Very experienced player in the Russian regional shopping mall market with well-known tenants and an active pipelineThe Business
The Company is a key player in the Russian commercial real estate market with an extensive range of development projects in regional cities with several malls under active construction and a number of others in planning, concept and design stages. The Company is a full-cycle developer with a focus on the fast-growing retail sector. It is managed by a team of experienced Russian and Western specialists.
The Company has an established list of premium lessees and a portfolio of almost 500,000 square meters of gross leasable area (GLA). Recently, the Company profitably sold a mixed-use center not long after its commission.
Market
Russian consumer markets have been growing at double digit rates and this is expected to continue over the next decade as consumption comes to parity with Central and even Western Europe. There is an acute shortage of quality commercial real estate in Russia’s regions yet in many cities consumer demand is almost the same as cities with population greater than a million. The Company focuses on these cities.
Sector: Real EstateSegment: Shopping MallRegion: RussiaFinancing Size: $50 to $100mContact: Philippe Der Megreditchian
Company: OLMATelephone: +33 6 03 88 30 13Email: [email protected]