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News Release

Moscow

AMMA Development chosen the only exclusive leasing agent of the Avia Park SEC in Moscow


Moscow, 31 March 2014 – AMMA Development announces that JLL is appointed the only exclusive leasing agent of Avia Park, the biggest shopping and entertainment centre in Russia. The scheme is currently under construction and scheduled for opening in Q4 2014.
 
Avia Park SEC with the 225,000 sq m GLA is being constructed in Khodynskoe Pole between two major highways of the capital, namely Leningradsky Avenue and Zvenigorodskoe Highway. In addition to the existing metro stations ‘Dynamo’ and ‘Airport’, ‘Khodynskoe Pole’ station will be opened near the shopping centre, which will provide a significant competitive advantage for the project. The total trade area of Avia Park is projected to encompass over 6.8 million people.
 
Avia Park shopping centre will have four storeys and a two-level parking area. The anchor tenants of the centre will be the Auchan hypermarket (22,500 sq m), the home furniture store Hoff (10,000 sq m), the Debenhams department store (8,400 sq m), the electronics store Media Markt (6,300 sq m), the DIY store OBI (15,000 sq m), the sporting goods hypermarket Decathlon (7,300 sq m), an entertainment centre, and the multiplex cinema Karo Film (10,200 sq m).
 
 
About JLL
JLL (NYSE:JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual revenue of $4.0 billion, JLL operates in 75 countries worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services to a property portfolio of 279 million square meters and completed $99 billion in sales, acquisitions and finance transactions in 2013. Its investment management business, LaSalle Investment Management, has $47.6 billion of real estate assets under management.
In Russia and CIS JLL has offices in Moscow, St. Petersburg and Kiev. JLL, Russia & CIS was voted Consultant of the Year in 2004, 2006, 2007, 2008, 2009, 2010, 2011, 2012 and 2013 at the Commercial Real Estate Awards, Moscow; Consultant of the Year at the Commercial Real Estate Awards 2009, St. Petersburg and The Best Real Estate Consultancy in Ukraine at the Ukrainian Property Awards in 2013. For further information, visit www.jll.ru