JLL appointed marketing agent for new MEGA Family Shopping Centers (RU)

Jones Lang LaSalle has been appointed marketing agent for new MEGA Family Shopping Centers in Ufa and Omsk, Russia, developed by Sweden's IKEA.

The project in Ufa is located in Kirovsky district, along the Ufa-Airport highway, and is characterized by excellent visibility and a large catchment zone. The project in Omsk, one IKEA's newest regional developments, is located at Seyfullina st. 2.

Total investment into each project will amount to RUR 4 billion.

Both projects are being developed along the standard concept used for regional MEGA concepts. A one-story building is raised above ground on columns, allowing for parking space below the building. The shopping centers are built in accordance with highest international quality standards.

Each project's area is 130,000 m². MEGA complexes are characterized by excellent infrastructure typical for all the centers in the chain: strong anchor tenants, including an IKEA store, a hypermarket, a DIY store, a large retail gallery, children playgrounds, a food court, an ice-rink, as well as large parking for 6,000 cars. The construction of the new MEGA Family Shopping Centres in Ufa and Omsk began in spring 2007. Opening is planned for late 2008.

There are currently 10 MEGA Family Shopping Centres in Russia - three in the Moscow region, two near St.Petersburg, and one each in Kazan, Nizhny Novgorod, Yekaterinburg, Novosibirsk and Rostov-on-Don.

The first IKEA store in Russia opened in Moscow region's Khimki in December 2000. The first MEGA shopping center - MEGA Teply Stan - was opened in December 2002. IKEA is planning to open two to three new complexes in Russia and CIS every year.

Jones Lang LaSalle will also be responsible for marketing of existing IKEA projects - MEGA Khimki, MEGA Teply Stan, projects in Nizhny Novgorod, Kazan, Yekaterinburg, Novosibirsk, as well as projects about to open in Rostov-on-Don, Samara and Adygea.

Michael Lange, Chairman of Jones Lang LaSalle, Russia & CIS, commented: "IKEA, the leading retail operator/developer, having completed and being in process of implementing about 10 MEGA family Shopping Centers in Moscow and larger Russian cities, continues its visionary expansion. IKEA is considered to be the largest foreign retail operator and retail developer and we are certain that company will continue their development plans for the foreseeable future, investing multiple in Moscow as well as the wider part of leading and promising Russian cities."

Source: Jones Lang LaSalle

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