C&W in Moscow's largest office leasing deal of 2011

By A staff reporter 2011-12-05T00:00:00+00:00

Russian construction firm Hals-Development has leased nearly 30,000 m[sup]2[/sup] of office space in its SkyLight business centre in Moscow to local internet company Mail.Ru Group.

Russian construction firm Hals-Development has leased nearly 30,000 m² of office space in its SkyLight business centre in Moscow to local internet company Mail.Ru Group.

The deal, which was brokered by brokerage firm Cushman & Wakefield, is said to be the largest office letting transaction so far this year in the Russian capital.

Mail.Ru Group has agreed to occupy one of the two 27-storey towers of the business centre and plans to relocate after delivery of the scheme in February 2013. SkyLight provides a total of 111 000 m² in the business district of Moscow.

'The Mail.Ru Group decision to occupy one of the towers in our business centre is a milestone event not only for the market but for the Russian business,' commented Sergey Kalinin, President of Hals-Development.