vvv company

VVV Company and London & Regional Properties Fund have signed a 750 million USD joint venture deal

Moscow, 15/2/2007: VVV Company, a leading developer and operator of warehousing facilities within the Russian Federation, has signed a joint venture agreement with London & Regional Properties Fund to develop high-grade stand alone warehousing/logistics parks within selected Russian Regions.

London & Regional Properties (L&RP) will invest 750 million USD in a program managed and operated by VVV Company to develop a 1 million M2 “network of warehousing” in pre-selected regions. The “Regional Roll-Out” is one of the most ambitious expansion projects for regional warehousing within the Russian Federation.

It will add to the overall infrastructure improvement and economic development of the regions. VVV Company’s commitment to warehousing development will accelerate the expansion of the regional logistics industry, attract further investment and development in all real estate sectors, and create employment opportunities.

VVV Company’s managing partners, Vladislav Stanislavsky and Wladimir Singer, have marked the regional expansion program as a priority to maintain the company’s successful growth.

The logistics parks will vary in size and property specifications, based on each Region’s immediate and projected demand. The property mix will also include dry storage and refrigerated warehousing facilities. Development will commence simultaneously in several of the pre-selected regions, first in Saint- Petersburg. Within the first year of the Joint Venture, construction will commence on more then 300,000 M2.

For the last 15 years, VVV Company has provided integrated warehousing solutions and logistical support to an array of domestic and international tenants of any type.

London & Regional Properties is confident the joint venture project with VVV Company will be a success.

VVV Company

VVV Company is one of Russia’s leading warehousing development, ownership and management companies, specializing in both dry storage and refrigerated terminals.

Since 1993, VVV Company has developed, leased and/or operated over 400,000 M2 of multi class industrial warehousing facilities in and around Moscow.

VVV Company successfully combines Russian management skills with Western-style operations & work ethics experience to provide effective warehousing solutions to national and multinational tenants alike.

London & Regional Properties

London & Regional Properties is one of the largest foreign investors in the emerging Russian property markets. Over the last year London & Regional Properties has completed ten investments in Russia in transactions, with a combined investment value in excess of $1 billion.