Alcon business complex was delivered in the North administrative district in Moscow in December 2012.
Alcon business complex was delivered in the North administrative district in Moscow in December 2012.
The property was the only business centre in its class in the Moscow office real estate market completed in Q4 2012, according to Jones Lang LaSalle.
JLL and Knight Frank are co-exclusive leasing agents for Alcon.
The business complex was developed by Alcon Development and has a total area of 102,177 m2, with a gross leasing area of 66,776 m2.
Alexey Kuchvalsky, national director, head of office agency department, Jones Lang LaSalle, Russia & CIS, noted: 'Only five Grade A office schemes were delivered in Moscow in 2012, and Alcon is the largest by area.'
'There is an obvious trend continuing from the previous year of developers of high-end office real estate going outside the city centre. At the same time, the most actively developed district of this business area 'Leningradskiy corridor' still has a lack of class A office properties.'
