MIRAX GROUP and Jones Lang LaSalle have entered into a cooperation agreement.
According to the agreement signed by the parties for a period of three years, Jones Lang LaSalle specialists will provide CJSC Federation Tower Management services in the field of marketing and sublease of space located on the lower (-2, -1 and 1) floors of the Federation business complex.
At these levels there will be a luxury shopping and entertainment center “Grand Life Complex” with a total area of 5805 sq.m. The shopping center will be decorated in the same style by the designers of the YabuPushelberg company.
On the -1st floor there will be a unique control room: all control panels for the support systems of the Federation complex will be concentrated in it.
It will be located in such a way that particularly curious visitors to the tower will be able to watch the operators at work. A special area is planned to be located on the -2nd floor of the complex, where it will be possible to purchase tickets to visit the observation deck located on the upper floors of the Federation.
Today, the MIRAX GROUP corporation is one of the ten largest development companies not only in Moscow, but also in Russia.
Currently, the corporation’s portfolio includes more than 5.5 million sq.m. already built and still under construction real estate of both business and premium classes.
At the end of 2006, MIRAX GROUP entered the Kyiv real estate market.
The financial indicators of MIRAX GROUP corporation show stable growth from year to year. Annual revenue growth was 300%: $845 million in 2006. versus $275 million in 2005 Investments in projects amounted to $828 million.
Forecast for 2007 – 1087 billion dollars, and about 20% will be provided by new projects. The estimated value of the corporation’s business today is about $4 billion.
In 2006 Leading international agencies Moody’s Investor Service and Fitch Ratings assigned the corporation high credit ratings — B2 and B, respectively (outlook “Stable”).
The choice of Jones Lang LaSalle as a partner for cooperation was not accidental. It is the only real estate company to be named one of the «100 Best Companies to Work For» and Forbes magazine’s «400 Best Large Companies» list. It has over 150 representative offices operating in markets in more than 450 cities in 50 countries.
Company turnover in 2006 amounted to about 2 billion dollars. Jones Lang LaSalle provides comprehensive real estate and wealth management services locally, regionally and globally to property owners, occupiers and investors. Jones Lang LaSalle is a market leader in corporate real estate management services — the company’s portfolio is more than 92.9 million square meters worldwide.
In 2006 The total volume of acquisitions, sales and financing transactions concluded by Jones Lang LaSalle amounted to 70.9 billion dollars.
LaSalle Investment Management (investment management division), managing assets valued at approximately 40, 6 billion dollars, is one of the largest and most diversified in the world.
In Russia and the CIS countries, Jones Lang LaSalle has representative offices in Moscow, St. Petersburg, Kyiv and Almaty. At the annual “Commercial Real Estate Awards” (Russia) held in 2004, 2006 and 2007, the company was recognized as the best in the “Consultant of the Year” category.