COMMERCIAL REAL ESTATE MARKET - Knight Frank

2009
Commercial
real estate market
Moscow
Key transactions
Buyer Seller Assets Volume
Storm Real Estate Fund
AS
Ruric AB
"Griffon House", with an area of 6,970 sq m on 19/21 Dostoevskovo St
in St. Petersburg
Sberbank Russia Midland Development Bussiness centre "Yuzhny Port" with an area of 55,000 sq m
in 12a 2nd Yzhnoportovoy Passage in Moscow
MosCityGroup (MCG)
VTB Bank (15% of stocks),
MC Co. Hotels Management
Ltd (40% of stocks)
55% stake in "Hotel Budapesht", which owns a hotel of the same name, as
well as "Peter I", a hotel in the centre of Moscow
GС "Tashir" Avenue Group "Tryapka", a shopping centre with an area of 22,000 sq m
on 25 Leningradsky Hwy in Moscow
Nafta Co. GC "ACT" "Voentorg" a shopping and office complex on 10/2 Vozdvizhenka St
in Moscow
ROSNANO
ZAO "National Reserve
Corporation"
15,000 sq m in bussiness centre "Principal Plaza"
on 12 60–Years of October Hwy in Moscow (the total area is 33,400 sq m)
– AFI Development Bussiness centre "Espeis" with a total area of 112,000 sq m
on 9/21 Kossinskaya St in Moscow
MICEX INA Group Bussiness centre"Elokhovsky" with a total area of 13,500 sq m
on 12–14 Spartakovsky St in Moscow
Inter RAO UES Horus Capital Bussiness centre "Luch" with a total area of 30,000 sq m on 27 Bolshaya
Pirogovskaya St in Moscow
Managment Company MosEnergo
"Progressive Investment
Ideas"
– A1 Group (part of Alpha–
Group)
A building complex on Raushskaya Emb and Sadovnicheskaya St in Moscow
(the total area is 36,000 sq m)
Bussiness centre "Severnoe Siyanie" with a total area of 37,800 sq m
on 26 Pravdy St in Moscow
$17 mln*
$300 mln*
$60 mln*
$70 mln**
$30 mln*
–
–
$195 mln*
$60–70 mln*
$90–110 mln*
4.7 bln rub.
$90–100 mln*
Fornaks Estate Hotel Development "Milan" a hotel and office complex on 28A Shipilovskaya St in Moscow $150–180 mln*
BinBank Horus Capital Bussiness centres "Vympel" (55,000 sq m on 1/23 Stary Petrovsko–
$250–280 mln*
Razumovsky Passage), "Burevestnik" (31,000 sq m on 18 3rd Ryubinskaya St),
"Diapazon" (40,000 sq m on 10 1st Volokolamsky Passage), an office complex
(20,000 sq m on Bolshaya Pochtovaya St), second phase of "Diapazon"
(50,000 sq m) and "Oasis" (63,000 sq m) on Korovy Val, and business complex
on Akademika Pilyugina St in Moscow (55,000 sq m)
Managment Company
"Fort"
Adamant Holding
"Great", a shopping centre with an area of 30,000 sq m
on 41 Grazhdansky Ave in St. Petersburg
$60–80 mln*
SUN Investments
Partners
Gazprom Development
(JSC "Gazprom")
GC "Legion
Development"
RID Group
Promsvyaznedvizhimost
Siemens Real Estate (SRE)
"Omega Plaza", a shopping and entertainment centre with an area of
90,000 sq m in the centre of Novosibirsk
Bussiness centre "Arena Hall" with an area of 28,500 sq m
on Dobrolyubova Ave in St. Petersburg
"Legion II" with a total area of 29,000 sq m on 9 Bolshaya Tatarskaya St
in Moscow
$30 mln*
$100 mln**
$45–55 mln*
€110–120 mln*
* – Estimate of the deal's volume
** – Planned volume of investment in the project
Source: Knight Frank Research, 2010
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