It is necessary to create a cookie to remember the choices you have made within our cookie privacy menu as well. For further information on how we process your personal data (cookies) please click on the section "More information about cookies”. Blocking some types of cookies may impact your user experience on our website. For more information on the types of cookies and the possibility to change the default cookies setting, click on the heading of the individual types of cookies. The scope covers the analysis from different perspectives by including owners/developers, designers, consultants, project managers, and contractors that have. Since we do respect your privacy, you can choose to not allow some type of cookies. The information does however not usually directly identify you, but it could provide you with a more personalized and better web experience. These cookies might relate to your information, your preferences or your device. We are using cookies on our website to ensure that you will receive the best experience while using our website. In the short to medium term we will continue to focus on similar projects across Russia, although our longer term objective is to use this experience gained regionally to develop projects in the lucrative Moscow market.” The centre will offer altogether more that 2,000 job opportunities and numerous contracts for local companies and it will also contribute considerable taxes to the local district. We have seen great demand for jobs at the mall. As developers, the PPF name has proved to be a guarantee of reliability and commitment to the region. We were able to benefit from our co-operation with the contractor PSJ and the experience they have gained from operating in the Russian market. While undertaking this research project, the researcher has considered the following. It is not possible to find a similar mall in a city with a population of less than a million anywhere else in Russia so for Ryazan and its surrounding area this is a truly unique project. 34.37 of consumers visit mall for apparels shopping purpose. Tomáš Laštovka, PPF Real Estate Russia Executive Director, said: “Betting on regional projects has been a smart move – from day one public interest has been enormous.
In addition to the shopping and eating facilities, the centre also offers a multiplex cinema, a unique picture theatre with 7D technology and a children’s corner.
#Shopping mall project opjective free#
The centre is situated in an easily accessible location on a crossroads of two trunk roads – the Moscow motorway and the city ring road – and offers 2,500 parking places and a free shuttle bus to and from the city centre. A large part of the work was carried out by Czech companies, including the production capacities of PSJ and its Ekoklima subsidiary.įinancing for the investment of more than EUR 100 million in the project was secured from Česká exportní banka and Exportní garanční a pojišťovací společnost. Work started on this challenging development in December 2009.
PSJ has a number of contracts for industrial, commercial and residential projects in the Russian market. PPF Real Estate Russia, a division of PPF Group, acted as project developer and manager of the development of the M5 Mall shopping and entertainment centre, while Czech company PSJ acted as contractor.