Almaty, Kazakhstan
Who owns Almaty: Kazakhstan's real-property register shows an owner only to the owner, or to a third party the owner approves, so the city's landmarks are traced through stock-exchange filings, corporate press releases and public-body records instead.
10 buildings · 7 with an owner established · 18 sources · 9 tier B · 1 tier A · prepared 2026-10-20
Can you find out who owns it?
Rights to real property in Kazakhstan are registered by the State Corporation 'Government for Citizens' (Правительство для граждан) in a single legal cadastre and are ordered through the eGov.kz portal. The ownership extract (Form-2, 'справка о зарегистрированных правах (обременениях)') shows the current owner, co-owners and any arrest or mortgage, and is free; but a request about someone else's property goes through only if that owner confirms it by SMS or in their eGov account. Lawyers, notaries, banks and courts get information through official channels. There is no public search by address or owner and no bulk ownership file.
Is ownership public?Only for those who can prove a legitimate interest
Cost of one title searchForm-2 (registered rights and encumbrances) and Form-6 (property held by a person) free on eGov.kz, usually issued within 20 minutes; a duplicate technical passport is charged per the Government for Citizens price list plus a 100 KZT payment commission (as reported by Bizmedia.kz, 5 Aug 2026; the eGov service page itself would not render for us)
Bulk ownership dataNone published
Sale pricesAggregates only — no individual sales
Sites that forbid taking their data
- aixkz.com (Astana International Exchange) — “'In accessing and using the website, the user agrees that it will not: … 1.2.7 Make any commercial or business use of the website or resell or commercially benefit from any part or aspect of the website' (Terms of Use)”
1
The marquee buildings
The towers that set the tone of the core, and who holds them. A price is the price a document states, on the date it states — not an estimate of what the building is worth now.
| Building | Use | Owner | Owner type | Last price paid |
|---|---|---|---|---|
| Almaty International Airport (Халықаралық Алматы Әуежайы) Almaty (inside city limits, about 15 km north-east of the centre) Terminal 2 over 53,000 m2 (opened June 2024) |
Civic | TAV Airports Holding (consortium; Groupe ADP holds 46.38% of TAV) TAV 85% of the acquiring consortium, VPE Capital 15% (at completion, April 2021) Groupe ADP press release (AMF filing, 29 Apr 2021): a consortium led by TAV Airports signed an SPA on 7 May 2020 'to acquire 100% of the shares of Almaty Airport and the associated jet fuel activities… for an Enterprise Value of $415 million'; 'The share transfer of Almaty Airport took place on April 29th, 2021. Almaty Airport is now fully owned by the consortium of which TAV Airports is an 85% shareholder. VPE Capital… holds the remaining 15%'; USD 50 million made subject to traffic targets (earn-out). The operating company is JSC Almaty International Airport (Wikipedia, s10 — hence B). Wikipedia says TAV later took full ownership; no filing for that was opened. |
Public company | USD 415 million enterprise value (USD 50 million of it made an earn-out) 2021-04 100% of the shares, plus jet-fuel and services businesses; SPA signed 7 May 2020, shares transferred 29 April 2021 (Groupe ADP). B |
| Dostyk Plaza shopping centre Central Almaty 134,000 m2 total area; 57,000 m2 retail area |
Retail | REIT TSPG (TSPG Umbrella Fund, AIFC), managed by Provident Fiduciary TSPG's own site describes it as 'the First Multi-Strategy Real Estate Investment Trust in the regulatory environment of the Astana International Financial Center (AIFC), which owns Class A shopping malls', managed by Provident Fiduciary. Its Dostyk Plaza page gives 134,000 m2 total and 57,000 m2 retail area, 200 tenants, 100% occupancy in 2024–25, income USD 40.9 million and NOI USD 31.3 million in 2025 (2026 forecast NOI USD 32.3 million) and mall turnover of USD 279 million in 2025. No price for the transfer of the mall into the fund was published. |
REIT | —A |
| Esentai Mall and Esentai Tower (Ritz-Carlton Almaty) — Esentai City Al-Farabi Avenue 77/7, Medeu district, Almaty (tower address per Wikipedia) Tower 27,000 m2 (Wikipedia) · 36 floors |
