05. September 2012     Print Print 

C&W wins the facilities management mandate of the Lotte complex

Cushman & Wakefield has won the instruction to manage the operations of the Lotte multifunctional complex located in the center of Moscow at the junction of the Garden Ring and New Arbat Avenue. Previously Cushman & Wakefield had announced the expansion of its Facilities Management business in Russia.


Cushman & Wakefield will provide full Facilities Management services to include planned-preventative maintenance of all engineering systems (heating, ventilation, air-conditioning, automation control, security, fire-fighting, electrical and lighting, water supply, sewerage and elevators), conducting repairs of engineering equipment and common areas of the property and 24/7 coverage for emergencies. Lotte, one of the largest “A” class multifunctional complexes in Moscow, is a 21-storey building with a total area of 79,000 sq. m. The property is occupied by large international companies such as BP Trading, Bain & Company, Kuehne+Nagel, The Walt Disney Company and Tele 2. The developer and owner of the building is Lotte Rus, the Russian branch of Lotte Co., Ltd., a leading South Korean multinational company.

This is the second mandate that Cushman & Wakefield has secured with Lotte Rus. In April 2012 the firm was appointed as leasing agent for Lotte Business Centre, located in the South-West of Moscow on Profsoyuznaya 65 next to Kaluzhskaya metro station. Sergey Riabokobylko FRICS, CEO of Cushman & Wakefield, Russia comments: “Winning the mandate for the facilities management of one of Moscow’s landmark properties confirms the strength of our recently expanded Facilities Management team”.