Large Turkish construction companies have expressed interest in taking part in land auctions of Russian Housing Development Foundation (RHD), located in different regions including Moscow, Novosibirsk, St. Petersburg and Primorsky Krai.

The representatives of leading Turkish companies met the management team of RHD Foundation under the leadership of Foundation’s CEO Alexander Braverman.  During the meeting both sides comprehensively discussed the implementation of integrated development projects on Foundation’s land.

The likely partners discussed the potential of mutual collaboration in housing and other construction industries. The representatives of RHD Foundation briefed the Turkish businessmen about the advantages of investing in the housing project, building industry and other development projects in Russian territories.

The cooperation between RHD Foundation and Turkish companies has witnessed a dynamic development in the recent years. At the MIPIM 2013 Exhibition, a Memorandum of Understanding (MOU) was signed between RHD Foundation and a leading Turkish construction company. Turkish bank ISbank and several companies including Eroglu, Yenigun and Agaoglu are keen to participate in RHD Foundation’s auction.

Alexander Braverman said currently the RHD Foundation is planning to auction 33 plots of land in Russian regions. He said the portfolio of projects implemented in Foundation’s area is currently at 16 million square meters and overall there are 103 projects in 38 regions of the country.

RHD Foundation head further said that the Turkish companies have great experience, particularly in the construction sector, which is largely in demand in Russia.

“We are interested in cooperation with Turkish companies in the financial sector, namely, the Turkish banks. A comprehensive approach to a site development fund is priority for us “, he said, adding the Foundation is looking forward to working with investors from more countries.

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The recently-appointed senior partners of WV Coscolluela and Associates (WVCA) – twin brothers Gil and Gary Cosolulluela – are anticipated to take the 55-year-veteran firm to the bigger heights with their exceptional architectural skills.

WVCA’s senior principal architect William Coscolluela, who is also the father of Gil and Gary, said that the appointment of his sons will help the firm to develop attractive, reliable and innovative buildings in Philippines in forthcoming years.

Since its foundation in 1957, WVCA has developed countless luxury buildings across the Philippines but Zuellig Building is hailed as one of its greatest masterworks. Located at the crossroads of Paseo de Roxas and Makati Avenue, Zuellig Building was selected as one of the top three buildings in the “Best Office and Business Development” category of MIPIM Asia Awards 2012.

Zuellig Building is the first high-rise building project in the country that was pre-certified by the US Green Building Council at the LEED Gold level. Down to its superb-location, world-class design and distinctive frontage, Zuellig Building is expected to be premier business location in Metro Manila in future.

SM Aura Premier (Bonifacio Civic Center) at the Bonifacio Global City in Taguig, which is at verge of completion, the Unilab Corporate Offices on Williams Street, Mandaluyong City and P8.5-billion SM Seaside City Cebu, which has just got underway are some other superlative constructions of the firm, which has also participated in overseas projects in Singapore, China, Saipan, Malaysia, and Guam as design consultant.

Gil and Gary have studied in the separate architectural institutes around the country from primary school and up. Gil was previously involved in several projects including Joya Lofts and Towers, RCBC Plaza, Crowne Plaza and PCI Tower in Makati City while Gary’s previous work include the designing of Discovery Shores Boracay in Aklan province, Landmark in TriNoma and several other projects.

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