Significant Growth Potential for KONE in Russia

Total Page:16

File Type:pdf, Size:1020Kb

Significant Growth Potential for KONE in Russia KONE Capital Markets Day 2008 Significant growth potential for KONE in Russia Klaus Cawén Executive Vice President, M&A and Strategic Alliances, Russia, Legal Affairs Significant growth potential for KONE in Russia Rapidly growing economy One of the top ten elevator markets KONE uniquely positioned to drive growth Capital City, Moscow 2 May 7, 2008 © KONE Corporation l Capital Markets Day l Klaus Cawén Rapidly growing economy Strong GDP growth 140 million population – mostly urban High disposable income – high consumption Antey-III, Yekaterinburg 3 May 7, 2008 © KONE Corporation l Capital Markets Day l Klaus Cawén Strong GDP growth 12 10 8 6 4 2 0 2000 2001 2002 2003 2004 2005 2006 2007 Note: Real GDP Growth Source: Bank of Finland 4 May 7, 2008 © KONE Corporation l Capital Markets Day l Klaus Cawén In addition to Moscow and St. Petersburg there are 11 cities with a population exceeding one million Cities by Number of Inhabitants (Millions) Moscow St Petersburg St Petersburg Novosibirsk Nizhny Novgorod Rural Moscow Yekaterinburg 26% Samara Omsk Nizhniy Novgorod Perm Perm Rostov-na-Donu Kazan Kazan Samara Yekaterinburg Ufa Urban Ufa Chelyabinsk Chelyabinsk 74% Rostov-on-Don Volgograd Omsk Volgograd 0 1 2 3 4 5 6 7 8 9 Novosibirsk Source: United Nations Population density and urbanization statistics 5 May 7, 2008 © KONE Corporation l Capital Markets Day l Klaus Cawén Source: United Nations Population Division estimates and projections High disposable income Unleashed hungry urban consumers 13% flat income tax Growing middle class Demand for quality and brand value MIBC, Moscow 6 May 7, 2008 © KONE Corporation l Capital Markets Day l Klaus Cawén One of the top ten elevator markets Huge construction growth 450,000 elevators in operation Significant residential market Naberezhnaya Tower, Moscow 7 May 7, 2008 © KONE Corporation l Capital Markets Day l Klaus Cawén Strong construction growth in Russia is forecasted to continue Office, commercial and residential construction activity, real EUR bn 20 • 2007 Nominal construction output (Office, commercial, residential): EUR bn 35 18 16 14 12 10 8 6 4 2 0 2000 2001 2002 2003 2004 2005 2006 2007 2008f 2009f 2010f 2011f 2012f Office Commercial Residential Source: Global Insight, Nov 2007 NOTE: The figures presented in the graph are real bn EUR figures, converted from USD 2000 real figures using recent conversion rates 8 May 7, 2008 © KONE Corporation l Capital Markets Day l Klaus Cawén Import elevators are gaining share in the growing Russian elevator market Russian elevator and escalator market, units 35,000 30,000 26,000 38% 22,000 35% 33% 19,000 32% 15,000 31% 12,000 28% 26% 62% 65% 67% 68% 69% 74% 72% 2004 2005 2006 2007 2008F 2009F 2010F Local equipment Import Source: KONE 9 May 7, 2008 © KONE Corporation l Capital Markets Day l Klaus Cawén KONE is one of the two leading elevator companies on the Russian import market Russian total new equipment market approx. 22,000 units in 2007 Comp1 KONE Local Import market market 68% 32% Comp2 Comp3 Source: KONE 10 May 7, 2008 © KONE Corporation l Capital Markets Day l Klaus Cawén Residential segment clearly the biggest in units Residential Office Retail 60 % Hotels (≈ 14,000 units) Public Transportation Others 11 May 7, 2008 © KONE Corporation l Capital Markets Day l Klaus Cawén Maintenance Split of KONE revenues in Russia 2007 Maintenance Small share but growing every year through new installations Moscow & St. Petersburg Future base for modernization business as market develops New equipment 12 May 7, 2008 © KONE Corporation l Capital Markets Day l Klaus Cawén KONE uniquely positioned to drive growth Distribution network Correct product portfolio for Russian market Brand value linked to high quality and class Imperia Tower, Moscow 13 May 7, 2008 © KONE Corporation l Capital Markets Day l Klaus Cawén KONE history in Russia goes back to the 1930’s 1935 First elevator deliveries to Russia 1971 KONE representative office in Moscow 1994 KONE subsidiary in Moscow 1995 KONE subsidiary in St. Petersburg 2000 Creation of distributor network started 2007 Acquisition of JSC Lift RSU-5 in St. Petersburg 2008 One of the two leading elevator companies in import segment with over 560 employees, subsidiaries in Moscow and St. Petersburg and 20 distributors covering all major cities 14 May 7, 2008 © KONE Corporation l Capital Markets Day l Klaus Cawén KONE coverage extends to all major cities through 20 