Mixed use | Not established the jurisdiction does not disclose owners Developer: Capital Partners (Wikipedia, s17: tower built 2006–08, 162 m, 36 floors, designed by SOM). Digital Business (29 Jul 2026) calls the mall 'an object worth more than USD 1.5 billion', developed by Capital Partners with a partner, and says that in 2023–24, as part of a voluntary transfer of assets to State ownership, the share previously held by that partner's structures 'passed under the control of the State'. The same article does not say which State body or entity now holds that stake or what the rest of the structure is, and no register extract, filing or official decree was opened, so the owning entities are not established. Wikipedia's owner line lists hotel operators. |
Not established | —B |
| MEGA Alma-Ata and MEGA Park shopping centres Almaty |
Retail | Not established the jurisdiction does not disclose owners Digital Business (29 Jul 2026) describes MEGA Alma-Ata and MEGA Park as flagship assets of the MEGA chain and attributes the chain to the founder of Astana Group personally, not to a named company; it says the owner sold two other centres (in Aktobe and the old MEGA Astana) to fund MEGA Silk Way in Astana. No filing, register entry or company page naming the entity that holds title to the Almaty centres was opened, so the owner is not established and no individual is named here. |
Not established | —B |
| Central Stadium (Орталық стадион) Almaty |
Civic | City of Almaty (Akimat) — State Municipal Enterprise 'Central Stadium' English Wikipedia: owner 'Municipality of Almaty', capacity 23,804, home of FC Kairat; after the USSR the stadium 'was transferred to the municipal state administration of the Almaty city akimat (CGP Central Stadium)'; the 2009–10 reconstruction cost 3 billion KZT 'financed from the city budget'. In May 2014 a Comprehensive Privatisation Plan 2014–2016 provided for the enterprise to be sold into private ownership; no source opened says whether that sale happened, so the municipal owner is tier B and may be out of date. |
Government | —B |
| Almaty Arena (formerly Almaty Ice Palace) Almaty 9.96 ha site (99,600 m2) |
Civic | City of Almaty (Akimat) English Wikipedia: owner and operator 'City of Almaty'; 12,000 seats for ice hockey; built 2014–16, opened 18 September 2016; projected cost USD 170 million (plus USD 89 million for the minor arena); general contractor Bazis-A; to be the main venue of the 2029 Asian Winter Games. No akimat asset list was opened, hence tier B. |
Government | —B |
| Medeu high-altitude skating rink Medeu Valley, Medeu district, Almaty |
Civic | City of Almaty (Akimat) English Wikipedia: owner 'City of Almaty'; capacity 8,500; built 1949–51; reopened 16 December 2009 after a 19.4 billion KZT (USD 131.8 million) reconstruction for the 2011 Asian Winter Games. No akimat asset list was opened, hence tier B. |
Government | —B |
| Nurly Tau business centre Almaty 300,000 m2 (Wikipedia) · 28 floors |
Office | Not established the source would not open English Wikipedia: 28 floors, 300,000 m2 floor area on an 8 ha site, developer Bazis-A. The towers are a multi-owner office complex; no register extract (owner consent required), filing or sale announcement naming the holders of the blocks was opened. |
Not established | —B |
| Almaty-2 railway station (Алматы-2) Almaty |
Civic | Kazakhstan Temir Zholy (KTZ / Qazaqstan Temir Joly), 100% owned by Samruk-Kazyna English Wikipedia: owner and system 'Kazakhstan Temir Zholy'; 8 platforms, 9 tracks; opened 1939, rebuilt 1977; station code 700100. Wikipedia's KTZ article (s16) gives KTZ as a 'State-owned railway company' whose owner is 'Samruk-Kazyna (100%)' — the second source, hence tier B. No KTZ annual report or land schedule was opened. |
Government | —B |
| Al-Farabi Kazakh National University campus (Kazgugrad / Казгуград) Al-Farabi Avenue 71, Almaty 100 ha campus; 13 teaching buildings totalling 165,000 m2 · 15 floors |
Institutional | Al-Farabi Kazakh National University English Wikipedia: KazNU 'has its own campus, known as "Kazgugrad"… with an area of 100 hectares, is the largest campus in Kazakhstan', lying between Timiryazev Street, Al-Farabi Avenue and the Vesnovka River; the main building is 15 storeys; 'thirteen educational buildings with a total area of 165,000 m2'. 'Its own campus' is the source's wording; whether title sits with the university or with the State (as founder) was not established from a register or a statute, hence tier B. |
Institution | —B |
2
The core land
The most valuable ground in the city, and what the public record says about it.
