"Global Development" are one of the leading players in the Commercial Real Estate market in Kazakhstan. The Company was established in 2003 and has been managing business centers in major cities in Kazakhstan (Almaty, Astana and Kokshetau), for twelve years. With a portfolio comprising 10 business centers totaling almost 70,000 sq. m GBA, Global Development is one of the largest and most prominent landlords in the Central Asian commercial real estate market.
The company has gained valuable experience through the successful completion of a number of office projects, which fulfill the high expectations of our tenants and meet the stringent requirements of international companies across all business sectors.
Global Development’s HQ, and flagship business center, is located in Almaty - Park View Office Tower, 77 Kunaeva Street.

Global Development is a wholly owned asset of Verny Capital, which is one of the largest private equity firms in Kazakhstan specializing in making direct equity investments in private companies.

Verny Capital Group successfully maintains the following real estate assets:

• 55,000 sq. m of office space in Almaty, Astana and Kokshetau under Global Development’s management
• Talan Towers, Astana: a mixed-use tower complex, which will be the first LEED-standard commercial property in Kazakhstan upon completion in 2017
• The Ritz-Carlton Hotel in Moscow (334 rooms)
• The Ritz-Carlton Hotel in Vienna (202 rooms)
• 5* RIXOS Borovoe, Kazakhstan (200 rooms)