distributors St Petersburg Kaliningrad Moscow Lipetsk Voronezh Izhevsk Belgorod N. Novgorod Tyumen Krasnodar Kazan Samara Yekaterinburg Sochi Ufa Volgograd Chelyabinsk Tomsk Omsk Novosibirsk Habarovsk Vladivostok 15 May 7, 2008 © KONE Corporation l Capital Markets Day l Klaus Cawén KONE elevator offering covers segments from budget residential to high-rise Price KONE Alta™ • High rise elevators • Over 30 floors and 4 m/s and KONE MiniSpace® • Machine room elevators • Sold to High-class office segment and High rise residential segment KONE MonoSpace® and KONE MonoSpace® Special • Machineroomless elevators • KONE MonoSpace® sold primarily to mid-price office and improved residential segment • KONE MonoSpace® Special sold to High-class residential segment and Office segment KONE EcoDom® 5000 • Machine room elevators • Sold primarily to Mid-price residential segment KONE EcoDom® 3000 • Machine room elevators • Sold primarily to Mid-low-price residential segment Value 16 May 7, 2008 © KONE Corporation l Capital Markets Day l Klaus Cawén KONE has a number of landmark projects in Russia Capital City Antey-III Moscow Yekaterinburg This 274-meter A first high-rise high complex will building in the be the tallest Ural region residential building in Europe 50 floors 73 floors 19 elevators 48 elevators with with speeds up speeds up to 7 m/s to 6 m/s 4 dual-purpose KONE high-rise double destination deck elevators control system 6 escalators KONE destination control system 17 May 7, 2008 © KONE Corporation l Capital Markets Day l Klaus Cawén KONE has demonstrated continuous success in winning orders e.g. in the Moscow City project NV=kçêíÜÉêå= qçïÉê= NP=cÉÇÉê~íáçå= NTJNU=qïáå= qçïÉê qçïÉêë= NQ=oçëëáà~ NO=jf_` qçïÉê NR=`áíó=e~ää NN=`áíó= qÉêãáå~ä SJU=`Éåíê~ä= `çêÉ OJP=`áíó= m~ä~ÅÉ NM=k~ÄÉêÉòÜå~ó~ V=`~éáí~ä=`áíó qçïÉê Q=fãéÉêá~ qçïÉê 18 May 7, 2008 © KONE Corporation l Capital Markets Day l Klaus Cawén Future opportunities - construction outlook promises continued growth in Russia • Residential construction volumes to double, from 40 million m2 to 80 million m2 in 2007-2012 • Significant replacement plans; 5-storey housing to 25-storey buildings • Local municipalities plan to move industrial facilities away from city centers and build office, commercial and residential buildings • Significant number of major projects planned in all major cities • Olympics in Sochi 2014 bringing further growth 19 May 7, 2008 © KONE Corporation l Capital Markets Day l Klaus Cawén KONE is uniquely positioned to capture the growth opportunities in Russia Competitive product portfolio covering most segments Positive brand image linked to quality and high class Strong local presence 20 May 7, 2008 © KONE Corporation l Capital Markets Day l Klaus Cawén .
Recommended publications
  • Q3 2014 IR Presentation FINANCIAL & BUSINESS RESULTS
    Q3 2014 IR Presentation FINANCIAL & BUSINESS RESULTS November 2014 Disclaimer This document does not constitute or form part of and should not be construed as, an offer to sell or issue or the solicitation of an offer to buy or acquire securities of AFI Development Plc (the "Company") or any of its subsidiaries in any jurisdiction or an inducement to enter into investment activity. No part of this document, nor the fact of its distribution, should form the basis of, or be relied on in connection with, any contract or commitment or investment decision whatsoever. No representation, warranty or undertaking, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or the opinions contained herein. None of the Company or any of its affiliates, advisors or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this document or its contents or otherwise arising in connection with the document. This communication is only being distributed to and is only directed at (1) qualified institutional buyers (within the meaning of Rule 144A of the United States Securities Act of 1933, as amended (the "Securities Act") or (2) accredited investors (as defined in Rule 501(a) of Regulation D adopted pursuant to the Securities Act). Any person who is not a "qualified institutional buyer" or "accredited investor" should not act or rely on this document or any of its contents. This document contains "forward-looking statements", which include all statements other than statements of historical facts, including, without limitation, any statements preceded by, followed by or that include the words "targets", "believes", "expects", "aims", "intends", "will", "may", "anticipates", "would", "could" or similar expressions or the negative thereof.
