Regiony Group, the developer behind Moscow’s “Ostrov Mechty” theme park, built June Mytishchi at the entrance to Mytishchi on the intersection of Mira and Borisovka streets, with interior design by British firm Chapman Taylor built around four national themes: England, France, Italy and the United States. The property’s total built area runs to roughly 175,000-178,000 sqm, though leasable retail space specifically is smaller; it draws shoppers not just from Mytishchi but from neighboring Korolyov, Pushkino and parts of Moscow itself, served by more than 11 city bus routes.
O’KEY anchors the grocery floor, with Detsky Mir carrying children’s goods and DNS carrying electronics. Henderson, Incity, Zarina and Love Republic anchor the fashion floor, alongside Colin’s; Hoff carries home goods, while SOKOLOV runs a jewelry counter. Several Western brands present in the property’s historical tenant records, including Zara Home and Samsung’s own retail stores, have exited the Russian market since 2022, and Pandora’s Russian operations have been restructured under a separate franchise arrangement rather than continuing as direct company-owned stores.
Regiony Group’s finances collapsed under debt, and in May 2021 Sberbank Capital acquired the holding companies controlling June Mytishchi along with four sister June properties in St. Petersburg, Cherepovets, Ufa and Krasnoyarsk. Sberbank attempted to auction June Mytishchi specifically in December 2022, seeking 5.89 billion rubles for the property, but the sale drew no bids, a fate shared by the other June properties offered at the same time.
As of November 2025, Sberbank was moving to formally bankrupt “Regiony-Finance,” the holding entity still controlling the Mytishchi and Cherepovets properties, suggesting the bank continues to hold the asset rather than having found a buyer in the years since its failed 2022 auctions.
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