GALS Development : Exclusive Happy Baby Monster and Polkadot Creative Stores Open at CDM on Lubyanka

The Children's Dreamhouse Mall on Lubyanka (owned and developed by Hals-Development) has welcomed new art stores of Russian brands - Moscow's exclusive designer decoration store, Happy Baby Monster, a specialized children's party planner, and Polkadot, a home decoration and accessory store. The new stores opened on the -1floor of the shopping complex.

'It is the rent policy of the CDM on Lubyanka to expand the range of goods and services offered to the customers who work in central Moscow and visit the mall daily during the daytime and in the evening. In the art and hobby supplies segment, we work both with new Russian brands and with large tenants, such as the popular Respublika chain book and gift stores, and Peredvizhnik - a shop offering professional tools and supplies for artists, architects and designers,' commentsLeonid Kaprov, Senior Vice President of Hals-Development.

'We value tenants, whose product offer extends beyond high-quality goods and includes an offer of services for our visitors. Event agencies specializing in children's parties are very popular today, so we have no doubt that Happy Baby Monster and its professional team knowing how to make a child's party special will be a success. The newly opened Polkadot home and gift boutique will surely be popular with those of our customers, who have a refined taste and value individuality and style in interior design,' saysStefan Zeiselmaier, General Director ofECE Russland.

Russia's first flagship Polkadot store offers gifts and home goods in the Scandinavian shabby chic style. The store displays collectible and designer home items, Danish kitchenware from GreenGate and Bloomingville, ceramic and textile goods, designer toys from Maileg, home fragrances from Mathilde and other accessories selected with care and attention to detail.

Happy Baby Monster creates colorful and unique decorations for children's birthday parties and photo shoots, and offers event planning services. All decorations from Happy Baby Monster - balloons, cone hats, flags, garlands with fun animal prints, are created by Russian artists and designers. Professional scriptwriters at Happy Baby Monster will offer concepts for children's parties, select the best decorations to meet the wishes of children and their parents, and skilled decorators will take charge of decorating the venue and providing sweet treats.

About the company:

PJSC Hals-Development is a fast-growing real estate development company that specializes in commercial and residential real estate and controls all stages of a project life cycle, from concept development to further management of finished facilities. The company's principle shareholders are VTB Bank and the Bank of Moscow.

The company is one of the 5 largest real estate developers in Moscow. The total area of the development projects implemented by Hals-Development is 1.6 million sq m. In 2014 and 2015, the company made use of over 200,000 sq m for its projects: the Children's Dreamhouse Mall on Lubyanka, the Kamelia resort complex in Sochi, Literator Elite Residential Quarter and the loft apartment complex in the elite Wine House Quarter in Moscow.

The company's portfolio includes: the LETO Shopping and Entertainment Complex in Saint Petersburg, the SkyLight Business Center, the Danilovsky Fort business center, the Peking Hotel, the development of the Peking Gardens residential quarters, Wine House, Teatralny Dom, Nasledie, Iskra-Park, the development of the 11th area of the International Business Center Moscow-City (IQ-Quarter), and other projects in Moscow and other regions of Russia.

The company's income from sales and rent of real estate in 2014 and 2015 was about 48 billion rubles.