    [Show full text]
  • Vladimir Putin Just Wants to Be Friends P42 ADVERTISEMENT
    September 12 — September 18, 2016 | bloomberg.com Vladimir Putin just wants to be friends p42 ADVERTISEMENT WORLD CLASS AS STANDARD Bringing It All Together For results to meet expectations, belief in preparation and teammates benefits world-class golfers and investors One nickname for them was the Spanish matches, European captain Tony Jacklin Rotella. “For some players it’s a new expe- Armada, although they fared much better sent his planned pairings out to play nine- ULHQFHDQGWKH\·YHQHYHUKDGWRVDFULÀFH DW7KH5\GHU&XSWKDQWKHLOOIDWHGÁHHW hole small-money matches. Ballesteros a lot for the good of the team. Other guys of 1588 did in war. Beginning in 1987, DQG2OD]iEDO³SOD\LQJWRJHWKHUIRUWKHÀUVW ORYHEHLQJXQVHOÀ V K W H D PSOD\HUV,Q7KH and paired together over four consecutive time ever as partners—squared off against Ryder Cup, knowing ahead of time who Ryder Cups for eight matches in foursomes Bernhard Langer and Ken Brown for $10, you are going to be paired with, and to be (alternate shot) and seven in four-ball and were two down with two holes to play. excited about that, is a big deal. When you (best ball), Spaniards Seve Ballesteros On the eighth hole, Ballesteros holed out UHDOO\ÀQGRXWLI\RX·UHFORVHO\NQLWLVZKHQ and José María Olazábal ran up a record from a bunker to win. One down. On the you get down in a match. That’s when you of 11-2-2—by far the most successful ninth, Olazábal rammed in a 20-foot birdie À Q G RXWLI\RXEHOLHYHLQHDFKRWKHUDQG partnership in the history of the event. putt to win.
    [Show full text]
  • List of World's Tallest Buildings in the World
    Height Height Rank Building City Country Floors Built (m) (ft) 1 Burj Khalifa Dubai UAE 828 m 2,717 ft 163 2010 2 Shanghai Tower Shanghai China 632 m 2,073 ft 121 2014 Saudi 3 Makkah Royal Clock Tower Hotel Mecca 601 m 1,971 ft 120 2012 Arabia 4 One World Trade Center New York City USA 541.3 m 1,776 ft 104 2013 5 Taipei 101 Taipei Taiwan 509 m 1,670 ft 101 2004 6 Shanghai World Financial Center Shanghai China 492 m 1,614 ft 101 2008 7 International Commerce Centre Hong Kong Hong Kong 484 m 1,588 ft 118 2010 8 Petronas Tower 1 Kuala Lumpur Malaysia 452 m 1,483 ft 88 1998 8 Petronas Tower 2 Kuala Lumpur Malaysia 452 m 1,483 ft 88 1998 10 Zifeng Tower Nanjing China 450 m 1,476 ft 89 2010 11 Willis Tower (Formerly Sears Tower) Chicago USA 442 m 1,450 ft 108 1973 12 Kingkey 100 Shenzhen China 442 m 1,449 ft 100 2011 13 Guangzhou International Finance Center Guangzhou China 440 m 1,440 ft 103 2010 14 Dream Dubai Marina Dubai UAE 432 m 1,417 ft 101 2014 15 Trump International Hotel and Tower Chicago USA 423 m 1,389 ft 98 2009 16 Jin Mao Tower Shanghai China 421 m 1,380 ft 88 1999 17 Princess Tower Dubai UAE 414 m 1,358 ft 101 2012 18 Al Hamra Firdous Tower Kuwait City Kuwait 413 m 1,354 ft 77 2011 19 2 International Finance Centre Hong Kong Hong Kong 412 m 1,352 ft 88 2003 20 23 Marina Dubai UAE 395 m 1,296 ft 89 2012 21 CITIC Plaza Guangzhou China 391 m 1,283 ft 80 1997 22 Shun Hing Square Shenzhen China 384 m 1,260 ft 69 1996 23 Central Market Project Abu Dhabi UAE 381 m 1,251 ft 88 2012 24 Empire State Building New York City USA 381 m 1,250
    [Show full text]
