AFI Development plc has announced that it has now received a certificate of completion from the City of Moscow authorities for the operation of the AFIMALL City shopping center after which the company is ready to prepare for receiving the exploitation act.
AFIMALL City will be one of the largest retail developments to open in Europe this year, with a total area of nearly 180,000 m², nearly 400 stores and a range of entertainment facilities. Approximately 75% of the area in the Mall have been let and tenants are currently progressing with fit outs. Tenants at AFIMALL City include UNIQLO, AMERICAN EAGLE, Lady & Gentleman, Marks & Spencer, GAP, H&M, ZARA, as well as X5, Russia's largest retail company, and Eldorado, the country's leading consumer electronics retailing group.
Alexander Khaldey, CEO of AFI Development commented: "Receiving a certificate of completion is an important stage at center opening process. This gives us an opportunity to prepare the Mall for the opening and operation. We hope that our project will be the center of attraction for the wide audience as the Mall locates the majority of the flagship stores of the most popular international brands."
Source: AFI Development
