Cushman & Wakefield appointed exclusive consultant for the sale of shopping and office center “Gallery Actor”

18 Apr, 2012, Moscow

Cushman & Wakefield, the world’s largest privately-held commercial real estate services firm, today announced that it won the exclusive mandate for the disposition of a shopping and office center in the center of Moscow known as Gallery Actor. Cushman & Wakefield will be responsible for advising the vendor on the disposition and related strategy. Gallery Actor is an iconic, landmark building in Moscow and is a trophy asset from both a Russian and international perspective.

Gallery Actor, located on Tverskaya street, was build in 1882. In 1995 the building was renovated with an extension of office accommodation. The total area of the building is 18 000 sq.m with 5 800 sq.m of shopping and 12 200 sq.m of office space. The shopping and office zones have separate entrances and exits. The building is leased to international and Russian tenants/brands.

Gallery Actor has great visibility and a unique location on the main and most prestigious shopping street of Moscow - Tverskaya Street. The building is situated next to three metro-stations: Tverskaya, Pushkinskaya and Chekhovskaya.

Cushman & Wakefield’s team, responsible for deal execution and structuring, includes Stanislav Bibik and Sayan Tsyrenov from Capital Markets and Mikhail Mindlin from Office Sales and Acquisitions.

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