  • Moscow City Project Continues to Be Developed, with the Naberezhnaya Tower Complex Being Completed in 2007
    Research Moscow Office market report • H2 2007 Contents Moscow office markets 2-3 Market breakdown 4 Market data 5 Executive summary • Demand for quality office space in Moscow clearly exceeds supply, with the vacancy rate for class A premises standing at just over 1%. Prime rents have continued to show rapid growth. • The quality of large-scale office accommodation is improving, while office complexes of over 100,000 sq m are becoming increasingly common. About six such projects are expected to open in 2008. • The geography of Moscow’s office market is expanding, with a number of large business parks being developed outside the city boundaries, such as Khimki Business Park, Greenwood Business Park and Western Gate. • The MIBC Moscow City project continues to be developed, with the Naberezhnaya Tower Complex being completed in 2007. However, some tenants are reluctant to move to Moscow City until there are improvements in the transport infrastructure and the availability of parking. In light of these factors, rents of over $2,000 per sq m per annum are viewed by many as being overpriced. • Investment in office properties has been growing at an unprecedented rate. Prime yields compressed by around 200 basis points during 2007 to stand at 8.00% at the end of the year. 2 Moscow office market report • H2 2007 Knight Frank Moscow City (Moscow International Business Center) 19 18 19 Complete 18 17 1st Krasnogvardeysky proezd 25 Partially 16a 16b 1 Complete 20 21 13 14 15 12 2008 11 Expocenter 8a 8b 7 6 2009 10 2 2010 9 4 3 Kra 2011 snop resne
    [Show full text]
  • Ojsc “Lsr Group” 36 Kazanskaya Street, St
    STRICTLY CONFIDENTIAL – FOR ADDRESSEE ONLY REPORT AND VALUATION FOR: OJSC “LSR GROUP” 36 KAZANSKAYA STREET, ST. PETERSBURG,190031, RUSSIA OF THE REAL ESTATE PROPERTIES TOGETHER KNOWN AS: “LSR GROUP PORTFOLIO” DATE OF VALUATION: DECEMBER 31, 2011 DATE OF REPORT ISSUE: FEBRUARY 29, 2012 PREPARED BY: OOO CUSHMAN & WAKEFIELD LLC DUCAT PLACE III 6 GASHEKA STREET 125047, MOSCOW, RUSSIA TEL: +7 (495) 797-9600 FAX: +7 (495) 797-9601 TABLE OF CONTENTS 1. SCOPE OF INSTRUCTIONS ................................................................................................... 3 2. BASIS OF VALUATION ........................................................................................................... 7 3. ASSUMPTIONS AND SOURCES OF INFORMATION ................................................... 7 4. TENURE AND TENANCIES .................................................................................................. 8 5. NET ANNUAL RENT.............................................................................................................. 10 6. TOWN PLANNING ................................................................................................................. 11 7. STRUCTURE .............................................................................................................................. 13 8. SITE AND CONTAMINATION ........................................................................................... 13 9. PLANT AND MACHINERY .................................................................................................
