Jones Lang LaSalle has announced that its Retail Property Management team has secured an instruction to provide property management services to Torgovyi Dom Na Khodynke, the owner of the Fifth Avenue Shopping and Entertainment Centre which is located in the north-west of Moscow.
Jones Lang LaSalle has announced that its Retail Property Management team has secured an instruction to provide property management services to Torgovyi Dom Na Khodynke, the owner of the Fifth Avenue Shopping and Entertainment Centre which is located in the north-west of Moscow.
Torgovyi Dom Na Khodynke is owned by Immoeast.
Fifth Avenue comprises 43,590-m2 of gross building area. Anchor tenants include Perekriostok, Cite Marilou, Cinema Park. Other key retailers are Lady & Gentleman City, MEXX, Ile de Beaute, Zolla, Henderson, Mothercare and Starbucks.The centre last year celebrated its fifth Anniversary.
This is the company's first assignment in Russia after the recent launch of the service across the CEE region and Turkey in 2009. Currently Jones Lang LaSalle manages more than 320 shopping centres around the world with a total surface area of more than 14 million m2. Istanbul Cevahir Shopping and Entertainment Centre, one of the largest centres of its kind with GLA of 110,000 m2, is among them.
