RD Management Assumes Management of Legenda Tsvetnogo Complex

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In April 2014 RD Management took on the role of the managing company for the multifunctional complex Legenda Tsvetnogo, situated at the intersection of Tsvetnoy Boulevard and Rozhdestvensky Boulevard in downtown Moscow.

According to the conditions of the agreement RD Management will be responsible for the operational management of the multifunctional complex.

Legenda Tsvetnogo has an office and a residential component and consists of three residential towers linked by a common stylobate which houses the Class A business center Legenda. The facility also has restaurants, cafes and a retail gallery. In total the complex includes 112,500 square meters of space (with parking). The office premises account for 40,000 square meters and the apartment blocks occupy 30,000 square meters. The office section of the Legenda Tsvetnogo complex belongs to the investment company O1 Properties.

“Legenda is one of the highest quality office real estate properties in Moscow. Its convenient location, stylish design created by renowned architects, and a large number of elite restaurants and boutiques make it very appealing for tenants of the highest class. This is why when dealing with the issue of management, we looked for a company which is capable of providing premium service and comfort,” says Alexander Ostrovsky, CEO of O1 Properties. 

“Today we see enormous interest on the part of owners in professional facility management. A professional management company is a mandatory component of a project’s success. We are confident that thanks to the quality of the concept and to the professionalism of our team in facility management, Legenda Tsvetnogo will reinforce its appeal for tenants and residents as well as to potential investors,” says Armen Sarukhanyan, General Director of RD Management.

ABOUT THE COMPANY

At present the portfolio of RD Management (part of RD Group) includes 14 Class A properties in Moscow. The area of the managed properties now totals more than 1 million square meters. Over the course of 2013 and early 2014 the company expanded is area under management by more than 500,000 square meters, with the addition of such properties as the luxury class shopping center Vremena Goda and business center Comcity. After several years advising on the project, RD Management assumed the facility management role for the hotel and business center Park Pobedy.  

RD Management also provides services directly to the tenants – leading companies across a broad spectrum of industries. Such clients include The Bank of Tokyo-Mitsubishi, Boeing, Credit Suisse Bank, Raiffeisenbank, Sotheby’s, Sberbank CIB, BMW Group, Kaspersky Laboratory and others.