Otrada
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The first acquisition of The Endurance Real Estate Fund - Residential Sub-fund in Russia is located in Otradnoe village, Krasnogorsky district of Moscow. It is approximately 5 km from the Moscow external ring MKAD (Moscow Automobile Ring Road).
The acquired portfolio is comprised of 10 new luxury villas (in Russian slang "dachas") on a 6 ha plot. The total rentable area is 2 830 m2. The construction of the first phase (building of villas) started in 2006 and completion is scheduled for January 2009.
The facilities include units comprising apartments, townhouses, a horse club featuring international competitions and a polo course. Furthermore a fitness centre, tennis court and SPA centre will be ready for use in 2009, along with a hotel and restaurant, children play rooms, guest parking and storage facilities.
Otradnoe village has great access to key locations around Moscow. The International Sheremetevo airport is only 15 km away. Le Meridien Golf Club, a British International School and an Anglo-American school are all within a 25 minute drive. An indoor down hill ski slope is under construction just 15 minutes from Otradnoe and Barvikha luxury Village (Dolce&Gabbana, Roberto Cavalli, Versace, Bentley, Ferrari, Bottega Venetta, Bulvgari, etc) is within a 30 minute drive. Crocus City Mall, with Moscow’s largest expo centre, shopping mall and most exclusive brands is also conveniently located 10 minutes away.
| Information | |
| Company | Endurance Fund |
| City | Otradnoe village |
| Region | Russia |
| Project type | Residential |
| Address | Otradnoe village, Krasnogorsky district |
| Handover | Q1 2009 |
| Number of units | 10 dachas |
| Rentable area | 2 830 m2 |
| Acquisition date | May 2007 |