Talan Towers

What Talan Towers does

Talan Towers is a mixed-use luxury real estate complex located in Astana, Kazakhstan, developed and operated by Astana Property Management, a member of the Verny Capital group. Situated within the Astana International Financial Centre (AIFC) special economic zone, the development integrates Class A offices, a 157-room Ritz-Carlton hotel (with 32 suites), 27 Ritz-Carlton Residences, an 8,000 sqm luxury retail gallery (TALAN Gallery), a 1,276 sqm serviced office hub (Executive Hub), and restaurants including Mökki, Өzen, and Selfie Astana, plus a Starbucks Reserve Bar (the first in Kazakhstan). Architecture was led by Skidmore, Owings & Merrill (SOM), and the development received LEED Gold certification in April 2018.

The complex generates revenue through multiple streams: office and serviced-office leasing, hotel room and F&B operations, branded residential sales and recurring fees, and retail gallery rental income (the retail gallery was divested in 2019 to VILED GROUP/KIPROS/ADD Capital). Customer segments span corporate office tenants, transient luxury travelers, high-net-worth residential buyers, and international luxury retail brands. The asset is privately held by Verny Capital and operates as a flagship integrated property within Kazakhstan's primary financial and political district.

Technology at the property consists of standard smart-building automation and energy management systems; the asset is a real estate operation rather than a technology company, and no proprietary AI/ML capability is documented in the available data.

Name

Talan Towers

Legal name

Talan Towers

Website

https://talantowers.com

Company type

Private

Founded year

2017

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Talan Towers is a luxury mixed-use complex in Astana, Kazakhstan, operated by Verny Capital group entity Astana Property Management. It combines a 157-room Ritz-Carlton hotel, 27 branded residences, Class A offices, serviced offices, and retail gallery, serving corporate tenants, luxury travelers, and HNW residents within the AIFC special economic zone.

Ownership category

akta.pro rank

Product category

Mixed-Use Real Estate Development

SIC

Hotels & Motels (7011), Operative Builders (1531)

akta.pro primary industry

Integrated Full-Service Hotel Complexes (Mixed-Use) (THAGAAAL)

akta.pro secondary industries

Urban Luxury Hotels (City Luxury) (THAGACAE), City/Urban Convention Hotels (THAGALAA)

Keywords

• Mixed-use real estate
• Luxury hospitality services
• Class A office leasing
• Branded residential property
• Premium retail gallery

Headquarters

HQ city

Sultan

HQ country

Kazakhstan

HQ region

Asia

Offices1 record

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

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

Distribution channels3 records

Marketing channels3 records

Core offering

Talan Towers is an integrated mixed-use real estate and hospitality complex in the heart of Astana, Kazakhstan, combining Class A international-standard office leasing (including the Executive Hub serviced offices), the five-star Ritz-Carlton Astana luxury hotel with spa and restaurants, 27 Ritz-Carlton Residences luxury apartments, and the TALAN Gallery retail gallery hosting 30 luxury boutiques. The complex is managed by Lynks Property Management and operates within the AIFC special economic zone offering preferential tax treatment for registered business tenants.

Product overview

Talan Towers is a mixed-use multifunctional complex in Astana, Kazakhstan, developed by Astana Property Management (part of Verny Capital group). The complex comprises several distinct offerings: Talan Towers Offices (Class A international-standard office spaces with Executive Hub serviced offices), The Ritz-Carlton Astana (157-room five-star luxury hotel with spa, conference facilities exceeding 1400 sqm, and three restaurants: Mökki, Өzen, and Selfie Astana), The Ritz-Carlton Residences Astana (27 luxury apartments with hotel privileges), and TALAN Gallery (8,000 sqm retail gallery with 30 luxury boutiques including Starbucks Reserve Bar). The complex also includes Rabbit Canteen cafe. Talan Towers is the first and only LEED Gold certified building in Kazakhstan.