Kazakhstan publishes no assessment roll and no per-sale register, so the most valuable ground in Almaty can only be shown through what owners and statisticians publish. The value concentrates on the southern, upslope side of the city along Al-Farabi Avenue and Dostyk Avenue, where Esentai City, Nurly Tau, Dostyk Plaza and the KazNU campus sit.
Esentai Mall — reported valuemore than USD 1.5 billion
Digital Business, 29 Jul 2026 ('объект стоимостью более 1,5 млрд долларов'); a press figure, not a valuation report or sale price (s4).
Dostyk Plaza — net operating income 2025USD 31.3 million (income USD 40.9 million; 100% occupancy)
REIT TSPG's Dostyk Plaza page, read Oct 2026; 2026 forecast NOI USD 32.3 million; weighted average rent USD 621 in 2025 (s3).
Housing commissioned in Almaty, Jan–Sep 20262,030.9 thousand m2 (+2.1% y/y), of which 1,772.5 thousand m2 in apartment blocks
Bureau of National Statistics, Almaty city regional summary, read Oct 2026; individual houses 240.8 thousand m2 (−4.2%) (s13).
City area752 km2; population 2.35 million (1 Jan 2026 estimate)
English Wikipedia infobox for Almaty (s18); the Bureau gives 2,387.9 thousand residents on 1 Sep 2026 (s13).
3
Who owns the town
At this scale the significant owner is rarely a trust or a fund: it is one or two local holding companies, a family in its second or third generation, and often the land around the town rather than the buildings in it.
The State in its several forms holds Almaty's civic ground: the City (akimat) owns the big sports venues it built or rebuilt from the city budget; the national railway, owned through the sovereign fund Samruk-Kazyna, holds the stations and rail lands; and the national university sits on a 100 ha campus. The main airport is the exception — it was sold to a foreign-listed operator in 2021. No land balance for the city by owner was found, and the akimat's communal-property list could not be opened.
| Name | Type | Holdings |
|---|---|---|
| City of Almaty (Akimat) Wikipedia gives the City as owner of Almaty Arena (owner and operator; USD 170 million projected cost), Medeu (reconstructed for 19.4 billion KZT) and the Central Stadium (transferred to the akimat's municipal enterprise after the USSR; its 2014–16 privatisation plan outcome not established). No akimat asset register was opened. |
Government | Almaty Arena (9.96 ha), Medeu rink, Central StadiumB |
| Kazakhstan Temir Zholy (100% Samruk-Kazyna) Wikipedia: owner of Almaty-2 station; KTZ is State-owned through Samruk-Kazyna (100%). No KTZ land figure for Almaty was found. |
Government | Almaty-2 station (8 platforms, 9 tracks) and the city's rail landsB |
| Al-Farabi Kazakh National University Wikipedia: 'Kazgugrad', the largest campus in Kazakhstan, between Timiryazev Street, Al-Farabi Avenue and the Vesnovka River. |
Institution | 100 ha campus; 165,000 m2 in 13 teaching buildingsB |
| TAV Airports Holding (Groupe ADP 46.38%) Groupe ADP press release, 29 Apr 2021: enterprise value USD 415 million, USD 50 million of it as an earn-out. |
Public company | Almaty International Airport (100% of the airport company, via an 85/15 consortium at April 2021)A |
5
Who builds the houses
New-home building in this market: the volume, and the firms behind it. Ownership of a builder matters as much as its volume — a private-equity platform and a family firm behave differently.
