KIPROS Company Group and ADD Capital announce the completion of the transaction for the acquisition of a shopping gallery from Talan Towers project developer, Vernyi Kapital Company Group. The gallery, which is part of Talan Towers multifunctional complex, is located on three floors with a total lease area of 8,000 square meters.
Talan Towers, the new landmark of the capital, united the first luxury hotel in Astana The Ritz-Carlton, Astana, The Ritz-Carlton Residences, Talan Tower Offices class A business center and the shopping gallery, which is scheduled to open in mid-2019.
The anchor of the gallery is VILED Group, the leader in the Kazakhstan retail market of premium class. “With the arrival of the leading distributor of world brand luxury products at the shopping gallery, the conceptual content of our Talan Towers project has been completed. Now in the capital, the world’s collection of the best representatives of the hospitality and retail industry is gathered together under one roof”, commented Erlan Ospanov, the Director General of Vernyi Kapital Company Group.
The Director General of VILED Group Aigul Amirzhanova notes that Talan Towers shopping gallery will become the center of attraction for everyone who appreciates the service, an exceptional range and extraordinary character. The gallery will help expand the presence of global brands in the luxury segment in Astana, complementing the already existing portfolio by attracting additional international participants.
The VILED Company Group covers 2 main cities of Kazakhstan – Almaty and Astana, as well as Atyrau and Aktobe in perfumery and cosmetics. VILED Group officially represents in the Kazakhstan market the world famous brands such as Cartier, Van Cleef & Arpels, Graff, Tiffany & Co, Breguet, Harry Winston, Vacheron Constantin, de Grisogono, IWC, Bacarat etc. One of the key divisions of VILED Group in fashion retail represents Saks Fifth Avenue in Almaty – a premium chain of stores hailing from New York, which has been operating since 1898. VILED Group works with more than 140 exclusive international brands, including Gucci, Dolce & Gabbana, Valentino, Brioni, Kiton, Lora Piano etc. For the most part, exterior and interior of each brand boutique is presented on an exclusive basis, meets world standards and is designed taking into account the trends in the design of luxury salons.
Talan Towers is designed and built in accordance with international standards for sustainable building and with the use of advanced materials and technologies. The project investor is Vernyi Kapital Company Group, one of the largest direct investors in Kazakhstan. By acquiring controlling or significant minority stakes in companies of Kazakhstan and other CIS countries from private owners, the Group actively participates in their strategic and operational management.