ESTA Holding

SCM Estate was established in 2006 for the management of the property assets of financial and industrial Ukrainian holding - SCM Group. From 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 Holdings
Formerly
SCM Estate
IndustryReal estate
Founded2006 in Donetsk
HeadquartersDonetsk, Kyiv Ukraine
Key people
Nikolay Nesterenko (CEO)
Total assets US$370,3 (2010)
WebsiteESTA Holding

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. Archived from the original on 2012-04-25. Retrieved 2011-10-19.
  5. "Rezidor and Esta Holding announce the Park Inn by Radisson Donetsk, Ukraine". hospitalitynet.
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