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Thursday, July 5, 2007

DEOL Delivers New Office Project To The Market

DEOL Partners starts to offer new B+ office project for investing. Land plot (0.99 ha) is located on Kustanayskaya Str., Goloseevskiy district and leased for 5 years.

The projected office center consists of 3 building: 1st is 9-floors, 2nd and 3rd – 22-floors buildings. The complex total area is K78.6 sqm, with offices (exceed K55 sqm), corporate housing, retail, amenities, conference facilities. Project provides underground parking with total space as K12.8 sqm (316 parking lots).

Required investment amount of the project is estimated as USD 65 mln.

One of the weakness of the project is lack of infrastructure facilities in the area, i.e. (entertainment, supermarkets). Taking into huge demand in Kiev for offices A and B+ I guess this investment project should successful in mid-term forecast.