(MOSCOW) – Hines, the international real estate firm, announced today that Outlet Village Belaya Dacha recently won Best Outlet Center at the 2016 MAPIC Awards, the International Retail Property Market held every November in Cannes, France.
This is the first-ever MAPIC Award for Hines and for Russia. The awards program started in 1996 to honor excellence, innovation and creativity in the retail real estate industry. Hines received their award during a prestigious gala dinner attended by 300 of the most influential professionals in the retail and real estate industries.
Developed by Hines and designed by HYDEA, the most experienced outlet mall architect in Europe, Outlet Village Belaya Dacha was the first outlet mall in Russia. The center opened in 2012 and currently has 155 stores and is 96 percent leased. The center is home to world-renowned brands such as Baldinini, Calvin Klein, Coccinelle, Furla, Lacoste, Michael Kors, Pinko, Twin Set, Tommy Hilfiger and many others. Recent store openings include GUESS, Pandora, Swatch and UGG.
“We are thrilled to win the 2016 MAPIC Award for Best Outlet Center,” said Lee Timmins, CEO of Hines’ Eurasia Region. “Outlet Village Belaya Dacha is more than just a shopping center. Its groundbreaking design and best quality tenants provide customers with the ultimate shopping experience. This award is confirmation that others see the center as we do and we are very proud that Outlet Village Belaya Dacha was selected.”
Hines is a privately owned global real estate investment firm founded in 1957 with a presence in 192 cities in 20 countries. Hines has $93.2 billion of assets under management, including $47.9 billion for which Hines provides fiduciary investment management services, and $45.3 billion for which Hines provides third-party property-level services. The firm has 105 developments currently underway around the world. Historically, Hines has developed, redeveloped or acquired 1,180 properties, totaling over 379 million square feet. The firm’s current property and asset management portfolio includes 483 properties, representing over 199 million square feet. With extensive experience in investments across the risk spectrum and all property types, and a pioneering commitment to sustainability, Hines is one of the largest and most-respected real estate organizations in the world. Visit www.hines.com for more information.