Largest office deal in Russia in 2011 closes (RU)

Hals-Development and Mail.Ru Group have signed a long-term lease agreement in SkyLight business center in Moscow (39, Leningradskiy prospekt). Mail.Ru Group will occupy one of the two towers.

The leased area is 29,932 m², which represents the largest office lease transaction in Moscow in 2011 to date. Cushman & Wakefield advised on the deal.

SkyLight class-A business center has unique architecture features. It consists of two 27-story towers that are connected by a stylobate and sky bridge. Each tower is a mirror reflection of each other but functionally independent.

The total area of SkyLight business center is 111,000 m² with two towers of 109.2 meters. SkyLight is situated in the well-known business district at the first line of Leningradskiy prospekt, providing great transport accessibility. Each tower has large and convenient underground parking zones.

By renting office space in SkyLight, Mail.Ru Group will consolidate its office premises taking into account its future expansion. The company plans to start fitting out works in the nearest future with the new office functioning from February 2013.

Sergey Kalinin, President at Hals-Development comments: "SkyLight is a contemporarily office complex which meets high international standards of A-class business centers. We are using high-end and reliable equipment and construction technologies.

"The Mail.Ru Group decision to occupy one of the towers in our business center is a milestone event not only for the market but for the Russian business, it confirms the high level that Hals-Development has achieved.

"We are proud to have Mail.Ru Group – the leading player in Russian internet industry and our strategic partner – as a long-term occupier in our key project."

Irina Bondareva, Associate, Office Agency at Cushman & Wakefield adds: "It's a big honor for us to work with Hals-Development. High professionalism, goal orientation and flexibility towards tenants allow this company to conclude such complex and large transactions as this with Mail.Ru Group."

Source: Cushman & Wakefield

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