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Belgian Liebrecht enters Russia with $140m outlet
Fashion House group, part of Belgian-based developer Liebrecht & wooD, has started construction of its $140m outlet centre in Moscow, its first project in Russia, to be followed by a second centre in St. Petersburg. The first 16,000 sq.m. phase of the centre, financed by an L&w fund, is 65% leased. Fashion House Moscow is located near Sheremetyevo airport.