Ikea Shopping Centres Russia has lined up UK department store Debenhams for its Mega Belaya Dacha in Moscow. The opening, which is scheduled for September 2012, will mark Debenham's debut in Russia. The announcement follows hard on the heels of a deal with Sweden's H&M to open five further stores at Ikea’s Mega malls across Russia, Håkan Nilsson, head of leasing at Ikea Shopping Centres Russia.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
