Moscow appointed on 130,000 sq m business park

20 Oct, 2005, Moscow

Cushman & Wakefield Healey & Baker's Russian office, Cushman & Wakefield Stiles & Riabokobylko (C&W/S&R), has been appointed as exclusive marketing and letting agent for Greenwood Business Park in Moscow.

The foundation ceremony to mark the official start of construction works of the scheme was held on 10 October. The ceremony was attended by Boris Gromov, the Governor of the Moscow Region, Boris Rasskazov, Head of the district of Krasnogorsky, Vladimir Zemtzov, President of ZAO International Consulting Centre, the developer of the project, and Sergey Riabokobylko, Senior Executive Director of C&W/S&R.

Greenwood Business Park will create a total of 130,000 sq m of office space. It is located close to the MKAD (Moscow Ring Road), between Leningradskoye and Volokolamskoye shosse.

Tenants are offered six different types of buildings, offering office space of 3,500 sq m to 13,500 sq m. The scheme includes ten six-storey office buildings and three three-storey office buildings. On-site infrastructure will include a business centre with conference halls, retail, including a bank and travel agency, and restaurants and cafes, as well as an apartment complex with underground parking. The first phase of 75,000 sq m of offices is expected to be delivered in spring 2007.

Alisa Zotimova, lead consultant of the Greenwood Business Park for C&W/S&R, said: "he extremely successful example of Krylatsky Hills International Business Park, where 99% of the 60,000 sq m space was pre-let by C&W/S&R, proves that the business park concept works in Moscow. Krylatsky is opening in two phases this year, and is in the north-west of Moscow.

"What Greenwood Business Park has to offer is not only the quality of the office space, and of the infrastructure and the working environment, but that it is right on the Moscow Ring Road, and not far from the international Sheremetyevo airport - and also, at 130,000 sq m, its shere size."

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