Real estate services firm Cushman & Wakefield said its Russian office has been retained by Russian property investor and developer Segment as exclusive agents for the sale of a project to construct the Altek Business Park in Moscow. Construction of the 116,698 m[sup]2[/sup] business park consisting of eight buildings is currently set to begin in the second quarter of 2009 and to be completed by the second quarter of 2011.
Real estate services firm Cushman & Wakefield said its Russian office has been retained by Russian property investor and developer Segment as exclusive agents for the sale of a project to construct the Altek Business Park in Moscow. Construction of the 116,698 m2 business park consisting of eight buildings is currently set to begin in the second quarter of 2009 and to be completed by the second quarter of 2011.
‘Altek Business Park is a fantastic opportunity for investors to acquire a first-rate project with a full set of construction permits,’ explained Alexander Avdeev, Segment’s general director.
‘Altek Business Park will be a contemporary Class A business park in a prestigious and ecologically clean area only 3 kilometres away from Moscow,’ said Mikhail Mindlin, director of sales and acquisitions at Cushman & Wakefield/Stiles & Riabokobylko. ‘Once completed the business park will offer a developed infrastructure with a comfortable and efficient office complex, complete with shopping and a fitness center.’