C&W appointed agent for Novosibirsk Hilton centre

Cushman & Wakefield Stiles & Riabokobylko has been appointed the exclusive leasing and marketing agent for office space at the Hilton Hotel & Business Centre in the centre of the Russian city of Novosibirsk. The Novosibirsk project is being spearheaded by international investor and developer London & Regional and also involves international hotel operator Hilton and financial partner Sberbank.

The Hilton Hotel & Business Centre is located in the heart of Novosibirsk, within five minutes walking distance from a metro station. The 26,000 m² project includes the construction of a four-star hotel and a class-A office complex. C&W said the business centre is scheduled to be ready for fit out in the fourth quarter of 2008. There will also be underground and surface parking for 134 cars, along with a conference hall and cafeteria.

'We are confident that our project can become the perfect base for both companies already present on the local market, and those who are only considering expansion into Novosibirsk and the Siberian region,' David Geovanis, managing director of London & Regional Properties in Russia, said. 'The area around the business centre enjoys developed infrastructure which together with the adjacent hotel - the city's first international hotel chain- will provide future tenants with convenient access to much needed business and leisure facilities.'