Okhta Mall is developed by Finnish SRV Group together with Finnish investment fund Russia Invest. Total investment is EUR 250 mln. Okhta Mall is the first phase of mixed-use centre Okhta City with GBA 400 ths sqm. The project is located in the square of Yakornaya, Magnitogorskaya streets and Shaumyana and Metallistov prospects within 10 minutes driving distance from the city centre. Modern Scandinavian design of Okhta Mall was developed by Finnish architectural bureau L Architects Ltd. The concept of the project presumes green development standards implementation and LEED Gold certificate acquiring.
Once put in operation in spring 2016 the GBA of Okhta Mall will be 144 ths sqm with GLA of 76 ths. The project presumes outside parking for more than 1 ths lots and 2 underground levels with 780 parking lots and food hypermarket, as well as 4 above-ground floors with 250 units of popular Russian and international retailers. The tenant-mix includes huge department stores of clothes and shoes, goods for children and sports, entertaining zone with cinema, more than 20 restaurants and food court units.
SRV is a Finnish real estate developer providing end-to-end solutions including development, investment planning, design, construction, management and commercialization of large shopping centers, business centers, hotels, logistics centers and housing schemes. SRV operates successfully in Finland, Russia and the Baltic States since 1987. SRV’s focus in Russia is a construction and development of commercial real estate. Stocks of SRV Group Plc are listed on Helsinki Stock Exchange since 2007.
Co-investor of the key SRV's project in Russia Finnish investment fund Russia Invest was founded for real estate developing in the region. Russia Invest holds 55% of Okhta Mall project. Shareholders are Ilmarinen, Sponda and SRV (27% each) as well as Etera (13%) an Onvest (6%)
L Architects Ltd is one of Finland´s largest architectural companies. It oﬀers expertise on all aspects of construction architecture and design from residential apartments to business campuses and shopping centers in Finland, Russia and the Baltic States. This company is the only architectural company in Finland that provides LEED and BREEAM certifi cation services in order to achieve the most up-to-date standards in sustainable real estate design.
Jones Lang LaSalle (NYSE:JLL) company providing financial and comprehensive professional services in real estate. With annual revenue of $3.9 billion, the company operates in 70 countries in more than 1,000 cities worldwide.