Moscow will get half the revenue from the project Capital Group

That JSC “Management of experimental building of microdistricts” (UEZ; Mosinzhproekt is controlled by the Moscow government) will be a partner in the construction of the LCD “positive” in the New Moscow, became known in September 2016, but the details of cooperation were not disclosed.

According to “SPARK-Interfax”, the UEZ in December last year, received 50% in OOO “Glavregionstroy Rumyantsevo”, building complex. The remaining 50% “Lifemanagement”, “daughter” of the Capital Group.

“Capital Group and the UEZ in this project equal shares, in December we finished all the legal procedures for registration of our relationship,” confirmed commercial Director of Capital Group Alexei Belousov. The involvement of partners in the project, he explained the company’s strategy, which is to abandon credits in favor of attracting co-investors.

“Positive” — a residential complex of comfort class area of 109 thousand sq m, erected on a plot of 5.87 hectares, approximately three km from MKAD on the Kiev highway. The apartments will have 89.5 thousand square meters, follows from the project Declaration.

According to managing partner of a real estate company “Metrium groups” Maria Litinetsky, the volume of investments in the project will amount to 5.7 billion rubles involvement in the development and construction of structures associated with the city authorities, will improve the reliability of the project, she said.

This maneuver gives the opportunity to earn and replenish at the expense of a commercial project capital budget, draws the attention of the head of the Department of Analytics and consulting company “best new Building” Sergey Lobzhanidze. According to his calculations, the average sale price of 1 sq m of housing in the project during the implementation period will be about 105 thousand. Thus, the total revenue for the entire implementation period will amount to 9.4 billion rubles., and each of the partners may receive 1.85 billion rubles. profit estimate .

For UEZ is the second construction project to be implemented jointly with a private company. In collaboration with INTECO, the office building in the West of Moscow more than 700 thousand sq m on 48 hectares in the floodplain of the river Ramenki. The relevant investment contract between “Inteko” and the UEZ was concluded on 26 January 2017; sellable area of apartments will reach 352 thousand square meters, 32 thousand sq. m will be in non-residential premises.