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The Only International Cinema Operator in Russia Kronverk Cinema To Open In “Oz Mall” In Krasnodar

December 13, 2010, 13:42 (PX Newswire)

Moscow, 13 December 2010 – “OZ Mall” – developed by AIM Property Development and exclusively being leased by Jones Lang LaSalle – signed a leasing agreement with “Kronverk Cinema”. The expanding list of OZ tenants is boosted with the only international cinema operator in Russia and Ukraine.

OZ movie theater, a 10-plex (5,300 sq m), meets the latest and highest hospitality standards and has high-quality conditions for recreation, including comfortable sofas in auditoriums, exclusive service and lounge areas for VIPs and other distinctive features.

Melih Ozkan, President & CEO at AIM Property Development said: ”Thanks to the experienced and professional management teams’ input, the planned cinema complex in OZ will be one of a kind and for sure have a huge impact in the market with its innovations. Inspired by OZ design concept Kronverk Cinema used the same architecture company as we did, Dyer Group, to create a complimenting and original design to reflect the uniqueness of the mall”.

Alexandra Chirkaeva, Associate Director in Retail Department at Jones Lang LaSalle added: “A contract with such a successful and in every sense advanced chain as Kronverk Cinema perfectly reflects the high interest to the OZ project in the market. The anchor tenants of OZ already include kika (13,400 sq m), OBI (11,400 sq m), O’KEY (12,400 sq m), Decathlon (8,100 sq m), Endlessstory (3,900 sq m), TSUM (9,700 sq m) and many others”.

Adnan Akdemir, CEO of Eurasia Cinemas said: “We are very proud to open a multiplex in OZ Mall. An unique mall, not only with the extraordinary and appealing design and great shop-mix, but also with the professional and co-operative management; we are sure, not only the cinemas, but the whole mall will be a “must be-place”, with the friendly and attractive ambience and high quality of service offered to every visitor. We are looking forward and are really very excited to introduce “Kronverk Cinema” to the people of Krasnodar”.

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About Jones Lang LaSalle

Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2009 global revenue of $2.5 billion, Jones Lang LaSalle serves clients in 60 countries from 750 locations worldwide, including 180 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 149 million square meters worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with approximately $40 billion of assets under management.
In Russia and CIS Jones Lang LaSalle have offices in Moscow, St. Petersburg, Kiev and Almaty. Jones Lang LaSalle, Russia was voted Consultant of the Year in 2004, 2006, 2007, 2008, 2009 and 2010 at the Commercial Real Estate Awards, Moscow and Consultant of the Year at the Commercial Real Estate Awards 2009, St. Petersburg. For further information, please visit our Web site www.joneslanglasalle.ru

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