NEW HEAD OF HIGH STREET RETAIL DEPARTMENT RUSSIA

Moscow, 15 December 2011 – Jones Lang LaSalle is glad to announce a new appointment in High Street retail department of retail agency. Svetlana Yarova, a professional with a unique experience on the retail property market, is appointed as the department’s Head. Prior to joining Jones Lang LaSalle she was working in Astera Group for 8 years.

Svetlana Yarova will be strengthening Jones Lang LaSalle High Street retail department and manage relationship with landlords, tenants and investors.

Maxim Karbasnikoff, European Director, Head of Retail Department, Lang LaSalle Russia and CIS, commented: “In current market situation street retail is becoming an increasingly important real estate segment. Due to a limited supply of shopping centres in 2012-2013, retailers are now searching new high quality space for development within Moscow borders and street retail is one of the options. Jones Lang LaSalle is an expert in High Street retail in key markets, such as Paris, London, Munich, etc. We are now providing the same level of services in Moscow, St.Petersburg and Kiev.”

Svetlana has a longstanding real estate experience. Since 2003 she was working in Astera Group having started from a position of commercial real estate consultant. In 2006-2008 Svetlana was holding the senior positions in company’s planning department, and since June 2008 she was a head of retail agency.

Svetlana’s professional successes include the attracting of retail portfolio holders, as well as shopping centres owners to the company, negotiating retail lease deals with such companies as M.Video, O'STIN, ION Centre, Adidas, Renaissance credit bank, etc. Svetlana Yarova has concluded lease and acquisition deals for more then 200 retail objects in Moscow and regions.

High Street retail is one of the top priorities of Jones Lang LaSalle’s retail agency. In street retail lease and acquisition deals Jones Lang LaSalle represented the biggest companies, such as Sberbank, VTB, Massimo Dutti, etc. In September 2011 one more High Street retail department was created in Jones Lang LaSalle’s St.Petersburg office.