    [Show full text]
  • ON the ROAD City Moscow
    a a a s r Hotel Hilton i a y t k li s D vo o u M t o e l li k va a t y u u uc ry k o 2-ya Brestskaya ulitsa e Ragout a a h p r k e a i y e h s e ulitsa Fadeeva t p s ga a v a s 4-ya 11Tverskaya Yamskaya ulitsa ele p k p M D o y i s e 3 Sad r r a tsa ova k s e s uli p - naya Samotechnaya ulitsa ya NII Skoroy Pomoshchi a it ya tech Sadovaya -S s S u l 1-ya Brestskaya ulitsa ovaya Samo uk ’ kor Sad ha l p lo u 1 rev Sklifosovskogo e S Kazansky s t n k ulitsa Chayanova 1 ka y a ya p a az T u s T v lit y vokzal sa o h t e a i r K n l s lok h iy u k y s B ’ p a l - Kalanchevskaya ulitsa l a y reu eu e o e r 1 o r a p A. A. Chernikhov Design e Dokuchaev pereulok y 6 l iy e n B a Y y ’ u e s am h p and Architecture Studio l k z o u h r Sukharevskaya s O v k o s v k o y o a h y y K k a i h a u L c li r Ryazanskiy proezd ts a e n Novoryazanskaya ulitsa 1-ya 11Tverskaya Yamskaya ulitsa s t a t la li n u a a iy o y l a K n Tsventoy bul’var u l’ p Sadovaya-Spasskaya ulitsa fa e m e r iu ultisa Petrovka r e a r e T p 52 k r Bol’shaya Gruzinskaya ulitsa 53 ya u n a a ulitsa Malaya Dmitrovka k v l iy o o e o lok v n l d reu ’ n pe k t Mayakovskaya eu Sa Maliy Karetniy l a e m r u s r 2-ya Brestskaya ulitsa pe b S iy V n y y o a o r s n he o t ulitsa Mashi poryvaevoy z i t t l ru ni pereulok 2-ya Brestskaya ulitsa etniy e O dniy Kar k u k Sad e v ereulo Orlikov pereulok o r arevskiy p Vasilyevskaya ulitsa S s kh Daev pereulok v T Bol’shoy Su 64 Ermitazh T o s Krasnovorotskiy proezd s v Mosproekt-2 k e i Tishinskaya ulitsa Yuliusa Fuchika y t p Pushkinskaya
    [Show full text]
  • Regional Approaches in High-Rise Construction
    E3S Web of Conferences 33, 01023 (2018) https://doi.org/10.1051/e3sconf/20183301023 HRC 2017 Regional approaches in high-rise construction O.G. Iconopisceva1, G.A. Proskurin1 Orenburg State University, 460018, Orenburg, prospect Pobedy, 13, Russia Abstracts. The evolutionary process of high-rise construction is in the article focus. The aim of the study was to create a retrospective matrix reflecting the tasks of the study such as: structuring the most iconic high-rise objects within historic boundaries. The study is based on contemporary experience of high-rise construction in different countries. The main directions and regional specifics in the field of high-rise construction as well as factors influencing the further evolution process are analyzed. The main changes in architectural stylistics, form-building, constructive solutions that focus on the principles of energy efficiency and bio positivity of "sustainable buildings", as well as the search for a new typology are noted. The most universal constructive methods and solutions that turned out to be particularly popular are generalized. The new typology of high-rises and individual approach to urban context are noted. The results of the study as a graphical scheme made it possible to represent the whole high-rise evolution. The new spatial forms of high-rises lead them to new role within the urban environments. Futuristic hyperscalable concepts take the autonomous urban space functions itself and demonstrate us how high-rises can replace multifunctional urban fabric, developing it inside their shells. 1 Introduction It's impossible nowadays to imagine the world without high-rises, which is the mainstream in the forming of high dense urban landscapes.
    [Show full text]
  • Rank Building City Country Height (M) Height (Ft) Floors Built 1 Burj
    Rank Building City Country Height (m) Height (ft) Floors Built 1 Burj Khalifa Dubai UAE 828 m 2,717 ft 163 2010 Makkah Royal Clock 2 Mecca Saudi Arabia 601 m 1,971 ft 120 2012 Tower Hotel 3 Taipei 101 Taipei Taiwan 509 m[5] 1,670 ft 101 2004 Shanghai World 4 Shanghai China 492 m 1,614 ft 101 2008 Financial Center International 5 Hong Kong Hong Kong 484 m 1,588 ft 118 2010 Commerce Centre Petronas Towers 1 6 Kuala Lumpur Malaysia 452 m 1,483 ft 88 1998 and 2 Nanjing Greenland 8 Nanjing China 450 m 1,476 ft 89 2010 Financial Center 9 Willis Tower Chicago USA 442 m 1,450 ft 108 1973 10 Kingkey 100 Shenzhen China 442 m 1,449 ft 98 2011 Guangzhou West 11 Guangzhou China 440 m 1,440 ft 103 2010 Tower Trump International 12 Chicago USA 