OREANDA-NEWS. August 25, 2010. Sistema-Hals (HALS), a leading diversified company in the Russian and CIS real estate market, and Apsys, one of the major European companies engaged in development and management of retail real estate assets, announce the signing of the lease agreement with famous international restaurant chain NORDSEE in LETO shopping center (Saint Petersburg).

NORDSEE restaurant has leased 350 sq. m. on the second floor of the shopping center joining restaurants and food court area of SC LETO.

NORDSEE is Europe's largest restaurant chain specializing in fish and seafood ("quick service" concept). The chain was founded in Germany. To-date, NORDSEE has over 400 restaurants all over the world including Germany, Austria, Czech Republic, Rumania, Slovakia, Bulgaria, Hungary, Turkey, Spain and United Arab Emirates.

"We're happy to welcome NORDSEE restaurant chain at LETO shopping center. The fact that the famous international chain opens one of its first restaurants in Russia at LETO shows confident of the tenants' to LETO project and its team. For the last months such popular brands as Carlo Pazolini, Levi's, Swarovski, Gloria Jeans have joined LETO", - Teimuraz Shengelia, Vice-President - Head of Commercial Real Estate of Sistema-Hals commented.

The lease agreements in LETO shopping center have already been signed by such anchors as Auchan hypermarket on 11,600 sq. m., Media Markt for electronics goods on 6,000 sq. m., multiplex Kronverk Cinema on 4,700 sq. m., sport supermarket Decathlon on 4,200 sq. m., H&M on 1,700 sq. m., Inditex (Zara, Pull&Bear, Bershka, Stradivarius) on 3,115 sq. m. Well-known international and Russian brands such as TopShop, TopMan, Miss Selfridge, Lady&Gentleman, New Yorker, Ann Christine, River Island, O'stin, Reserved, Cropptown, House, Mothercare, NEXT, Tatuum, Coyoco, L'Etoile, Colin's, River Island, Smyk, Nokia, Etam, Springfield, Women's Secret, etc. will be presented in LETO.

LETO with approximately 114,000 sq. m. GBA (about 80,000 sq. m. GLA) is located at the intersection of Pulkovskoye shosse and the Ring Road. The center includes a 3,200-lot parking.

Sistema-Hals and Apsys are developing LETO shopping center together. Exclusive marketing and leasing agent for LETO is Apsys Rus, in partnership with Jones Lang LaSalle.