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News Release

Moscow

The world-famous medical producer became the first tenant in Delta Plaza business centre

Covidien HQ in Moscow will be located in Class A business centre on the Garden Ring


Moscow, 05 February 2013 – The international company Covidien, one of the leaders in the sphere of the medical production, leased the whole floor in Delta Plaza, Class A office complex, located in the center of Moscow, and became the first tenant of the property. The consultants of the deal are Jones Lang LaSalle, representing landlord and Colliers International, representing tenant.

Covidien leased out the 7th floor of BC Delta Plaza – more than 2,600 sqm – for a 10 years term. Russian headquarters of the company will be located there. Covidien headquarters moving to Delta Plaza is scheduled in May-June, 2013.

Mikhail Sadriev, CEO, Interprodresurs LLC, AREIM Group, commented: “We are glad to welcome a company with a worldwide name as the first tenant of Delta Plaza business centre. The decision of one of the largest medical equipment producers to open its headquarters in our BC is the best evidence of the project’s success. The main advantages of Delta Plaza are excellent location, high quality of the construction, sufficient amount of parking places, attractive lease terms and the high level of services for tenants.”

Alexander Surmenev, National Director, Office Agency, Jones Lang LaSalle, Russia & CIS, said: “Delta Plaza is one of the most attractive business centers on the Garden Ring. The efficient open floor plans, the floors of the total area from 2,400 sqm, good transport accessibility – this is “the positive delta” that distinguishes Delta Plaza from other Moscow business centers and makes it an ideal place for the offices of large international and Russian companies. Today taking into account the lack of the new high quality office premises, Delta Plaza is one of the few office complexes in Moscow CBD, ready to offer tenants the large premises for lease. We are sure, that due to the appearance of the anchor tenants in the project, the interest of other tenants to this business centre will rise up by leaps and bounds.”

Vera Zimenkova, Director, Corporate Solutions Department, Colliers International, added: “Searching for an office space Covidien set a task to find the most comfortable combination of such factors as location of the building, the construction quality, as well as professional developer and the management company. In our opinion, we managed to achieve the optimal correlation of all these factors in the deal with Delta Plaza. In addition, the fact that Covidien made a decision to negotiate the preliminary lease agreement before the developer gets the certificate of the ownership and became the first tenants in the project, brought the benefit from the commercial point of view. The professionalism of the developer and individual approach to the tenant helped reduce all the risks.”

Delta Plaza business centre is located on the Garden Ring (the Second Syromyatnicheskiy lane, and has good transport accessibility: the metro stations Kurskaya and Chkalovskaya are next to the building, the Third Ring Road is located in 10 minutes ride.

The total area of the nine-storied business centre Delta Plaza is 29,050 sqm, including the leasable area 22,179 sqm. The distinctive features of the complex are the effective layout of the floor plan and modern engineering systems, satisfying the highest international standards. The building has two level underground parking, and adjacent territory that gives an opportunity for the spontaneous parking.

The Developer of the project is Accent Real Investment Managers (AREIM), the management company is Sawatzky Property Management.


About Accent
Accent was founded in 2007. Today the company is one of the largest private investment companies operating in Russia. Accent’s priority guideline is retail and logistics project development. The group took this course as a basis for the formation of our strategic goal and we focus on high recognition in this field. In our activities we cover the whole cycle of investment process: from acquisition of project / object through its development to sales.
Current portfolio of the company consist of 4 existing projects: an office building in the center of Moscow, shopping center in large residential district of Moscow and two logistics complexes in Moscow region and Ufa city. There are also 5 project on development stage.
We are doing our business in line with the best worldwide practices in development. Our aim is to create only top tire projects. The quality of our work and the principles of our approach are proved by professionals – two projects of the group were nominated and awarded by Commercial Real Estate (CRE) Awards (specialized real estate grant on Russian market) in 2011.


About Covidien
Covidien is a leading global healthcare products company that creates innovative medical solutions for better patient outcomes and delivers value through clinical leadership and excellence. Covidien manufactures, distributes and services a diverse range of industry-leading product lines in three segments: Medical Devices, Pharmaceuticals and Medical Supplies. With 2012 revenue of $11.9 billion, Covidien has 43,000 employees worldwide in 70 countries, and its products are sold in over 140 countries. Please visit www.covidien.com to learn more about our business.


About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a professional services and investment management firm offering specialized real estate services to clients seeking increased value by owning, occupying and investing in real estate. With annual revenue of $3.9 billion, Jones Lang LaSalle operates in 70 countries from more than 1,000 locations worldwide. On behalf of its clients, the firm provides management and real estate outsourcing services to a property portfolio of 242 million square meters. Its investment management business, LaSalle Investment Management, has $47.0 billion of real estate assets under management.
In Russia and CIS Jones Lang LaSalle have offices in Moscow, St. Petersburg, Kiev and Almaty. Jones Lang LaSalle, Russia was voted Consultant of the Year in 2004, 2006, 2007, 2008, 2009, 2010, 2011 and 2012 at the Commercial Real Estate Awards, Moscow and Consultant of the Year at the Commercial Real Estate Awards 2009, St. Petersburg. For further information, please visit www.jll.ru