Differentiator

Problem solved

Functional benefit

Products and services

• Talan Towers Offices International Class A office spaces located at the heart of Astana's business center, managed by Lynks Property Management with developed infrastructure, security and fire safety services, and modern 500-space parking. Offers ready offices and shell-and-core space with 90% natural light access and only 15% space-utilization loss ratio.
• The Ritz-Carlton, Astana The first five-star luxury hotel in Astana with 157 rooms including 32 suites offering panoramic city views, conference facilities exceeding 1,400 sqm, three restaurants, a spa with 320 sqm gym, 120 sqm swimming pool, and event spaces for business and ceremonial functions.
• The Ritz-Carlton Residences, Astana Twenty-seven luxury apartments offering unique style and luxury interior with privileges of The Ritz-Carlton international hotel, including concierge services, housekeeping, and access to five-star hotel infrastructure.
• TALAN Gallery Premium retail gallery with 8,000 sqm Gross Leasable Area connecting the two towers of the Talan Towers complex, hosting thirty luxury and premium boutiques featuring world-renowned designer brands including Loro Piana, Valentino, Dolce & Gabbana, Brunello Cucinelli, Tiffany & Co., and Chopard.
• TALAN Towers Executive Hub Ultra-modern serviced offices in club-format concept offering ready representational offices for short-term lease and meeting spaces, with a total area of 1,276 sqm, allowing clients to focus on work and pay only for occupied space.
• The Ritz-Carlton Spa Modern spa complex offering wellness procedures with renewing and healing properties, featuring a 320 sqm gym with Technogym ARTIS equipment, yoga studio, dry and steam saunas, 120 sqm swimming pool, and jacuzzi.
• Mökki Restaurant Main restaurant of The Ritz-Carlton, Astana located on the third floor, offering excellent cuisine with a varied wine list, business lunches on weekdays, themed brunches on first and third Sundays, and Chef's Table experiences with Executive Chef Frank Koppelkamm.
• Өzen Restaurant/Lounge Lobby lounge at The Ritz-Carlton, Astana on the ground floor offering a wide range of natural organic products and signature cocktails created by bartenders.
• Selfie Astana Restaurant with distinctive cuisine located on the 18th floor of The Ritz-Carlton, Astana offering a luxurious interior and panoramic city views.
• Starbucks Reserve Bar First concept coffee-bar in Kazakhstan within TALAN Gallery, offering alternative brewing methods (pour-over, siphon, Chemex) using Clover and Black Eagle espresso machines with Reserve Microblend grounds, featuring Kazakh-inspired interior design.
• Rabbit Canteen Cafe located on the third floor of Talan Towers Offices offering a versatile menu with democratic prices and stylish interior, with walls decorated by paintings from American artist Pascal Campion depicting eternal human values.

Quantifiable outcome

• 90% of floor area has access to natural light in ready offices
• +2 more outcomes

Named customers13 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

Seven partnerships are on record, tiered core and minor.

• The Ritz-CarltoncoreOEM/ Whitelabel/ Licensing Partner · 3 June 2017The Ritz-Carlton operates the five-star luxury hotel within the Talan Towers complex. The hotel brand also manages The Ritz-Carlton Residences, providing branded residential services including concierge, housekeeping, and access to hotel amenities. The Ritz-Carlton is known for its ideology, values, philosophy and culture, with the famous message 'Let Us Stay With You' encapsulating its commitment to creating lifelong memories for guests.
• SOM (Skidmore, Owings & Merrill LLP)coreStrategic or Co-development PartnerAmerican architecture firm SOM designed the Talan Towers complex. Founded in 1936, SOM has completed over 10,000 projects in 50 countries and is responsible for world-famous skyscrapers including Burj Khalifa, John Hancock Center, Trump Tower, and World Trade Center. Talan Towers was SOM's first project in Astana. The firm has received the American Institute of Architects' Architecture Firm Award twice and has been recognized with the Pritzker Prize.
• Richmond InternationalcoreStrategic or Co-development PartnerBritish interior design studio Richmond International, founded in 1966, designed the hotel interiors. The firm has a strong reputation for designing fashionable residences and exclusive hotels and restaurants, having created multiple projects for The Ritz-Carlton hotels globally. In Astana, the design incorporates local Kazakh colors and uses only the finest quality marble and wood materials.
• Pringle Brandon Perkins +WillcoreStrategic or Co-development PartnerBritish architectural firm specializing in office interior design and commercial architecture in the UK and EMEA region. The firm has worked on office interiors for Microsoft, Google, Coca-Cola, Siemens, Unilever, and Bank of China. Their design for Talan Towers Offices focuses on maximizing natural light and creating a spacious, freedom-felt environment with versatile and convenient design.
• CallisoncoreStrategic or Co-development PartnerBritish creative architectural agency Callison designed the retail gallery (originally called EMPORIUM). The agency created a dynamic space reflecting the philosophy of luxury and hospitality, with planning and design meeting international standards for premium retail real estate.
• Lynks Property ManagementcoreImplementation/ SI/ Consulting PartnerProfessional property management company providing high-level services at Talan Towers Offices, including building operations, security and fire safety services, and infrastructure management.
• VILED GROUP / KIPROS / ADD CapitalminorChannel Partner/ Reseller/ DistributorVILED GROUP, in partnership with KIPROS and ADD Capital, acquired the TALAN Gallery retail space from the Talan Towers developer. The three-level retail gallery spans 8,000 square meters with 30 luxury boutiques.

