Aibek Adilzhan
Frankfurt am Main, Germany

To partners, investors, and friends,

For more than twenty-five years, I have been in the business of building — hotels, shopping centers, and homes. Of all that this work has given me, what I value most is not the square meters or the budgets, but the trust of the people who believed in each project and the teams who brought them to life.

My path began in Kazakhstan, where I had the privilege of helping shape some of the first landmarks of a young capital. Since then it has taken me across the CIS, Europe, and beyond. Along the way I learned that a building is not measured on the day it opens, but by how well it serves people for the decades that follow.

Today I divide my time between Germany and Central Asia, developing and investing across real estate and industry through the Medal and Samga groups. I remain as curious, and as demanding, as I was on my very first project.

On the pages that follow, you will find some of the work I am proudest of. If any of it speaks to you, I would be glad to talk.

Signature
Aibek Adilzhan
Partner · Medal Group
25+
Years experience
9
Landmark projects
$250M+
Delivered investment
330,000 m²
Built area
Selected work

A portfolio of delivered projects

Hospitality, retail and residential developments — with the role held on each.

Hospitality

King Hotel Astana
2008–2010Project Lead

King Hotel Astana

Astana, Kazakhstan

The largest hotel & entertainment complex in Central Asia (4★). Hosted 880 guests during the 2011 Asian Winter Games.

486Rooms
36,000 m²Total area
23Levels
$20MInvestment
Project site →

Retail & Entertainment

Festival Avenue
2013–2016Developer

Festival AvenueShopping & Restaurants Gallery

Astana, Kazakhstan

Gallery of boutiques and restaurants on Dostyk Street.

47Retail units
17,200 m²Total area
3Floors
$15MInvestment
Project site →
Baizaar Shopping Mall
2012–2015Concept Initiator & Coordinator

Baizaar Shopping Mall

Atyrau, Kazakhstan

The largest shopping & entertainment center in Western Kazakhstan, anchored by the MARCO hypermarket.

30,000 m²Total area
31,000 m²Land
3Floors
$20MInvestment
Project site →
Almaty Mall
2012–2015Concept Initiator & Coordinator

Almaty Mall

Almaty, Kazakhstan

A major shopping mall in Almaty.

24,000 m²Total area
3Floors
$10MInvestment
Project site →

Residential

Green Village
2004–2010Development Consultant

Green VillageLuxury Apartments

Astana, Kazakhstan

One of the capital's first luxury residential complexes. Ranked #1 in “Luxury Real Estate Astana – 2007” (Expert agency).

120Apartments
80,000 m²Total area
21Buildings
$60MInvestment
Project site →
Birlik House
2014–2017Project Manager

Birlik HouseLuxury Apartments

Astana, Kazakhstan

Ultra-exclusive residence — 1 m walls, 3.5 m ceilings, just 18 apartments of 400–800 m² on one hectare.

18Apartments
14,000 m²Total area
7Floors
$60MInvestment
Project site →
Residential Complex, Valikhanov St.
2003–2007Developer

Residential Complex, Valikhanov St.

Astana, Kazakhstan

One of the largest business-class residential complexes of its time.

720Apartments
80,000 m²Total area
7Blocks
$40MInvestment
Project site →
Residential Complex, Imanov St.
2003–2007Development Consultant

Residential Complex, Imanov St.

Astana, Kazakhstan

A large business-class residential complex.

500Apartments
50,000 m²Total area
8Blocks
$25MInvestment
Project site →
In progress

Current project

Under development · full capacity 2028

Qazaqstan Container Glass

Glass container plant · Kyzylorda, Kazakhstan

A greenfield glass-container plant built on technology and equipment from European industry leader HORN® Glass Industries AG (Plößberg, Germany). At full design capacity: 220 million bottles a year for wine, spirits and food products in clear, green and brown glass.

€120M
Budget
220M
Bottles / year
2028
Full capacity
sevenrivers.tech →
Affiliations

Companies & groups

Medal Group

International group of companies

A holding with operating and project companies in Germany (Aachen, Frankfurt), Kazakhstan, Moldova and beyond — spanning industry, engineering, logistics and investments.

medal-group.com →

Samga Group

Development & investment

Real estate development and investment vehicle behind a number of the residential, retail and hospitality projects across Kazakhstan.