Industrial warehouse complex «А-park» expands with new premises

Espro Group finished its works in regard of the new industrial premises within the “A-park” project in Kaluga. The project was implemented on a built-to-suit principle. Visteon – a international company that specializes in manufacturing car parts, which is a resident of the industrial park was the customer.

“This project is an important stage in the cooperation with one of ours residents in A-Park. One of the elements of the new industrial block is a modern quality control plant. Faults and errors are unacceptable for the business course of Visteon – comments Ivan Potekhine, “Espro Management” CEO. – For us it is delightful, that due to increasing requests of the complex residents we are always keeping up with a high-standard of the project, which we have set from the very beginning.”

“A-park” industrial complex is one of the projects in Russia, which is fully implemented on a built-to-suit basis. It is located within the Kaluga city boundaries in the “Grabtsevo” industrial zone, next to the Volkswagen factory. The total area of the land plot is 20 hectares.

In 2010 Phase-1 the project was implemented, which brought “A-park” the title of the best industrial complex within the scope of the federal CRE Awards’2011.

“A-park” residents are car components manufacturers, which are highly valued on the world market. Several years after the location in A-park our residents expanded the number of their customers and now supply it not only to the Volkswagen facility, but also to factories of other car manufacturers that operate on the Russian market.

“A-park” is located close to the M-3 “Ukraina” federal highway, A-101 “Moscow – Roslavl”, P-132 “Kaluga – Tula – Ryazan”, close to the ring road. On the premises there are all necessary conditions for the organization of various productions. A developed engineering infrastructure allows providing the client with any necessary capacities as well as the close proximity of the Kaluga city that allows attracting qualified employees. The project envisages construction of warehouse premises for logistics operators, distributors, retailers, manufacturing companies and other.

Children’s theme park will be opened in Moscow

Espro Group announced the opening of the Mastergrad children’s theme park in St. Petersburg. A park called Mastergrad with the total area of 5,400 sq. m will be opened in the PITERLAND multifunctional shopping and entertainment mall. A lease agreement was signed for a 10-year term. Jones Lang LaSalle acted as an advisor of that transaction. Espro Group schedules the park opening for the end of the Q IV 2012 – beginning of the Q I 2013. The project budget is about €10.5 million, the payback period is 7 years.

Russia’s first children’s theme park to be opened later this year

Espro Group has announced the opening date and location of Masterslavl children’s theme park. The park with a total area of 6 000 sq.m will be located in the Evolution Tower shopping center in Moscow. The lease agreement has been signed with City – Palace Company for a period of 10 years. Cushman & Wakefield acted as the consultant for the transaction. Masterslavl is scheduled for opening in Q4 2012. The project’s total budget amounts to 10,5 mln. EUR, the payback period is 8 years.

Business center on 8th of March Street is fully leased

Espro Group has finished filling up with tenants the business center on 8th March Street. A long-term lease agreement was signed with the Delta company that occupied the last free storey of the building whose area is about 370 sq. m. The main kind of the company business is real estate security services.

A-park is the greenest industrial project

The A-park industrial project that is being implemented by Espro Group in the city of Kaluga became the winner of the all-Russia ecological development and energy efficiency competition Green Awards. The project won in the nomination of Industrial Real Estate. The competition was held within the scope of the international investment PROEstate forum.

Eastern Industrial park is fully leased

The Eastern (Vostochny) Industrial park the developed by Espro Development is fully occupied by tenants. Long-term lease agreements were signed with Roto Frank, Sanitec, Central Division, Ontex RU, X5 Retail Group, and UPM companies.

Espro Group won the Commercial Real Estate Federal Awards

On June 30, 2011 Espro Group won the Commercial Real Estate Federal Awards in two nominations at once. The company received the Golden Brick as the 2011 best developer and the А-park project in Kaluga was declared the best industrial complex commissioned in 2010.

Espro Group launched a new project

Within the partnership of the Espro Group and Kaluga Region Development Corporation the parties launched a new joint project V-park that will be situated in the territory of the Rosva Industrial park (the settlement of Rosva, the Kaluga region). At the first stage a production building is supposed to be constructed for the first project resident – Faurecia, a French company. A plant with the total area of 14,200 sq. m is planned to be erected on a 2.8 ha land plot. The estimated amount of investments in the project is about €9 mln. The scheduled deadline for the complex commissioning is the QII 2012. The project will be carried out on the built-to-suit principle, i.е. in accordance with the customer individual needs.