK and Reutov Family Mall is the results of our 15 years’ experience and knowledge of the market, combined with the vision of world famous architect Callison. This ensures that both projects, even if very different, will have a long term success.”

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 $47.2 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, 2011 and 2012 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