Alatyr to reach full capacity in March

‘We have already signed sixty-one rental contracts, which covers 100% of Alatyr Mall shopping area. However, our tenants did not expect us to open the mall on time, so most of them are still unprepared to move in their new stores. Adidas, for example, is not going to start working before New Year,’ head of TEN Development Management Company and project investor Sergey Trofimov announced at a press briefing in Yekaterinburg. The briefing was dedicated to the recent launch of Alatyr Mall.


‘We are planning to open 61% of shops in January; by February, the figure will have risen to 80%, and by March 2010, the mall will finally reach its full capacity,’ Trofimov explained.


The mall also has three floors full of offices, but only a half has been rented so far.


The official opening ceremony of the mall has been scheduled for December 17, 2009.


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