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AMMA Development

AMMA Development

AMMA was established in 2007 by a private Russian investor through the recruitment of the management team of IKEA/MEGA Property Russia.

The team has extensive experience of international property development spanning over 30 years.

As board members and top managers of companies such as ABV ROCKGROUP, SKANSKA and IKEA, the AMMA team members have successfully completedprojects in the Middle East, Turkey, Spain, Sweden, Central and Eastern Europe.

During the property crisis in the early 1990s, the team members actively took part in the restructuring of property companies.

In Russia the team developed and managed 12 MEGA shopping centers for a total size exceeding 1 million sq m. of leasable area. MEGA shopping centers are considered to be the best-performing retail schemes in Russia today.

During the course of successful delivery of these developments the team provided the following services:

  • site acquisition
  • design and concept development
  • financial modeling
  • leasing
  • project procurement
  • cost management
  • construction management
  • asset management
  • propertyand facilitymanagement.


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