Press
The Largest Logistics Park in Tatarstan and the Upper Volga Region Has Begun Its Construction
Construction has begun on a new Class A logistics park - Q Park Kazan. It is the largest warehousing project in Tatarstan. The project is located 25 km from the center of Kazan in close vicinity to the International Airport and Ring Road. The project comprises three phases with a total area of 230,000 sq m. The Developer of the project, RDS Developments together with the Investor, Quinn Group plan to invest more than 100 million dollars (USD). Jones Lang LaSalle is acting as the exclusive marketing agent of the project.
Q-Park Kazan will use all contemporary construction and engineering technologies and its infrastructure will include parking for cars and trucks, guarded perimeter fencing, 24-hour security, an on-site employee shuttle service, truck driver facilities, mezzanine storage and office space. The park has easy access to all major highways including those to Moscow, Yekaterinburg, Samara, Perm, Chelyabinsk, Nizhniy Novgorod and Ufa. The first phase of 69,120 sq m is planned to open in the third quarter of 2007, with phases two and three opening in 2008.
Anna Stawny, Head of Warehousing and Industrial Department at Jones Lang LaSalle said: "Q-Parks Kazan is a unique warehousing project for several reasons: firstly, it is backed by a professional, international team and experienced developers, secondly, this is the first large-scale project in Tatarstan and the Upper Volga Region, and thirdly, Kazan is one of the most attractive cities in Russia for companies, planning to extend their business into Russia's regions."
For further information, please contact:
Natalia Ivanova, PR-Manager
Jones Lang LaSalle
Kosmodamianskaya nab.,
52 build 3
Moscow
Russia
Telephone : +7 495 737 80 00
Email : Natalia.Ivanova@eu.jll.com
Quinn Group
With its head office in Ireland the Quinn Group is a multinational organization with substantial interests in a range of diverse industry sectors throughout Central and Western Europe including financial services, hotel & property management, cement production and the manufacture of related concrete products. It is a market leader in Ireland and the UK in the production of container glass products for the drinks and food trade and is a major provider of building insulation products. It is also a market leader on a European wide basis in the supply of heating radiators and also for the production of industrial and domestic plastics. In line with its mission of ongoing diversification the Group is now substantially extending its commercial property portfolio in Russia and the CIS. Its portfolio already includes both revenue generating and development projects in a range of commercial sectors including: hotel, office, retail and logistics & warehousing. Having managed the construction of some of the most modern manufacturing facilities across Europe, the Group has significant experience in the building of large scale industrial units.
RDS Developments
RDS Developments is a development company based on international best practices in real estate development, concentrating on two sectors, namely warehousing/logistics and hospitality. With its main office in Moscow, Russia, the management of the company has been at the forefront of the emerging real estate market in Russia and the CIS since 1998. The company has embarked on a strategic development program of logistics centers, concentrating primarily in the regions of Russia including Q Park Kazan which will be the largest logistics development in the city to date. Each development has been planned to incorporate the latest demands from international and national logistics operators and tenants whilst maintaining flexibility for future changes in the industry.
Jones Lang LaSalle
Jones Lang LaSalle (NYSE: JLL), the only real estate money management and services firm named to Forbes magazine's Platinum 400, has more than 100 offices worldwide and operates in more than 430 cities in 50 countriesWith 2005 revenue of approximately $1.4 billion, the company provides comprehensive integrated real estate and investment management expertise on a local, regional and global level to owner, occupier and investor clients. Jones Lang LaSalle is an industry leader in property and corporate facility management services, with a portfolio of 966 million square feet/90 million square metres worldwide. In 2005, the firm completed capital markets sales and acquisitions, debt financings, and equity placements on assets and portfolios valued at $43 billion. LaSalle Investment Management, the company's investment management business, is one of the world's largest and most diverse real estate money management firms, with approximately $37 billion of assets under management. In Russia and CIS Jones Lang LaSalle have offices in Moscow and St. Petersburg, Kiev and Almaty. Jones Lang LaSalle, Russia voted Consultant of the Year in 2004 and 2006 at Commercial Real Estate Awards.For further information, please visit www.joneslanglasalle.ru
- ends -