Almaty's new housing is almost entirely privately built apartment blocks: of 2,030.9 thousand m2 commissioned in January–September 2026, 1,772.5 thousand m2 was in multi-apartment buildings (Bureau of National Statistics). No official league table of developers exists; the only rankings found are national, compiled by the news site Finratings.kz from Krisha.kz's developer registry (completed and current projects) and, separately, from a social-media user's tally of annual floor area, so the figures below are national, not Almaty-only, and are indicative. Apartments are owned by individuals once sold, and are not recorded here.
| Name | Type | Projects / floor area (Kazakhstan) |
|---|---|---|
| BI Group Finratings.kz (5 Apr 2025): 'Абсолютный лидер - BI Group. Компания сдала в эксплуатацию 134 объекта', 'the largest construction company in Kazakhstan and Central Asia', in ENR's Top 250 Global Contractors; 69 projects under construction. The 1.3M m2 figure is from a second Finratings.kz piece (25 Mar 2025, s12) relaying a social-media user's ranking, hence tier B. |
Private company | 134 completed projects; 69 under construction; about 1.3M m2 a yearB |
| BAZIS-A Finratings.kz (5 Apr 2025): 'за 33 года своей деятельности реализовала 62 жилых комплекса'; 26 projects under construction, joint second with Galamat. Bazis-A was general contractor for Almaty Arena and developer of Nurly Tau (Wikipedia). The 589,000 m2 figure is from the social-media ranking relayed in s12, hence tier B. |
Private company | 62 residential complexes in 33 years; 26 under construction; about 589,000 m2B |
| RAMS Qazaqstan Finratings.kz (5 Apr 2025): the representative of a Turkish holding, 'сдано 26 объектов, работая на рынке Казахстана с 1997 года и сосредоточив свою деятельность исключительно в Алматы' — working only in Almaty. 625,000 m2 from the ranking relayed in s12, hence tier B. |
Private company | 26 completed projects, all in Almaty; about 625,000 m2B |
| Sensata Group Finratings.kz top-10 by completed projects (s11) and the floor-area ranking relayed in s12; cities of operation not stated in either. |
Private company | 15 completed projects; about 526,000 m2B |
| Galamat Finratings.kz (5 Apr 2025): BAZIS-A and Galamat 'каждая из которых строит по 26 объектов'. National count; Almaty share not stated. |
Private company | 26 projects under constructionA |
6
Commercial landlords
The commercial side, counted separately from housing: who holds the office, retail and industrial floor area.
Almaty's prime commercial property is held by a handful of domestic groups, mostly through private companies that publish nothing; the first exception is REIT TSPG, an AIFC-registered fund that discloses its Dostyk Plaza figures. Office towers such as Nurly Tau are split among many unit-holders. Shopping centres dominate the published record.
| Name | Type | Floor area / assets |
|---|---|---|
| REIT TSPG (TSPG Umbrella Fund), managed by Provident Fiduciary TSPG's About page: 'the First Multi-Strategy Real Estate Investment Trust in the regulatory environment of the Astana International Financial Center (AIFC), which owns Class A shopping malls'; target annual NOI over USD 100 million within a five-year cycle. Dostyk Plaza NOI USD 31.3 million in 2025. |
REIT | Dostyk Plaza, 134,000 m2 total / 57,000 m2 retail (Almaty), plus Shymkent PlazaA |
| TS Development Tengrinews (3 Apr 2025): the group 'построила в Казахстане 480 тысяч квадратных метров коммерческой и жилой недвижимости, а общий объем инвестиций… составил более 640 миллионов долларов'; its founder transferred Dostyk Plaza and Shymkent Plaza into REIT TSPG (launched May 2024) and remains the anchor investor. |
Private company | 480,000 m2 of commercial and residential property built in Kazakhstan since 2002; more than USD 640 million investedA |
| Capital Partners Digital Business (29 Jul 2026) names Capital Partners as the developer of Esentai Mall and says a partner's stake passed under State control in 2023–24 as part of a voluntary transfer of assets to the State. The holding entities and current stakes are not established; see the marquee entry. |
Developer | Esentai Mall and Esentai Tower (Esentai City); mall reported at more than USD 1.5 billionB |
| MEGA shopping-centre chain (MEGA Alma-Ata, MEGA Park) Digital Business (29 Jul 2026) attributes the chain to the founder of Astana Group personally; the title-holding company is not named in any source opened. |
Private company | two Almaty centres (plus MEGA Silk Way, Astana)B |
?
