O1 Properties

What O1 Properties does

O1 Properties is a Moscow-based commercial real estate investment company and one of the largest professional owners of Class A office space in the city, operating a portfolio of roughly 13-15 business centers totaling approximately 760,000 square meters of net rentable area. The portfolio spans prime locations and includes assets such as White Square, Ducat Place III, Vivaldi Plaza, Lighthouse, iCUBE, LeFORT, Silver City, Krugozor, and Aurora, with 90% of properties BREEAM-certified and all carrying the Russian Clover environmental standard. The company also co-developed Clover and maintains a UN Global Compact membership since 2019.

The business monetizes its portfolio through multi-year enterprise leases (average 1,500 sqm deals on 3-year terms) to large corporates including Big-4 firms, IT companies such as Yandex, manufacturers such as AVTOVAZ, and state-linked organizations. In 2024, the company signed 90,000 sqm of new leases plus 70,000 sqm of renewals against a portfolio vacancy of approximately 3%, while portfolio-wide rents rose 15-20%. Go-to-market combines a direct enterprise sales team with a dedicated leasing website (arenda.o1properties.ru). Adjacent revenue streams include facility management through the O1 Standard subsidiary and a flexible-office joint venture branded Space 1.

Ownership rests with Riverstretch Trading & Investments Limited, following a 2018 transfer; previously Goldman Sachs International and ICT Group held minority stakes. The company has tapped debt capital markets with a USD 350 million Eurobond (2016, 8.25% coupon) and ruble-denominated exchange-traded bonds totaling RUB 15 billion (2015) and USD 335 million (2017). The operating geography is exclusively Moscow, creating geographic concentration but a leadership position in the highest-quality tier of that market.

Name

O1 Properties

Legal name

O1 Properties Limited

Website

https://o1properties.ru

Company type

Private

Founded year

2013

Operating status

Operating

Headcount range

101–250 employees

Short description

O1 Properties is a Moscow-based private real estate investment company and one of the largest owners of Class A office space in the city, leasing approximately 760,000 sqm across 13-15 business centers to enterprise tenants including Big-4 firms, IT companies, manufacturers, and state-linked organizations.

Ownership category

akta.pro rank

Product category

Commercial Real Estate / Office Leasing

NAICS

Lessors of Nonresidential Buildings (except Miniwarehouses) (531120), Lessors of Real Estate (5311), Real Estate and Rental and Leasing (53)

SIC

Real Estate Operators (No Developers) & Lessors (6510), Operators Of Nonresidential Buildings (6512), Lessors Of Real Property, Nec (6519)

akta.pro primary industry

Office Real Estate Asset Management (BPAJAMAG)

akta.pro secondary industries

Office Property Management (BPAJAGAA), Office Tenant Representation (BPAJALAA)

Keywords

• Class A office leasing
• Commercial real estate Moscow
• Office property management
• Corporate office leasing
• Sustainable office space

Headquarters

HQ city

Moscow

HQ country

Russia

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Operations, Personnel, Infrastructure, Marketing or Sales, Technology or R&D

Revenue model

1. Office Space Leasing: Primary revenue from leasing Class A office real estate in Moscow business districts. Revenue based on long-term lease agreements with enterprise tenants. In 2024, new lease agreements covered 90,000 sqm with additional 70,000 sqm in renewals.
2. Property Management Services: Facility management and property services provided through O1 Standard subsidiary company, offering comprehensive building management to tenants

Pricing tiers

Go-to-market motion1 record

Distribution channels2 records

Marketing channels8 records

Core offering

O1 Properties owns and leases a portfolio of Class A office real estate in Moscow's main business districts, comprising approximately 13 business centers totaling around 760,000 sqm of net rentable area. The company generates revenue primarily through multi-year office lease agreements with large enterprise tenants, and provides integrated property management, facility services, and ESG/sustainability programs through its subsidiary O1 Standard.

