January 26, 2015

O' KEY's first warehouse in Novosibirsk to open at PNK-Tolmachevo

O' KEY's first warehouse in Novosibirsk to open at PNK-Tolmachevo

O’KEY, one of Russia's leading food retailers, has signed a leasing contract for 13,900 sqm in the A+ class warehouse complex PNK-Tolmachevo by PNK Group. PNK-Tolmachevo was chosen because it was the only warehouse property meeting all the requirements of the tenant in terms of location, quality and efficiency. Cushman & Wakefield represented the owner of the warehouses and the premises have already been passed over to the new tenant.

‚Ä®Oleg Mamaev, Executive Director, PNK Group, commented: “This agreement can be seen as an additional evidence of the fact that the current crisis in the Russian real estate market is actually the right time to invest in high-quality warehouse infrastructure, which is one of core aspects of the efficient business. We see that the most successful companies, like O’KEY food retailer, have the same vision and are choosing the best solutions from professional property developers.”

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