Cushman & Wakefield/Stiles & Riabokobylko Appointed

8 Oct, 2008, Moscow

Exclusive Agents For The Sale Of Altek Business Park Project

Cushman & Wakefield Stiles & Riabokobylko (C&W/S&R), the Russian office of the world’s largest privately held real-estate services firm, has been retained by Segment LLP as the exclusive agents for the sale of the Altek Business Park construction project in Moscow, Russia.

Altek Business Park will be a Class A business park with a total area of 116,698 sq.m and will be located in the South-West of Moscow, 3 km from the MKAD (Moscow Ring Road) on the Kaluzhskoye Motorway. The project will consist of 8 office buildings with underground parking and sports facilities.

Project information:

Construction dates – Q2 2009 – Q2 2011;
Total area of site – 51, 540 sq.m (freehold);
Total area of complex – 116, 698 sq.m;
Area of sports facilities – 8, 076 sq. m.;
Surface parking for 422 cars;
Underground parking for 656 cars.

According to Alexander Avdeev, the General Director of Segment LLP, “Altek Business Park is a fantastic opportunity for investors to acquire a first-rate project with a full set construction permits.”

Mikhail Mindlin, the Director of Sales and Acquisitions at C&W/S&R’s Office Agency commented that: “Altek Business Park will be a contemporary Class A business park in a prestigious and ecologically clean area only 3 km away from Moscow. Once completed, the business park will offer a developed infrastructure with a comfortable and efficient office complex, complete with shopping and a fitness center. All these factors make Altek a unique investment opportunity for companies looking to invest in a quality project that will be popular with tenants.”

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