Product overview

O1 Properties operates as one of the largest professional owners of Class A office real estate in Moscow, managing a diversified portfolio of approximately 13 business centers including White Square, Ducat Place III, Legend, Vivaldi Plaza, Stanislavsky Factory, Lighthouse, White Stone, LeFORT, Silver City, Krugozor, iCUBE, Bolshevik, and Aurora. The company offers space leasing services through these properties and has expanded into flexible office solutions via the Space 1 'office as a service' product, while also providing ESG and sustainability management services through its Green One Club tenant community initiative.

Differentiator

Problem solved

Functional benefit

Products and services

• Business Centers Portfolio A diversified portfolio of approximately 13 Class A and Class B+ office business centers in Moscow's main business districts, totaling around 760,000 sqm of NRA, leased to large enterprise tenants.
• Space 1 (Office as a Service) A joint flexible/serviced office product offering large customers ready-to-use office solutions within O1 Properties business centers.
• Green One Club A tenant community initiative for companies interested in green office topics, offering environmental efficiency improvements, joint eco-actions, green office practice sharing, and knowledge expansion about green office technologies.
• Leasing Services Office space leasing services for Class A business centers in Moscow, including new lease agreements and lease renewals for enterprise tenants, with an average leased office size of 1,500 sqm and average lease term of three years.
• Property Management Services (O1 Standard) Facility management, building operations, and sustainability certification advisory services delivered through the O1 Standard subsidiary across the O1 Properties business center portfolio.

Quantifiable outcome

• Vacancy rate reduced to ~3% in 2024 with several properties at 100% occupancy
• +3 more outcomes

Named customers8 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Nine partnerships are on record, tiered core and minor.

• TeDo (Technologies of Trust)coreStrategic or Co-development Partner · 1 October 2024Joint research partnership conducting studies on employee preferences for office space, hybrid work models, and workplace infrastructure. TeDo provides consulting services while O1 Properties contributes market expertise and tenant access.
• STONE HEDGEcoreStrategic or Co-development PartnerCo-founders of ARKN (Association of Commercial Real Estate Market Participants for Sustainable Development), a professional association promoting ESG practices in Russian commercial real estate.
• UN Global CompactcoreStrategic or Co-development PartnerO1 Properties is an office partner of the UN Global Compact in Russia since 2019, supporting the Sustainable Development Goals (SDGs), particularly Goal 12 (Sustainable Cities) and Goal 13 (Responsible Consumption).
• NMIK SSX im. A.N. BakulevaminorOthersMedical partner for blood donation drives. Mobile medical team conducts blood collection at O1 Properties business centers, with all donated blood directed to cardiovascular surgery patients.
• Fond Racionalnogo Prirodopolzovaniya (Ecological Fund)coreStrategic or Co-development PartnerNon-profit organization licensed for e-waste recycling. Partner in 'Electroautumn' and 'Electrospring' collection campaigns across O1 Properties business centers, processing 7+ tons of e-waste annually.
• Standard Property & Facility ManagementcoreImplementation/ SI/ Consulting PartnerProperty management company providing facility management services at O1 Properties business centers. Organizes e-waste collection events and environmental initiatives.
• Space 1coreStrategic or Co-development PartnerJoint venture partnership launching 'office as a service' product targeting large corporate customers. Space 1 operates serviced office spaces within O1 Properties portfolio.
• CBREminorImplementation/ SI/ Consulting PartnerSustainability certification consultant assisting with BREEAM certification processes for O1 Properties business centers.
• O1 StandardcoreOthersProperty management subsidiary company handling facility management and sustainability certification advisory services for O1 Properties portfolio.

Scale indicators9 records

Recent moves5 records

Expansion highlights5 records

Market position

Strengths4 records

Competitive moat5 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/channel/UCQLX6tjJjhtno5DxHAuGYXg
• Facebookfacebook.com/o1properties

Compliance6 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments1 record

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about O1 Properties