KEMPINSKI Hotels has signed a cooperation agreement with Okan Holding, one of Kazakhstan's leading real estate development companies, covering Kazakhstan, Uzbekistan, Kyrgyzstan and Turkmenistan.
Kempinski Hotels and Okan Holding have already signed a management agreement for a new five-star luxury hotel in Almaty, Kazakhstan’s largest city with 2.8 million inhabitants, opening in 2008.
The Kempinski hotel will be part of a luxury complex in the exclusive Bostandík district. Kempinski is set to manage the modern 230-room hotel and serviced apartments, which will feature a conference centre with ballroom, business centre, several restaurants as well as a Spa and fitness centre. A separate office tower over 19 floors with 25,200sqm office space is planned. The complex will also house Almaty’s largest shopping mall, covering 45,000 sq m with space for some 140 upscale boutiques.
Okan Holding is also planning a mixed-used development in Kazakhstan’s capital, Astana, opening in 2008. The futuristic complex in the Mikrorayon district features a base podium with Astana’s largest shopping mall as well as an impressive business and convention centre. An office tower on 16 floors will offer 16,000 sq m of office space. A further two towers will be managed by Kempinski, one with exclusive private residences and another housing an all-suite luxury hotel.