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News Release

Kiev

TNK-ВP is the anchor tenant in BC ELEVEN, Kiev


Kiev, 4 July 2011 – On behalf of Center Invest Ltd Jones Lang LaSalle has leased 5,923 sq m in BC Eleven in Kiev to the TNK-BP group of companies, one of the leaders in the world oil market. Located on Solomenskaya Street, 11 A. TNK-BP will be the anchor tenant at the office building occupying five floors of the building. Jones Lang LaSalle is the sole agent.

Andrey Zhamkin, Head of Office Agency Jones Lang LaSalle, Ukraine, notes: “A deal of this scale with an international tenant marks is a milestone for Kiev’s office market. TNK-BP will benefit from the effective and prestigious space at BC ELEVEN, while we have secured a reliable anchor tenant for Center Invest Ltd.”

Elena Grigorovich, Director of BC ELEVEN: “We are very pleased that Jones Lang LaSalle has helped us to establish such a well-balanced tenant mix for this building. The quality of BC Eleven has proved very attractive to a number of established and well regarded international companies.”

Felix Lunev, Managing Director TNK-BP: “We are delighted to relocate to BC ELEVEN, which will enable us to consolidate our Kiev operation into one building. This move will increase the efficiency of our business as we reduce operational costs and improve the internal communication channels between all our departments in the Ukraine. Center Invest Ltd and its exclusive representative Jones Lang LaSalle have demonstrated a professional and constructive approach to the negotiation process. Colliers International supported us with a high-quality analytics of real estate market.”

Maxim Tkalenko, Head of Office Agency Colliers International, Ukraine: “This deal highlights the growing trend of large scale occupiers consolidating their office space in new high-grade schemes in Kiev. This deal will allow ТNК-BP to reduce their office maintenance costs while providing a better working environment for their staff. BC ELEVEN provides Grade A accommodation (effective planning, modern engineering systems and decoration, sufficient parking space) at reasonable rental levels. We are pleased to congratulate TNK-BP with the successful choice.”


About Jones Lang LaSalle
Jones Lang LaSalle (NYSE:JLL) is a financial and professional services firm specializing in real estate. The firm offers integrated services delivered by expert teams worldwide to clients seeking increased value by owning, occupying or investing in real estate. With 2010 global revenue of more than $2.9 billion, Jones Lang LaSalle serves clients in 60 countries from more than 1,000 locations worldwide, including 185 corporate offices.  The firm is an industry leader in property and corporate facility management services, with a portfolio of approximately 1.8 billion square feet worldwide. LaSalle Investment Management, the company’s investment management business, is one of the world’s largest and most diverse in real estate with more than $43 billion of assets under management. For further information, please visit our website, www.joneslanglasalle.ua.

About TNK-ВР in Ukraine
TNK-BP is one of the world’s top-ten privately owned oil companies measured by crude oil production. The company was established through the merger of BP’s Russian oil and gas assets and those of the Alfa Access/Renova consortium (AAR).
TNK-BP’s business groups in Ukraine are represented by the following key enterprises: TNK-BP Commerce LLC – a managing center, wholesale of oil products in the domestic and foreign markets, conduction of coordinated investment  policy, ensuring maximum efficiency of the assets’ usage; JV CJSC LINIK (Lisichansk NPZ) - refining of crude oil and oil goods production; JV Kersher LLC — retail of oil products through the chain of fuel retail sites, sites management.
TNK-BP is a socially responsible and transparent company. One of the company’s strategic goals is ensuring sustainable growth of its business in Ukraine based on corporate social responsibility principles.
The business priorities of the company are creation of a safe environment for employees, guaranteeing fair labor remuneration, professional growth, reduction of the level of anthropogenic impact on the environment and provision of high-quality services to consumers. The company aims to have a positive impact on life of the society through implementation of social investment programs.

About Colliers International
Colliers International is the third-largest commercial real estate services company in the world with 12,500 professionals operating out of more than 512 offices in 61 countries. A subsidiary of FirstService Corporation (NASDAQ: FSRV; TSX: FSV and FSV.PR.U), it focuses on accelerating success for its clients by seamlessly providing a full range of services to real estate users, owners and investors worldwide, including global corporate solutions, brokerage, property and asset management, hotel investment sales and consulting, valuation, consulting and appraisal services, mortgage banking and research.  The latest annual survey by the Lipsey Company ranked Colliers International as the second most recognized commercial real estate firm in the world. In Ukraine Colliers International has been working since 1997. For more information please visit our website www.colliers.com/kyiv Company news: www.colliersnews.com