Scale indicators10 records

Recent moves5 records

Expansion highlights2 records

Direct peers

• Hilton Astana: International full-service hotel in Astana with conference and banquet facilities, competing directly with The Ritz-Carlton for both transient corporate and group/event business. Comparable as a same-city upper-upscale competitor with substantial MICE infrastructure.
• St. Regis Astana: Marriott's other luxury flag in Astana, directly competing with The Ritz-Carlton Astana for luxury hotel guests, F&B, and events. Comparable as a same-city, same-segment competitor targeting the same corporate, leisure, and HNW traveler pool in Kazakhstan's capital.
• Park View Office Tower (Almaty): Same developer (Verny Capital) Class A office tower in Almaty, Kazakhstan, with high BREEAM certification. Most directly comparable as a sister asset targeting premium corporate tenants in Kazakhstan's other major city, sharing ownership and operating philosophy with Talan Towers.
• PRIME Business Park (Almaty): Verny Capital's Almaty-based Class A mixed-use business park with high BREEAM certification. Directly comparable as a sister development targeting premium corporate and retail tenants in Kazakhstan, with similar sustainability and design positioning.
• The Carlton, Moscow (Verny Capital): Luxury hotel in central Moscow owned by Verny Capital. Comparable as another flagship luxury hotel asset in the same developer's portfolio, operating in a CIS capital market with similar luxury traveler profile.
• Astana Marriott Hotel: Marriott-affiliated upper-upscale hotel in Astana competing for corporate transient, group, and event business with The Ritz-Carlton. Comparable as a same-city hotel competing for the same Astana corporate travel and conference demand pool.
• Rixos Borovoe (Verny Capital): Luxury resort hotel in Borovoe, Kazakhstan, owned by the same Verny Capital group as Talan Towers. Comparable as a sister luxury hospitality asset under the same developer, demonstrating the group's hospitality strategy and operational track record.

Broad incumbents

• Burj Khalifa / Downtown Dubai (Emaar): SOM-designed supertall mixed-use tower with Armani Hotel, Class A offices, luxury residences, and The Dubai Mall retail. Comparable as the global archetype of an integrated luxury mixed-use complex designed by the same architect (SOM) as Talan Towers, demonstrating the same integrated hotel-office-retail-residence model.
• Emirates Towers (Jumeirah Group): Iconic twin-tower mixed-use complex in Dubai with Jumeirah Emirates Towers Hotel, Grade A offices, and luxury retail. Comparable as a regional benchmark for integrated luxury mixed-use architecture in the Middle East targeting similar multinational corporate tenants and luxury travelers.

Emerging players

• Four Seasons Hotel Astana: International luxury hotel in Astana positioned to compete with The Ritz-Carlton in the same luxury transient and residential market. Comparable as a same-city luxury competitor emerging to challenge Talan Towers' premium positioning.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Facebookfacebook.com/talantowers
• LinkedInlinkedin.com/company/talan-towers
• Instagraminstagram.com/talantowers?utm_source=ig_profile_share&igshid=1i683dwvbnp2u

Compliance1 record

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries4 records

Funding overview

Funding rounds

Investors

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

M&A

Investments

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

Frequently asked questions about Talan Towers