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ONIXDEVELOPMENT
Company

A developer accountable for the performance of the asset

ONIX DEVELOPMENT creates commercial real estate as a long-term working asset: from the idea and construction to management and yield.

01Company

How we work

ONIX DEVELOPMENT is a development company that treats commercial real estate as an asset: it has a service life, an income and a value. We combine three competencies usually split between different contractors: development, construction and asset management.

This structure changes how decisions are made. When the team that builds the asset also operates it, cutting corners on engineering or finishes stops paying off: the consequences come back as operating costs and tenant churn.

The company is currently delivering its first own asset — a business centre in Astana. It is still in delivery and not yet built, so we publish neither operating metrics nor a list of completed projects: those figures will appear once the building is commissioned.

In parallel we are open to working with landowners, investors and owners of operating assets. The scope depends on the task: the full cycle, a single stage, or the management of an existing building.

Architecture as an asset

Spaces that work for the future

02Project in delivery
Project city
Astana
Asset format
Business centre
Current stage
In delivery
Asset area
00,000sq m
Demo data
03Principles

Principles

Four rules behind every decision, at any stage of a project.

01

Accountability for the outcome

We are accountable not for a single stage but for how the asset performs after completion. That is why early decisions account for operations.

02

Process transparency

The owner sees the budget, schedule, tender decisions and asset reporting. Changes are documented and justified.

03

Asset economics

Every architectural or engineering decision is tested against cost of ownership and its effect on rental income.

04

Quality of the environment

A building must work for the people inside it: light, air, wayfinding, shared areas and entrances.

04Process

How we run an asset

Six stages with clear deliverables and decision points.

  1. 01

    Analysis

    We study the site or building, its context, transport, demand and competition, and check planning constraints.

    A report on the asset's potential and constraints

  2. 02

    Concept

    We build development scenarios with a financial model for each, then choose the format, class, functional mix and floor plate split.

    The asset concept and its financial model

  3. 03

    Design

    We coordinate the design team, keep the design aligned with the concept and budget, and secure expert review and approvals.

    Design documentation and permits

  4. 04

    Construction

    We tender the works, run the site, verify quantities, quality and schedule, and accept works and engineering systems.

    A completed asset on budget and on schedule

  5. 05

    Launch

    We commission the asset, launch leasing and support fit-out and the move-in of the first tenants.

    A commissioned asset and signed leases

  6. 06

    Management

    We run operations, tenant services, the cost budget, occupancy and reporting, and plan capital works.

    Managed income and transparent reporting

05Team

Team

The core competencies that run an asset.

Demo data

Name Surname

Managing Partner

Responsible for company strategy, project structuring and investor relations.

Name Surname

Development Director

Leads site analysis, asset concepts and project financial models.

Name Surname

Construction Director

Responsible for contractors, schedule, construction budget and quality.

Name Surname

Asset Management Director

Runs operations, tenant services and owner reporting.

06Geography and competencies

Geography and competencies

Asset types

  • Class A, B+ and B business centres
  • Mixed-use complexes
  • Community-format retail
  • Industrial and logistics property

Engagement formats

  • Full-cycle development
  • Client-side management during construction
  • Redevelopment of an operating asset
  • Management of an owner's asset

Geography

  • Astana — our own project in delivery
  • Kazakhstan — assets and sites on request
  • Site visits to assess potential
  • The list of cities is to be confirmed

Documents and partners

Demo data

This section will go live once the client provides actual documents, certificates and the partner list. We do not publish unverified materials.

Have a site or an idea to develop?

We will assess its potential, shape a concept and propose a delivery model

Discuss a project