423 m 1,389 ft 98 2009 Hotel and Tower 13 Jin Mao Tower Shanghai China 421 m 1,380 ft 88 1999 14 Al Hamra Tower Kuwait City Kuwait 413 m 1,352 ft 77 2011 Two International 15 Hong Kong Hong Kong 416 m 1,364 ft 88 2003 Finance Centre 16 23 Marina Dubai UAE 395 m 1,296 ft 89 2012[F] 17 CITIC Plaza Guangzhou China 391 m 1,283 ft 80 1997 18 Shun Hing Square Shenzhen China 384 m 1,260 ft 69 1996 19 Empire State Building New York City USA 381 m 1,250 ft 102 1931 19 Elite Residence Dubai UAE 381 m 1,250 ft 91 2012[F] 21 Tuntex Sky Tower Kaohsiung Taiwan 378 m 1,240 ft 85 1994 Emirates Park Tower 22 Dubai UAE 376 m 1,234 ft 77 2010 1 Emirates Park Tower 22 Dubai UAE 376 m 1,234 ft 77 2010 2 24 Central Plaza Hong Kong Hong Kong 374 m 1,227 ft 78 1992[C] 25 Bank of China Tower Hong Kong Hong Kong 367 m 1,205 ft 70 1990 Bank
    [Show full text]
  • PERSPECTIVAS E DESAFIOS AO DESENVOLVIMENTO NA RMC O MEIO AMBIENTE URBANO Seminário
    Seminário PERSPECTIVAS E DESAFIOS AO DESENVOLVIMENTO NA RMC AGEMCAMP/PUCCAMP/FFORUM O MEIO AMBIENTE URBANO EixoEixo dede anan áálise:lise: AmbienteAmbiente UrbanoUrbano –– AA CidadeCidade QuestõesQuestões QuestõesQuestões ““TradicionaisTradicionais ”” ““AtuaisAtuais ”” Dicotomia Cidade – Campo Conectividade Cidade Industrial Cidade Terciária Elevada Tx de Crescimento Demográfico Menores Taxas de Crescimento Favelização – Periferização Urbanização e Saneamento Metropolização Crescimento das Aglomerações Urbanas Maior Crescimento do Núcleo Crescimento dos Municípios Periféricos Qualidade de Vida Ambiente Competitivo Funções Claras de Núcleo (com centro Centros de Serviços Localizados nos principal e subcentros) Grandes Eixos – Novas Centralidades? Expansão da Mancha Urbana Urbanização Dispersa Migrações Nacionais de Longa Distância Migração Internacional Deslocamentos Intra-urbanos Deslocamentos Pendulares Inter- regionais QuestõesQuestões AlternativasAlternativas Deslocamento de Plantas Busca de “Nova Identidade” Industriais e Redução do Emprego Industrial Existência de Áreas Projetos de Renovação Urbana Degradadas Redução das Funções do Projetos de Revitalização dos Centro Centros CompetitividadeCompetitividade ee NovaNova IdentidadeIdentidade AA BuscaBusca dede NovaNova IdentidadeIdentidade RequerRequer IntervenInterven ççõesões emem DiferentesDiferentes EscalasEscalas Espaciais.Espaciais. AAççõesões dede DistintosDistintos Atores:Atores: EscalasEscalas PropostasPropostas AAççõesões Escala Global e • Criação de “Ambiente” Atrativo à
    [Show full text]
  • BUILDING Works
    55°44’49.6”N | 37°32’12.6”E BUSINESS CENTERS & HIGH RISES ENKA Naberezhnaya Tower, Moscow, Russia INDUSTRIAL PLANTS MALLS AND SHOPPING CENTERS PUBLIC BUILDINGS URBAN DEVELOPMENT USA EMBASSY PROJECTS BUILDING works SELECTED PROJECTS BUSINESS CENTERS & HIGH RISES TAIF Business Center, Republic of Tatarstan, Russian Federation Esentai Park Complex, Kazakhstan 55°43’56.1”N | 37°38’49.3”E Moscow City Plot 12 Eurasia Tower, Russian Federation Hyatt Regency Hotel, Business&Residential Center, Kazakhstan Riverside Towers, Moscow, Russian Federation Moscow City Plot 4 Imperial Tower, Russian Federation Mosenka Office Buildings, Russian Federation Naberezhnaya Towe, Russian Federation Paveletskaya Square Business Center, Russian Federation Riverside Towers, Russian Federation Sadovaya Plaza, Russian Federation The Central Core of MIBC, Moscow International Business Center, Russian Federation Tsvetnoy Multifunctional Complex, Russian Federation White Square Office Center, Russian Federation INDUSTRIAL PLANTS General Motors New Car Assembly Plant, Russian Federation Mars Confectionery Plant, Russian Federation Toyota Car and Assembly Plant, Russian Federation Toyota-SA Automobile Factory, Turkey Derna Desalination Plant, Libya Soussa Desalination Plant, Libya CONTENTS Zawia Desalination Plant, Libya Zuara Desalination Plant, Libya Benghazi Cement Plant, Libya Hawari Cement Plant, Libya Souq Al-Khamis Cement Plant, Libya Al Khoms Cement Plant, Libya Tasluja Cement Plant, Iraq Kerbela Cement Plant, Iraq Falluja White Cement Plant, Iraq Badoosh Cement
    [Show full text]
  • Lease Payments Under the PLA ¾ No Advance Payments ¾ How Should Certain Payments Under the PLA Be Assessed (For Access, for Use, Etc.)?
