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Almaty, June 30, 2009. Scot Holland | CBRE announced completion of the market research and preparation of recommendations regarding the reconstruction concept, as well as completion of the financial analysis of the "Zhetisu" hotel reconstruction project in Almaty.

Reconstruction of the ‘Zhetisu’ hotel is mainly a reconstruction of the existing structure. However the project also implies the construction of new structures. The most substantial would be the creation of a new inner yard structure, including underground parking, leasable retail space and other premises and facilities. The other new component implies the expansion of the first floor to include a number of boutiques and a fast-food outlet.

According to Mr. Duisengaliev, Director General at "Zhibek Zholy" company, «The report has been executed on a high level with a profound knowledge of the market and full coverage of all questions brought up. Financial estimates have been executed in highly professional manner, considering various scenarios of project development »
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