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News Release

Moscow

Nikolskoye Class A Logistics Complex to be delivered in Moscow Region in Q2 2014


Moscow, 30 September, 2013 – A new Nikolskoye Class A logistics park, total area 106,000 sq m, is to be delivered in Moscow Region in Q2 2014. The developers of the project are EASTWARD Capital and NATIONAL Consulting. International real estate consultancies Knight Frank and Jones Lang LaSalle are appointed co-exclusive leasing agents of the property. The construction of the project is being financed by Nomos Bank.

The complex is located on an 18 hectares land plot near Nikolskoye village and Iksha, 800 m away from A-107 (the Moscow Small Ring), in 7 km from Dmitrovskoe Highway, in 5 km from Rogachevskoe Highway, in 35 km from the MKAD, and in 17 km from Leningradskoe Highway, the major highway for European automobile import. The property is also located close to the exit to the Central Ring Road.

As of today, the fabrication of metal structures as well as the external supply lines of the complex is nearly finished. The roof, the walls and the engineering infrastructure items are being installed. The construction of the junction is now completed.

Alexey Labzin, Partner, EASTWARD Capital: “Today, Nikolskoye logistics complex is one of the most active industrial properties under construction located to the North of Moscow. We are creating a modern high-end project, planned and constructed according to the best Russian and European technologies in terms of engineering systems and efficient operation. We’ve carefully chosen the project team. The property was designed by Tebodin, which has a significant experience in projecting industrial properties throughout Europe. Evrostroi, general constructor of the project, also has positive experience in the field of logistic construction. Nomos bank demonstrates excellent comprehension of the construction process specific features. Marketing activities are held by the leading consulting companies - Knight Frank and Jones Lang LaSalle. We hope that the synergy of our professional team will result in a high-quality logistic project, one of the best in Moscow region.”

Anton Repin, Director of Landlord representation department, Knight Frank: “One of the most important competitive advantages of Nikolskoye logistics complex is the quality of construction and efficiency of operation. Considering the convenient floor plans providing the flexibility when dividing the sections and the spacious parking zone, we expect the project to be able to satisfy the needs of wide range of prospective tenants.”

Petr Zaritskiy, National Director, Head of Industrial & Warehousing Department, Jones Lang LaSalle Russia & CIS, commented: “The warehouse vacancy rate in Moscow region is still low: at the beginning of the 2nd half of the year it accounted just for 51,000 sq m, that is less than 1% of the total supply, while the vacancy on the north-west direction which is one of the most popular accounts for only 4,800 sq m of quality warehouse space. With an almost zero availability till the end of this year, the professional projects which will be the first to enter the market in 2014 will be undoubtedly in high demand. As Nikolskoye Logistics Park will be delivered among the first in 2014, we are confident in its successful leasing.”

 

EASTWARD Capital Russia
EASTWARD Capital – diversified holding, founded in 2006. Includes companies operating since 1991. Maim activities include:
• Development of retail real estate (EASTWARD Development)
• Construction and General contractor activity ( COSTA)
• Property Management (PMC «Torgoviy Kvartal»)
• Investment consulting and brokerage

The main staff (more than 150 professionals) is located in Moscow.
Top managers of the company – well-known professionals with successful experience in large investment, developing and constructing and consulting companies.
 
 
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 and completed $63 billion in sales, acquisitions and finance transactions in 2012. Its investment management business, LaSalle Investment Management, has $46.3 billion of real estate assets under management.
In Russia and CIS Jones Lang LaSalle have offices in Moscow, St. Petersburg, Kiev and Aktau. Jones Lang LaSalle, Russia was voted Consultant of the Year in 2004, 2006, 2007, 2008, 2009, 2010, 2011, 2012 and 2013 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