ITD Properties has entered the Russian commercial real estate management market.

Now, the company'‎s portfolio includes contracts for integrated management of the Torgovyy Kvartal shopping centre in Domodedovo and common area commercialisation projects in a number of large retail facilities in Moscow and other regions of Russia. ITD Properties plans to widen its pool of managed facilities in the near future, including by entering the office segment of the commercial real estate market.

ITD Properties entered the Russian market in 2014 by acquiring the Torgovyy Kvartal shopping centre in Domodedovo. Facility management has now been added to the asset as a new direction.

Besides Property and Facility Management, the group of companies is also developing itself in Specialty Leasing. ITD Properties manages island retail projects in the Columbus, Shchuka, Vegas Crocus, Vegas Kashirskoe Shosse shopping centres in Moscow, Torgovyy Kvartal in Domodedovo, Krasnyy Kit in Mytishchi, Almaz in Chelyabinsk and others.

«Managing commercial real estate in Russia is a new experience for ITD Properties, however, we have a highly professional team and large-scale projects in our company portfolio», said Inessa Samokhvalova, managing partner at ITD Properties. «The company strategy provides for the development of the business, acquiring assets and managing them, providing management services to third party customers and providing merger and acquisition transactions».

Moreover, ITD properties plans to develop a land bank of the around 80 hectares in Moscow and the surrounding regions that it has gathered as an investor. The fund is also conducting negotiations to acquire a shopping centre in Moscow oblast and a business centre in central Moscow.