MIEL Investment and Development Holding is one of the leading players on the Russian real estate market, working in the investment, development, brokerage, consulting, and asset management segments. MIEL started its business in 1990, and has consistently been a leader on the real estate market in Moscow and the region around the Russian capital. Expert RA rating agency placed MIEL among the top-400 companies in Russia by sales volume in 2006. The well-established nature of company business is confirmed by long-term partnerships with major Russian banks. Credit lines provided in 2006 exceeded 500 million US dollars, and total credit facilities obtained by MIEL during its time in business were over one billion US dollars as of January 1, 2007.

MIEL aspires to be the intellectual as well as financial leader in the real estate market. The company was the first to organize an information exchange system between realtor companies, and the first to declare its full financial liability with respect to residential property transactions. MIEL was involved in the first major investment projects in Moscow, and has successfully implemented the concept of townhouse developments in the Moscow suburbs. In 2002 MIEL was among the first to realize the potential of Russia’s mortgage market and to develop a set of mortgage services. MIEL was the first player on the new-build market to position itself as a “management company”, offering a range of services including investment and legal consulting, development of sales mechanisms, project promotion, and responsible implementation.

MIEL’s excellent service quality is assured by a highly skilled staff of over three thousand. The company operates a chain of 37 branches in Moscow and locations close to Moscow. The company also has several offices in other regions of Russia (Omsk, Tyumen, Barnaul), which were opened through a franchising program, and opening of more franchise offices is part of company strategy. The company is managed from a unified center and bears full responsibility for the actions of each of its branches.