O1 Properties wins Lease Deal of the Year at CRE Awards 2017

May 2, 2017. O1 Properties has won first prize for Lease Deal of the Year at Russia’s prestigious Commercial Real Estate Awards 2017. The prize-winning transaction was for the lease to the Russian internet company, Yandex, of 10 333 sq. m. of office space at the Avrora business park*. The deal was brokered by Colliers International.

The Yandex transaction was the largest take-up of office space at Avrora business park since the property came under management by O1 Properties. It was also one of the two largest leasing transactions on the Moscow office market in 2016.

Pavel Barbashev, the Head of Asset Management and Leasing at O1 Properties: "We are pleased that we have been able to offer a tenancy on satisfactory market terms at one of the most prominent and high-quality business centers in the Russian capital and we thank the jury for its appreciation of our work."

O1 Properties has now won a total of six CRE Awards in recent years. These include two “Golden Bricks” in the Class-A Business Center nominations (for the Lighthouse center in 2013 and Olympia Park in 2012), as well as Purchase Deal of the Year on two occasions (for White Square in 2013 and purchase of the Horus property portfolio in 2011). Dmitry Mints (Chairman of the Board of Directors of O1 Properties) was acclaimed Person of the Year at the CRE Awards in 2013.

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