FASHION HOUSE OUTLET CENTRE TO OPEN NOVEMBER 2012

FASHION HOUSE Group announced today that FASHION HOUSE Outlet Centre Moscow is on track for opening in November 2012.

Brendon O’Reilly, Managing Director of FASHIONHOUSE Group ‘This week we started above the ground construction and we look forward to seeing the structure take shape over the coming months. We are ahead of schedule on leasing with some very exciting brands signing up and we are on track for the first handover date for tenants in July 2012 and an opening date of Thursday 22nd November 2012.’

Fashion House Group has just appointed Q-TEC, a leading Russian construction management company, as the general contractor for the project.

Sergey Bezborodov, President, Q-TEC comments: ‘We are experts in Russian construction market and welcome the opportunity to be involved with one of the first outlet centres in Russia. We have an in-depth understanding of the FASHIONHOUSE project and are delighted to be part of the team.’

Brendon adds: ‘Q-TEC has a breadth of experience, a track record of delivering results, a dedication to excellence and a reputation for working in partnership with their clients which is exactly the kind of company we need for this project.’

FASHION HOUSE OutletCentre Moscow will be located 12 km away from Moscow, on Leningradskoe Shosse,near the Sheremetyevo International airport. The site is 38,826 sq m with 28,641 sq m GLA; it will be home to 192outlet units, foodcourt and cafes, 1865 parking spaces and a children’s playarea.

It will be a fully-enclosed outlet centre with an exterior architectural concept exhibiting a “traditional Moscow classic architectural style” and an interior boasting the “Window to Europe” concept: galleries will transport the visitors to the streets of various European cities, including London, Paris, Milan and others.

Brendon explains that FASHION HOUSE Group has received a high level of interest from brands: 'Our leasing team is working with a wide range of brands and we will be announcing more lease signings over the coming months. Brands already signed up include Puma L’Etoile,Lacoste, Calzedonia, Incanto, Econika, Henderson, Ralf Ringer and Intimissimi.'

He adds: ‘For all our centres we aim to provide the right mix of local, European and International designer and sports brands relevant to the marketplace. With the current interest levels we are confident Moscow will have the high caliber tenant list required for a successful outlet venture.’

 

FASHION HOUSE Group is the leading factory outlet developer in CEE and an expert in emerging markets. Their portfolio currently includes the management of three award winning Outlet Centres in Poland as well as centres in Switzerland and Romania. They currently have development projects in Romania, Slovenia, Ukraine and Serbia as well as Moscow and a second Russian site in St. Petersburg.