In early March 2026, an unexpected situation arose around one of the largest office assets of the Moscow City business district: the state-owned company Russian Railways (RZD) first put its office complex Moscow Towers up for sale and then promptly removed the listing. The event attracted the attention of the commercial real estate market and investors.
The sale announcement appeared and quickly disappeared
On March 6, an announcement about the sale of office space in the Moscow Towers complex, located on Presnenskaya Embankment, was published on the “RZD Real Estate” website. However, shortly afterward the page was modified — the offer was marked as “not актуально”, and the listing was removed.
The complex consists of two towers 286.9 m high with 63 floors, connected by skybridges every six levels. The total area of the building is about 376,000 sq. m, and the project was designed by the German architectural bureau Werner Sobek. The skyscraper was commissioned in 2024 and became the first high-rise building in Russia to receive the LEED Gold energy efficiency certification.
One of the most expensive assets in Moscow City
The complex is one of the largest office properties in the business district. Russian Railways acquired almost the entire volume of space in the building in 2024 for approximately 193 billion rubles.
According to market analysts, the potential sale price could reach around 220 billion rubles, which would make the deal one of the largest in the history of the Russian commercial real estate market.
Why the sale was discussed at all
The idea of selling the skyscraper has been discussed for several months. At the end of 2025, it became known that the government was considering the sale of several RZD assets, including the Moscow skyscraper, in order to partially reduce the company’s debt burden. The total debt of the holding is estimated at approximately $50 billion, and the sale of a large asset could become one of the instruments of financial stabilization.
What the removal of the listing means
No official comments have yet been made regarding the reasons for removing the announcement. Experts are considering several possible scenarios:
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adjustment of the deal parameters or the sale structure;
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preparation of closed negotiations with a potential investor;
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a temporary pause while assessing market conditions.
In any case, the story around Moscow Towers demonstrates an important trend: the largest assets of Moscow City are becoming the subject of strategic financial decisions at the level of state corporations and major investors.
Significance for the Moscow City market
Even the very possibility of selling such a property demonstrates the scale of the district’s business real estate market. If the deal were successfully completed, it could become one of the largest office real estate transactions in Russia and reinforce the status of Moscow City as a key investment cluster in the country.
For now, the situation remains open: the asset remains with RZD, but market participants do not rule out the possibility that the issue of its sale may return in the coming years.
Previously we wrote:Russian Railways will sell the Moscow Towers office complex in Moscow City at auction
