Storm Properties is pleased to announce the signing of a contract with Baker & McKenzie for legal services within the K2 Business Park.
November 2010
The company will provide legal services related to project leasing, including:
Preparation of a standard preliminary lease and lease contracts;
Negotiations with potential tenants, amendments to standard contracts;
Legal due diligence investigation of the corporate documents of potential tenants.
Michael Belton, President of Storm Properties, commented: "We are excited to work with Konstantin Kouzine on this project and execute the first leases for anchor tenants. We cooperated successfully on Krylatsky Hills Business Park and are confident that K2 will succeed as well".
"We've been working with the Storm Properties team for over 6 years on various office developments, - says Konstantin Kouzine, partner of Baker & McKenzie. - We are pleased that Storm Properties appointed us as legal consultants for the K2 Business Park. This is a major Class A project adjacent to Moscow and we are delighted to be involved in this exciting project".
About K2 Business Park
K2 Business Park is located on the Kaluzhskoye Highway to the south-west of Moscow, only 2 km from Moscow's MKAD ring road. The project will be the first international class A business park in the Moscow region and will benefit from its best-in-class specification, an international design team, an experienced developer, and institutional ownership. K2 adheres to sustainable design principles and will deliver a clean, environmentally conscious development.
Campus style business park:
97.5% - typical floor efficiency ratio
1:25 sq m - car parking ratio
9 m x 9.5m column grid
Convenient, extensive amenities including shops, cafes, ATMs, a bank
Close to Mega Mall
About Storm Properties
Storm Properties is one of the leading real estate developers in Moscow providing the full range of real estate development, investment and asset management services. Our core team has worked together for the past 8 years and has over 50 years' commercial real estate experience in total. We have successfully overseen the development of over 800,000 sq m of property across various classes and have won a number of prestigious real estate industry awards. Our experience of successfully developed projects is best-in-class: from shopping centers to residential developments, office blocks to business parks.
Storm Properties is the first Russian developer certified in accordance with the international standard for quality management systems ISO 9001:2008.
About Baker & McKenzie
Baker & McKenzie’s CIS Real Estate Practice Group has over 30 seasoned lawyers in our offices in Moscow, St. Petersburg, Almaty, Baku and Kyiv. Possessing extensive knowledge and experience in real estate law, they deal with the sale and purchase of real estate, construction and real estate financing and usage. In addition to their own expertise, they can call on the advice and support of their colleagues in 40 countries worldwide.
The company has been named Best International Law Firm of the Year in Russia by Chambers Europe in 2009, and by PLC Which Lawyer? in 2010. Baker & McKenzie has also been named Best for Legal Services Global in Euromoney's 2009 Real Estate Awards.
