Real Estate Management and Development
Company Overview of O1 Properties Plc
O1 Properties Plc owns, acquires, develops, and manages a portfolio of office properties in Moscow. The company was founded in 2010 and is based in Moscow, Russian Federation.
26 Valovaya Str.
Founded in 2010
Key Executives for O1 Properties Plc
Chief Executive Officer, General Director and Director
Chief Financial Officer and Director
Chief Investment Officer and Director
Director of Communications
Chairman, Chairman of the Management Board and Head of Executive Committee
Compensation as of Fiscal Year 2014.
O1 Properties Plc Key Developments
O1 Properties Announces Consolidated Earnings Results for the Year 2013
Jul 16 14
O1 Properties announced consolidated earnings results for the year 2013. For the year, the company’s net rental income increased by 103% to $292 million compared to 2012. More than doubling of the net rental income was due to new acquisitions as well as the letting of vacant space in the projects completed in 2012, namely Vivaldi Plaza and Lighthouse. As of December 31, 2013, the company’s portfolio of investment properties was valued at $4.2 billion. The net profit of the company increased from $66 million in 2012 to $232 million in 2013.
O1 Properties and WPP Group Sign Long-Term Lease for Office Space in Lesnaya Plaza Business Center
Jan 21 14
O1 Properties announced that it had signed 7-year lease contract with WPP Group advertising and communications holding company for 3,500 sq. m of office space in Lesnaya Plaza Business Center. Lease has been taken for two WPP Group companies - Geometry Global that will have 2,323 sq. m on the 9th floor and Ogilvy & Mather that will take up 1,219 sq. m on the 8th floor. BC Lesnaya Plaza is an A class office complex located in the Central Administrative District of Moscow at 4 Fourth, Lesnoy Lane, within 3 minutes walk of the Byelorusskaya metro station. The neighbouring streets include Butyrsky Val, 1st Tverskaya-Yamskaya street, and Leningradsky prospect. The distance to the Third Transport Ring is 1.4 km.
Midland Reportedly Signed Agreement Of Intent To Acquire Diamond Hall
Dec 4 13
Midland Development Company signed an agreement of intent to acquire The Diamond Hall Business Center of O1 Properties Plc, reports Vedomosti. The Diamond Hall Business Center complex is estimated at $220 - $235 million. According to SKRIN Market & Corporate News, representatives of Midland Development, Colliers International and Jones Lang LaSalle (latter two being consultants) declined to comment.
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