ESTA Holding

ESTA Holdings
Formerly
 SCM Estate
Industry Real estate
Founded 2006 in Donetsk
Headquarters Donetsk, Kyiv Ukraine
Key people
 Nikolay Nesterenko (CEO)
Total assets Increase US$370,3 (2010)
Website ESTA Holding

SCM Estate was established in 2006 for the management of the property assets of the biggest financial and industrial Ukrainian holding - SCM Group, at the beginning of 2008 the company was renamed ESTA Holding.[1] The company is 100% owned by SCM Group. Key areas of ESTA business are:

  • investment
  • development of commercial and residential properties of premium class
  • hospitality business
  • real estate operation and management

ESTA Holding key assets:

The Chief Executive Officer is Nikolay Nesterenko. As of 2011, ESTA Holding is going to invest more than $500m in development of new projects over the next five years.[2] ESTA Holding makes substantial investments in expansion of its assets portfolio which already exceeds $300 million.[3] The latest acquisitions include purchase of the Kiev Central Department Store[4] and of the Donetsk-based “Kiev” hotel which after the current reconstruction will be launched under Park Inn by Radisson brand.[5]

See also

References

  1. ↑ "Esta Holdings Limited". Bloomberg Businessweek.
  2. ↑ http://www.estaholding.com/en/
  3. ↑ "Speech by ESTA Holding CEO at the press-briefing for the 10th Anniversary of SCM". SCM web-site.
  4. ↑ "ESTA Group completed the purchase of the Kiev Central Department Store". story-ua.com.ua.
  5. ↑ "Rezidor and Esta Holding announce the Park Inn by Radisson Donetsk, Ukraine". hospitalitynet.
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