Podium Market – the new concept department store by PODIUM company - is to be opened at the end
of August 2011. A lease agreement for a 10 year period was signed with the landlord OJSC
“DekMos” in July. The new shop with a total area of 6 600 sq.m will occupy 2 levels – on 2nd
and 3rd floor of Shopping Gallery of Moscow Hotel, situated on Okhotniy Rayd Street, 2. Cushman
& Wakefield represented the landlord – OJSC “DekMos”.
PODIUM is one of the leading luxury retail chains in Russia. Within the 24 stores that the
company operates there are such stores as their flagship store at Novinski Bulvar, multibrand
boutique in Kuznetskiy Most, discount centers “Fabrika Modi”, chain of accessories stores “Pop
Corner” and a chain of jewelry shops “Shkatulka”.
“Our project at Shopping Gallery of Moscow Hotel will be a combination of the best features –
premium brands, size and location in very heart of Moscow. Many brands will be ordered and
delivered to Moscow especially for Podium Market” – comments Alena Ermakova, Head of
Advertising and PR Department at PODIUM.
The Shopping Gallery of Moscow Hotel is the retail element of the multifunctional complex with
Four Seasons hotel, which is planned to be opened in the nearest future in the reconstructed
building of former Hotel Moscow in close proximity to the Kremlin and Red Square. The retail
space of 21 000 sq.m occupies 3 floors. Over 50% of the shopping gallery is leased by
“We continue to work with the Shopping Gallery of Moscow Hotel. Currently we are in the middle
of negotiations with leading retailers, including children goods, fashion and accessories of
the premium segment – says Irina Rachevskaya, Senior Consultant, Retail Services at Cushman
& Wakefield –deals are to be closed in the nearest future. Shopping Gallery Moscow
possesses unique characteristics, especially it’s terrific location, and, despite competition
with nearby retail projects, has considerable retailer demand”.