Welcome speech

Dear participants and visitors of the MALL exhibition!
On behalf of the Consumer Market Development Committee within the Russian Chamber of Commerce and Industry and the members of the Moscow International Business Association, I would like to congratulate you on the occasion of the 5th anniversary exhibition MALL.
For five years, the exhibition has been the major platform for meetings, communication, and presentation of innovative ideas for all participants of the commercial real estate market. Joining professionals, the international MALL exhibition promotes mutual integration, which certainly improves the level of the industry qualitative development, the volume of construction and implementation of the state-of-the-art technologies and architectural solutions.
From year to year, the commercial real estate market develops more and more dynamically, and the MALL exhibition is the best indicator of the efficient growth of this economic sector.
I wish all participants to have constructive communication, build up their business activity, establish long-term partnership relations, and achieve successful implementation of their new projects.

Alexander Borisov,
Member of the Executive Committee,
Chamber of Commerce and Industry of Russia,
Chairman of the Consumer Market Development Committee, CCI of Russia,
Director General of the Moscow International Business Association,
Advisor to the Mayor of Moscow.

On behalf of Russian Council of Shopping Centers - the professional organization uniting players of the trading and entertainment real estate industry on the national level - I would like to welcome all the participants and visitors of 5-th International exhibition "MALL".
By the example of this unique, constantly growing exhibition it is obvious how fast the offer of modern trading areas in all the cities around Russia develops, how much the available technologies and architectural designs improve every single year.
Today, Russian development companies run their business worldwide satisfying higher demands of buyers, on the one hand, and of the network trading companies, on the other hand. This is proved by the great interest of the international investors towards trading real estate units.
It is important that this year we welcome a number of new companies as exhibitors and visitors of the exhibition, as well as information learners. I am sure that here they will find reliable partners and contractors for their projects.
I wish successful cooperation to all the participants of the exhibition: fruitful dialogue, establishment of business relations as well as professional enrichment.

Oleg Voytsekhovskiy
Managing director of Russian Council of Shopping Centers

On behalf of the organizing committee, I gladly welcome the participants and visitors of the 5th International MALL Exhibition.
From the very outset, the exhibition has focused its attention on the market of commercial real estate and remains rigorously faithful to the initially selected concept, presenting the most relevant situation in the shopping center industry.
The year of 2008 has become the anniversary year for the exhibition, and the experience accumulated during 5 years of work is impressive. A continuously high percentage of permanent participants, reliable support by major sponsor companies, informational support by the leading industry and business publications are the achievements which should be continued.
The exhibition will celebrate its fifth anniversary at the exhibition area of over 4,000 sq. m together with the participants of the exposition, informational partners and guests who will visit our exhibition during the days of its work.
Every year, the exhibition is carried out at the height of the business season, when the main market trends gain their strength and show their worth, and all its players have something to present to the business community.
I wish all participants of the exhibition to work fruitfully, establish long-term business contacts and implement their most ambitious projects.

Violetta Reva,
Director General, Mall Events

Dear visitors and exhibitors,
On behalf of the ADG Group, I welcome you to MALL Exhibition. As General Sponsor, we are proud to be associated with such a prestigious event.
The ADG Group is a leading developer in the regional commercial real estate market in Russia and provides full-cycle process management for investment and construction projects in the largest cities in the country. We seek to positively impact the regions through the retail centers, hotel facilities and apartment complexes we develop.
We provide shareholder and investor value by allying with reputable business partners, engaging highly experienced global real estate leaders and maximizing our exceptional local knowledge.
Our resources, professionalism and focus on quality support our expansion goals of increasing the volume of our real estate portfolio to 30 retail projects of 2.5 million sq. m of GBA in 5 years. We forecast annual NOI through combined retail and shopping center projects to over USD 680 million by 2014.
I hope you enjoy MALL and I welcome you to visit our stand G21 to learn more about the exciting developments at ADG Group.

Michael Pecherski
President of ADG Group

Dear Ladies and Gentlemen,
Vester Holding welcomes you at the 5th annual Mall-Expo 2008. We are glad that this year we are acting as official partner of the significant anniversary exhibition. Results of five years organizers’ work are inspiring. Today Mall EXPO is recognized as the one of the most important annual events on the Commercial Real Estate market and gains the confidence of the leading Russian and International companies.
It is not the first time when our company takes part in Mall Expo. Due to this event we met a lot of new partners and shared our experience with great number of business colleagues. This year in frame of the Event, we represent our new project – VestRusDevelopment Company created for development of commercial real estate projects on the area of Russia. Also we would like to share successes and achievements of our retail chain that demonstrates a significant growth since the last Expo.
We hope that this year, anniversary Mall Expo 2008 will be even more interesting and productive than usually and bring a lot of success to organizers and exhibitors. It is our honor to be an official partner of such important for Russian business event. We wish organizers further successful development and great number of new interesting projects and significant achievements to all participants!

Oleg Bolichev,
The Chairman of the Board of Directors Vester Holding.

This year MALL is celebrating its 5th anniversary. It has been the first large-scale retail exhibition on the market. Today its success has been proved by the status of the key retail exhibition in Russia and recognition of the key market players.
For 5 years MALL has been reflecting the market trends, announcing new projects and giving forecasts. «Torgoviy Kvartal» also stood at the birth of the Russian real estate market developing with it and bringing in new ideas. This year we are happy to participate in MALL-2008 again and present our results to the market.
Being interested in the further development of the Russian retail real estate market and trying to support the organizers of the exhibition, «Torgoviy Kvartal» has the pleasure to be a sponsor of the jubilee MALL-2008. On behalf of «Torgoviy Kvartal» let me congratulate the organizers! We wish you every success, more participants and only productive work!

Dmitriy Zotov
General Director of «Torgoviy Kvartal»



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