| 20 August 2007 |
 
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The City Mortgage Bank (Gorodskoy Ipotechny Bank), an affiliate of Morgan Stanley financial corporation, General Motors, TransTeleCom and Munich Reinsurance Company have become tenants of the Northern Tower business center in the Moscow-City.
Among other tenants are Raiffeisenbank, Hyundai Motor, agrochemical corporation Azot, Severstalavto, Torgoviy Kvartal.
Ludmila Omelchenko, General Director of ZAO Severnaya Bashnya, comments that around 70% of office premises have been leased. “We start marketing of the top floors of Northern Tower. We are certain that this offer would be attractive for companies that are in search for respectable and prestigious offices of premium class. The potential tenants will appreciate panoramic views of the city center and Moscow river”, notes Ludmila Omelchenko.
Innovative architectural solutions, excellent transport accessibility and multifunctional infrastructure are combined in the Northern Tower business center. The Third Ring Road passing by Northern Tower provides easy access to the business center from every part of Moscow. In addition, two new metro stations Delovoi Center and Mezhdunarodnaya offer convenient public access, as well.
The distinguishing feature of the business center is its 27-storied tower, with a spectacular atrium and panoramic elevators in its central part. The unique atrium’s design provides natural light for the office premises.
Apart from multilevel parking for 683 cars, Northern Tower will comprise a multifunctional conference hall, banking premises, several restaurants and cafes, Worldclass fitness center with a swimming pool, a professional dental clinic and a beauty parlor.
The Project team includes Severnaya Bashnya Company as Developer, Austrian Bau Holding Strabag AG as General contractor, Project Institute-2 as General planner. Interior designs of the building are carried out by ABD Limited. Leading commercial real estate consultants Colliers International and Knight Frank are co-exclusive marketing and leasing agents of the Project.
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