In 1991, ENKA recognized the emergence of unique investment opportunities in Moscow as the free market economy evolved. This vision resulted in the establishment of MosENKA, the very first real estate investment company in the city.

MosENKA was founded to address the growing demand for office space in the capital and to provide local and international companies entering the market with high-quality services in line with Western standards.

The company quickly established itself as a reliable property development company and successfully integrated into the local business environment.

Today, wholly owned by ENKA, MosENKA develops and leases office space to meet the increasing demand in Moscow.

To date, the company has reconstructed 6 historic buildings, with a total construction area of 46,500 m², transforming them into modern office buildings.

In 1995, ENKA signed an investment agreement with several local partners, including the Municipality of Moscow, and established Moskva Krasnye Holmy (MKH) to develop the Russian Cultural Center. The center, comprising commercial, cultural and sporting facilities as well as office buildings on a seven-hectare plot of land, located on the eastern tip of the Kremlin Island bordered by the Moskva River and Vodootvodny Channel.

To date, MKH has completed a number of landmark buildings totaling 156,000 m², including 63,500 m² of premium rentable office space under the Riverside Towers brand. The company is now wholly owned by ENKA.

The complex also features the five-star hotel with 235 rooms, under the name Swissotel Krasnye Holmy. With its spectacular panoramic views, the hotel’s rooftop bar, City Space Bar & Restaurant, is regarded as one of the best bars in the world and has received World Travel Awards recognition.

Additionally, the Conference Center became a featured attraction from the moment it opened its doors and now hosts numerous conferences, seminars, and other events, catering to its prestigious clients.

The Russian Cultural Center transformed the former industrial district into a vibrant mixed-use destination, becoming a distinctive landmark on Moscow’s skyline.

ENKA TC, formerly RamENKA, was established in Moscow in 1997 as an equal partnership between ENKA and Migros to develop shopping centers and a supermarket chain in the Russian Federation, opening its first Ramstore hypermarket and shopping center in Moscow’s Kuntsevo district, with a total area of 19,400 m².

Despite economic challenges in the country, the company expanded rapidly in Moscow and other major cities, reaching 53 stores and 10 shopping centers.

ENKA became the sole owner in 2007 and repositioned the company to focus on real estate.

In 2009, the shopping malls operating under the “Ramstore” brand were rebranded as “Kapitoliy,” followed by the renaming of the “Ramstore” supermarket brand to “Citystore” in January 2010.

By the end of 2012, ENKA TC had fully exited the retail sector to focus on real estate operations. In line with its strategy to redevelop existing assets, the company subsequently undertook large-scale projects, including the Kuntsevo Multifunctional Trade & Business Center, Sergiev Posad Shopping Mall, and Kashirskaya Plaza Multifunctional Trade Center.

Its developments have received numerous prestigious national and international awards, and today ENKA TC owns office and shopping centers with a total area exceeding 850,000 m².

Founded in 2003 for the development of the Naberezhnaya Tower complex, City Center Investment B.V. (CCI) has delivered one of Moscow’s most prestigious business centers, recognized for its excellence as a Class A property.

The Naberezhnaya Tower complex comprises three blocks, boasting a total leasable area of 163,400 m².

Situated in Moscow’s international business center, the complex stands as a model of inspiring architecture and state-of-the-art, innovative design.

In 2024, following an updated market classification introduced by the Moscow Research Forum (MRF), which established a new Prime category for the highest-quality office properties, Naberezhnaya Tower was formally designated as a Prime class building, reaffirming its leading position in Moscow’s office real estate market.

CCI has successfully cultivated long-term relationships with its tenants, leveraging its competitive advantages in the commercial real estate market and its expertise in office leasing, facility management and operations, as well as the provision of tenant fit-out services.

ENKA Invest commenced operating in 1994 as part of ENKA’s real estate investment division, which has been active in Moscow since the early 1990s.

It has 4 complexes located in the centre of Moscow with a total leasable area of 76,000 m². Paveletskaya Plaza Business Center, Tsvetnoy Palazzo, Sretenka Office, and Residential Complex and Chaplygina House are all built, owned, developed and operated by ENKA Invest.

LLC ENKA Flex Office, known for its “Flexity” concept, was established in Moscow in 2021 with the objective of providing fully equipped, ready-to-use office spaces.

Since its establishment, the company has leased office spaces from ENKA Real Estate’s portfolio, including the Ovchinnikovskaya Business Center, Paveletskaya Plaza, and Moscow Krasnye Holmy buildings, and provides high-quality ready-to-use serviced office spaces to its subtenants.

The Ovchinnikovskaya (OVC) Business Center, located on Ovchinnikovskaya Embankment, offers its customers the opportunity to work in the heart of the Russian capital.

Previously owned by the Russian Ministry of Economic Development, the building, featuring iconic Soviet-style architecture, was reconstructed by ENKA in 2022 and transformed into a modern Class A office building within a year.

The center comprises a 10-storey building with an outdoor parking, office and retail spaces, lobby areas, and a multifunctional conference hall. The total construction area of the building is 28,000 m² with a total leasable area is 20,000 m².

Designed by a WELL-certified international architectural bureau, the OVC Business Center offers a high-quality, well-connected environment that meets diverse client needs while enhancing work efficiency.

The center can accommodate up to 2,700 workstations and includes 80 meeting rooms, coffee points and lounge areas. One of its standout features is the multifunctional conference room spanning 400 m², with a seating capacity of up to 250 people.

ENKA UK Properties Ltd. was established in 2025 to support ENKA’s long-term strategy of expanding its real estate investment, development and asset management activities in the United Kingdom.

The UK market offers a transparent regulatory framework, strong institutional demand and long-term opportunities aligned with ENKA’s real estate portfolio objectives.

In October 2025, the company acquired its first investment property Park House, located at 16-18 Finsbury Circus, London.

Park House is currently the sole asset held by ENKA UK Properties Ltd. The property is located at Finsbury Circus, one of the most established office locations within the City of London, in close proximity to Liverpool Street and Moorgate stations, including the Elizabeth Line.

The building comprises a multi-storey office property arranged over basement, ground and upper floors, providing approximately 195,995 sq ft of net lettable area and is arranged over lower ground, ground and seven upper floors, with typical office floorplates ranging between 22,000 and 24,000 sq ft. The property is predominantly office space, complemented by retail and ancillary uses at lower levels.