About

"Global Development" is one of the leading players in the Commercial Real Estate market in Kazakhstan and Central Asia. The Company was established in 2003 and for fifteen years has been managing nine business centers totaling almost 70,000 sq. m GBA in major cities in Kazakhstan (Almaty, Astana and Kokshetau). The Company "Global Development» has gained valuable experience through the successful completion of a number of office projects, which fulfill the high expectations of its tenants and meet the stringent requirements of international companies across all business sectors.

Global Development’s headquarters, 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 direct equity investments in private companies.

Verny Capital Group successfully maintains the following real estate assets:

• 70,000 sq.m of office space in Almaty, Astana and Kokshetau under Global Development’s management;
• Talan Towers, Astana: a mixed-use tower complex, comprising two towers, the first LEED-Gold standard commercial property in Kazakhstan;
• The Ritz-Carlton Hotel in Moscow (334 rooms);
• The Ritz-Carlton Hotel in Vienna (202 rooms);
• 5* RIXOS Borovoe, Kazakhstan (200 rooms);