Ivanhoe Cambridge makes first mall acquisition in Moscow

Canadian-based shopping centre group Ivanhoe Cambridge has entered the Russian market with the acquisition of the upmarket Vremena Goda shopping centre in Moscow. The centre, opened last November, is located on Kutuzovskiy Prospekt boulevard and comprises 150 retail units over 30,000 m[sup]2[/sup] of lettable space. The list of prestigious international retail tenants include Chanel, Cartier, Lacoste, Hermes, Montblanc and Burberry. The mall also features a V.I.P. cinema complex, a Globus Gourmet epicurean grocery, several restaurants, a department store and a Porsche dealership.

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