ENKA TC, formerly RamENKA, was established in Moscow as an equal partnership between ENKA and Migros in 1997 to create shopping centers and a supermarket chain in the Russian Federation.

Today ENKA TC owns and operates 10 shopping malls under the “Kapitoly” brand name, 9 of which are located in Moscow and the Moscow Region; the other one is in St. Petersburg with a total area of 442,000 m².

“Kapitoly” shopping malls are homes to more than 900 stores, complete with supermarkets, cinemas, restaurants, health clubs and performance areas. These stores are the world’s top fashion, luxury, electronic, and entertainment brands that satisfy every retail desire. Victoria’s Secret, Auchan, MediaMarkt, Worldclass, Castorama, Mac, Zara, Lacoste, Baldinini, Starbucks, Torro Grill, Loving Hut, IMAX, Karo Film, Mothercare, La Senza, Calvin Klein, Gant, Tommy Hilfiger and Levi’s are some of them. More than 54 million customers visit the shopping malls of ENKA TC annually.

Two of ENKA TC’s most significant shopping mall developments won the Best Shopping Center awards from the Commercial Real Estate (CRE) Committee in the Russian Federation.

Kapitoliy-Sevastopolsky Shopping Mall in Moscow was also awarded the Most Convenient Shopping Center in the SouthWest Administrative District of Moscow by the Municipality of Moscow.

Apart from the stores in shopping centers, the company started renting large scale offices in 2007 by renting offices at the Vernadskogo complex.

Since ENKA TC has a long-term commitment in the Russian commercial real estate market, the company made a decision to redevelop its existing shopping malls.

During the 2nd quarter of 2011, ENKA TC finished the project development phase and commenced the redevelopment of the Kuntsevo Plaza, which had been originally opened in 1997. Within the scope of this project, the existing building, covering 19,400 m² was demolished and a new 245,000 m² modern complex was constructed. This complex consists of a shopping mall, office buildings and a small number of apartment units. By the end of 2014, the construction of the plaza was completed and commenced operation. This investment project features a shopping mall comprising a net rentable area of 61,000 m², an office building with a net rentable area of 29,094 m² and an underground park lot with capacity of 2,028 cars. The Kuntsevo re-development project was presented with several awards:

• The 2012 “Cityscape Future Retail Award in Emerging Markets” at the International Conference for Global Real Estate, which took place in Dubai and at which 36 nominated projects from 13 different countries were showcased
• The “Best Shopping Centre” award of the Russian Council of Shopping Centers (RCSC) in April 2015
• The “Best Retail Architecture Russia”, “Best Retail Development (5 Stars) Russia” and “Best Retail Development Europe” awards at the International Property Awards in 2016
• The “Best Office Complex’ and ‘Best Shopping Complex’ at the ‘100 Best Office and Retail Centers in Russia’ award ceremony held in St. Petersburg in both 2017 and 2018

The Kuntsevo Plaza also became one of the Russian Federation’s 37 certified green investment projects when it received a green building certificate (Green Standard – GOLD) in April 2013

In the fourth quarter of 2015, construction work began on the construction of the new Kashirskaya Shopping Mall, replacing the existing mall, which had been demolished to make way for it. The new building has a total area of 196,750 m² and a leasable area of 70,000 m² . The new shopping mall began operations in March 2018. In spite of its short history, the Kashirskaya Plaza has been honored with several important awards:

• “Best Shopping Centre” among projects at the implementation stage in the “Large Shopping Centers” category at the RCSC Awards in 2018
• Winner of the prestigious international European Property Awards in two nominations at one and the same time (Retail Architecture, Moscow, Russia; Retail Development, Moscow, Russia) in 2018
• “Best Large Shopping Center’ in the Commercial Real Estate Moscow Awards in 2019
• “Best Implemented Project in the Field of Construction of Multifunctional Shopping Centers and Complexes” in the awards ceremony organized by the Department of Urban Policy in 2019
• “Global Best Project” in the Retail / Mixed Use Development Category in ENR’s Global Best Projects Competition