    HOW TO OPTIMIZE OFICE REAL ESTATE FOR END- USERS` BUSINESS NEEDS February 9, 2012 AEB Conference Centre Current Office Market Trends Speaker: Svetlana Kara Praedium ONCOR International February 9th, 2012 Current Office Market Trends Office Premises Breakdown by Classes, Moscow Source: Praedium ONCOR International Current Office Market Trends New Office Properties Commissioned in 2011 and Planned for Commissioning in 2012 Commissioned in 2011 – 700 000 sq.m Planned for Commissioning in 2012 – 625 000 sq.m Source: Praedium ONCOR International Current Office Market Trends New Construction Volume Dynamics, sq.m Source: Praedium ONCOR International Current Office Market Trends Major Office Properties Commissioned in 2011 Imperia Tower Olympia Park Total Area: 310,210 sq.m Total Area: 71,500 sq.m Leasable Area: 70,110 sq.m Leasable Area: 45,019 sq.m Vacancy Rate: >50% Vacancy Rate: 4% Vivaldi Plaza Total Area: 109,485 sq.m Leasable Area: 66,634 sq.m Vacancy Rate: 73% Linkor Diamond Hall Total Area: 63,000 sq.m Total Area: 61,500 sq.m Leasable Area: 34,000 sq.m Leasable Area: 38,000 sq.m Vacancy Rate: 27% Vacancy Rate: 52% Current Office Market Trends Major Office Properties to be Commissioned in 2012-2013 Alcon Mercury City Tower Sky Light Total Area: 102,177 sq.m Total Area: 158,528 sq.m Total Area: 111,240 sq.m Leasable Area: 66,776 sq.m Leasable Area: 86,000 sq.m Leasable Area: 77,500 sq.m Lighthouse White Gardens Aquamarine III Total Area: 41,270 sq.m Total Area: 105,000 sq.m Total Area: 75,500 sq.m Leasable Area: 23,500 sq.m Leasable Area:
    [Show full text]
  • Moscow Office Market Report • 2007
    Research Moscow Office market report • 2007 Contents Moscow office markets 2-3 Market breakdown 4 Market data 5 Executive summary • The rapid development of the Moscow office market over the last decade has brought the total Grade A and B stock to 5.6 million sq m, having stood at just 2.9 million sq m at the end of 2003. • Vacancy rates in the city’s best buildings remain very constrained, particularly in the more central locations. • A substantial amount of Grade A accommodation is scheduled to be delivered to the market at the Moscow City site in the west of the city. In total, the development is anticipated to bring 1.5 million sq m of office space to the market before the end of 2011. • Investment activity in the office sector continues to grow, with yields maintaining a downward trajectory. Prime yields in the office sector are now circa 10%. • Foreign investment into the Russian office market has been largely restricted to Moscow as the lack of investment grade product in secondary cities has limited outside investment. Competition for good quality stock in the city remains strong. 2 Moscow office market report • 2007 Knight Frank Moscow City (Moscow International Business Center) 19 18 19 18 17 1st Kras nogvardeysky proezd 16 1 20 Complete 14 15 12 13 Partially 11 8 7 6 Complete 1 2007 10 2 9 4 3 2008 Kra sno pres nenskaya naya naberezh 2009 Mos cow River 2010+ 0 Moscow city – developments Site Development Total size, sq m Office Component Status Completion 0 Tower 2000 61,057 50,000 Complete 2001 1 Expocenter 60,000 n/a Partially
    [Show full text]