Looked for and not found
Claims this page would have made if a source could be opened. They are left out rather than guessed.
- Who now holds Esentai Mall and Esentai Tower: a press report says a partner's stake passed under State control in 2023–24 (voluntary asset transfer), but no decree, Asset Recovery Committee release, register extract or filing naming the receiving State entity was opened.
- Whether TAV Airports bought out VPE Capital's 15% of the Almaty consortium: Wikipedia says TAV took full ownership; no TAV/ADP filing confirming it was opened (TAV's site is a JavaScript app; KAP refused).
- Whether the 2014–2016 privatisation plan sold the Central Stadium's municipal enterprise; Wikipedia still shows the municipality as owner.
- The entity holding title to MEGA Alma-Ata and MEGA Park — reported only as the chain founder's personal asset.
- The owners of Nurly Tau's blocks and of the Kazakhstan Hotel (not researched further).
- The Law on State Registration of Rights to Immovable Property (Z070000310_) could not be read on adilet.zan.kz (JavaScript app; API disallowed), so the consent rule for third-party extracts rests on Bizmedia.kz's account of the eGov service, not on the statute.
- Almaty land balance by category and owner (State vs private hectares): only a c.2018 figure of 68.3 thousand ha relayed in search results, on kapital.kz, whose terms page is robots-disallowed — not used.
- Developer rankings are national; no Almaty-only developer volumes were found. Krisha.kz (the source of Finratings' registry counts) is a listing portal whose terms were not checked, so it was not opened.
§
Sources
- Как в Казахстане получить выписку о недвижимости онлайн (How to get a property extract online in Kazakhstan) — Form-2, Form-6, third-party consent, fees — Bizmedia.kz · openB
- Groupe ADP announces the completion by TAV Airports of the full ownership acquisition of Almaty International Airport in Kazakhstan (press release, AMF regulated-information filing) — Aéroports de Paris SA via DILA (echanges.dila.gouv.fr) · openA
- REIT TSPG — Dostyk Plaza portfolio page and About page (area, tenants, income, NOI 2021–2026) — TSPG (REIT TSPG, AIFC) · openA
- Кому принадлежат крупнейшие ТРЦ Казахстана (Who owns Kazakhstan's largest malls) — Digital Business (digitalbusiness.kz) · openB
- Central Stadium (Almaty) — Wikipedia · openB
- Almaty Arena — Wikipedia · openB
- Medeu — Wikipedia · openB
- Nurly Tau Business Center — Wikipedia · openB
- Владелец Dostyk Plaza и Shymkent Plaza продает часть своих привилегированных акций (REIT TSPG launch and preference-share sale) — Tengrinews.kz · openA
- Almaty International Airport — Wikipedia · openB
- BI Group возглавляет рейтинг застройщиков Казахстана (BI Group heads Kazakhstan's developer ranking) — Finratings.kz · openA
- Топ-10 крупнейших строительных компаний Казахстана по объемам ввода жилья (Top 10 builders by floor area — relays a social-media user's ranking) — Finratings.kz · openB
- город Алматы — Краткие итоги социально-экономического развития региона (Almaty city: short socio-economic summary) — Bureau of National Statistics, Agency for Strategic Planning and Reforms · openA
- Al-Farabi Kazakh National University — Wikipedia · openB
- Almaty-2 railway station — Wikipedia · openB
- Kazakhstan Temir Zholy — Wikipedia · openB
- Esentai Tower — Wikipedia · openB
- Almaty — Wikipedia · openB