C&W awarded sole agency to lease the largest retail project in Tyumen, Siberia

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The Challenge

MDS Group is the developer of the new shopping and entertainment center which is situated in the growing residential district in the south of Tyumen. The total area of the center is 100 000 sq.m with a GLA of 85 000 sq.m. Cushman & Wakefield is the appointed exclusive leasing agent in spring 2011, with a task from the developer to provide a strong tenant mix of Russian and international brands.

The Solution

Step 1:

Provide advice on the concept of the project including layout development.

Step 2:

Insure strong tenant mix in the fashion gallery and bring leading anchor tenants to the project.

Step 3:

Conduct market analysis, demand study, negotiate conditions to ensure sustainable cash flow.

The Results

In the 4th quarter of 2011 the first anchor deal was signed with the French chain of hypermarkets Auchan for 20 500 sq.m. This will be the first Auchan hypermarket in Tyumen.