COMPLETION OF A MARKET ANALYSIS FOR THE “HIGHVILL” PROJECT (ASTANA)

23.11.09

Almaty, 23 November 2009 - Scot Holland | CB Richard Ellis has announced the completion of a Market Analysis and Project Overview Report for the ‘Highvill’ mixed-use project in Astana. “Highvill” is the first South Korean development company to start the construction of a large-scale Elite residential project in Astana. The Company is a recognized construction market leader in South Korea, with more than 10 years of successful track record. The Market Analysis Report was prepared for the purpose of securing additional project funding from a consortium of banks. The senior management of Highvill Kazakhstan have found the report to be in line with the current market situation, and have appreciated the high level of professionalism of the Scot Holland | CBRE Kazakhstan team.

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