| 6 November 2008 |
 
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International consulting company Knight Frank has signed a contract with Park Huaming LLC to provide full scope consultancy services on optimization of a project concept.
Total area of the complex is approximately 200 000 sqm. “Park Huaming” complex can be divided into 3 parts: gardens and park zone with traditional Chinese halls and arbors occupying 8.2 hectares on plot №1; on the other two plots there will be built two modern high rise buildings. The complex is conveniently situated in the North-East of Moscow, V. Pika str. This district has great office development potential for the economical growth and transport infrastructure development. The complex will become a landmark of North-East of Moscow, considering the lack of high quality office spaces and hotels. Due to the availability of “Botanichesky Sad” metro station and construction of the 4th Transport Ring, “Park Huaming” can be easily reached by car or public transport.
Two towers of this multifunctional complex with the height of 42 and 20 floors will include business centre with A class office spaces, 5-star hotel, apartment hotel, banquet and conference halls, exhibitions halls, retail, entertainment and fitness centers. Advanced infrastructure of “Park Huaming” also includes underground parking.
Knight Frank will provide recommendations for the project development at a design and construction stages in terms of proper future property management of the complex. During this stage Knight Frank will also provide consultancy to ensure effective property management once the project completed.
Dmitry Filin, Director, Property Management department of Knight Frank:
“Working on the projects of such level and size is always very exciting. On top of that, among various properties on the Moscow real estate market, “Park Huaming” is distinguished by its unique Eastern concept. This project represents a fusion of modern and traditional Chinese architecture and culture and high-tech engineering solutions”.
China Huaming International Investment Corporation
China Huaming International Investment Corporation (CHMIIC) was established in September 2002 by the initiative of Chinese State Council to enhance the development of the economical partnership between Russia and China and to develop a new project of Chinese Business Center in terms of inter-governmental agreement. The name of the company “Huaming” can be translated from Chinese as “the best from China”.
The founders of CHMIIC are Chinese state oil and gas corporation CNPC, Chinese national food corporation COFCO, Chinese industrial company “Great wall”, Chinese export and import high-precision devices company.
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