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News Release

Kiev - Moscow

Leading American Fashion Brand GAP Enters Ukrainian market

Jones Lang LaSalle Advised on Flagship Store in Ukraine


Kiev - Moscow, 29 April 2011 – Leading American fashion brand Gap will open their first flagship store in Kiev in June 2011. Located at 50 Str. Khreschatyk, Gap will occupy three levels of the property with floor space totaling 1,200 sq m.

Anna Chubotina, Head of Retail in the Ukraine at Jones Lang LaSalle, said: “This deal marks the leading transaction of the year for high street retail in Kiev and emphasizes the recovery of this segment of the market. The entrance of such a well-known international retailer to the Ukrainian market demonstrates the rising interest of international operators. Following on from UK entrants Topshop, New Look and River Island in 2010, the German brand New Yorker and Spanish Oysho (Inditex Group) have opened their first stores in Kiev this year with other well-known retail chains actively monitoring opportunities.”

The official representative of GAP in Ukraine is GAP Ukraine LLC. Jones Lang LaSalle advised the Landlord.


About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2010 global revenue of $2.9 billion, Jones Lang LaSalle serves clients in 60 countries from 750 locations worldwide, including 180 corporate offices. The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 158 million square meters worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with approximately $41 billion of assets under management.
In Russia and CIS Jones Lang LaSalle have offices in Moscow, St. Petersburg and Kiev. Jones Lang LaSalle, Russia was voted Consultant of the Year in 2004, 2006, 2007, 2008, 2009, 2010 and 2011 at the Commercial Real Estate Awards, Moscow and Consultant of the Year at the Commercial Real Estate Awards 2009, St. Petersburg. For further information, please visit our website www.joneslanglasalle.ua