AndSource Gazprombank is trying to sell the production and warehouse complex for 300 million rubles. On February 3, the Russian Auction House (RAD) will hold an auction for the sale of a production and warehouse complex in the Predportovaya industrial zone in the Moskovsky district of St. Petersburg. The auction with an initial price of 300 million rubles is carried out on behalf of Gazprombank JSC, previously the object belonged to the Empire-Commonwealth company associated with Sergey Matvienko, and was already put up for auction in 2018. Today, the object is of interest to the market, experts conclude, for the construction of a logistics complex or even apartments.
The facility is located at Predportovaya street, 3, lit. A and B, next to the exit from Pulkovskoye Highway and Dunaisky Prospekt, not far from the junction of the Ring Road and the WHSD. The lot includes two land plots with an area of 4.6 and 0.3 hectares, an office and warehouse building with an area of 3.2 thousand square meters. m, as well as two unfinished objects: an office building of 7.4 thousand square meters. m (readiness 30%) and a warehouse of 19.2 thousand square meters. m (readiness 30%). The object is connected to engineering communications (electricity, water, heat supply and sewerage), the press service of the RAD reports. The initial price of the auction is 300 million rubles. Applications for participation in the auction are accepted until January 31.
According to Aleksey Fedorov, director of real estate investment at Maris, the starting price looks extremely attractive. “By and large, only the unfinished warehouse costs so much, and the buyer receives the land and other objects as a bonus. Given the attractiveness of the location, I would expect a lot of interest in the auction and a significant price increase. Unless, of course, there are some legal or engineering pitfalls,” the expert says.
Currently, part of the complex is leased for short-term office and warehouses. All contracts are short-term and can be canceled, the press service of the RAD specified. Gazprombank JSC has owned the facility since 2019. Previously, the territory and real estate on it belonged to the Empire-Commonwealth company, which the media associated with Sergei Matvienko, the son of the former governor and current chairman of the Federation Council of the Russian Federation Valentina Matvienko. In 2018, the object was put up for auction on behalf of the company in the interests of Gazprombank, which was lending to Empire-Commonwealth and whose property was pledged. According to the Unified State Register of Legal Entities, Empire-Commonwealth LLC is currently in the process of bankruptcy. The press service of Gazprombank did not provide information on the details of the transfer of the asset to the bank's ownership.
The attractiveness of the site for investors will increase if changes are made to the Rules for Land Use and Development (PZZ), adding residential real estate and apartments to the functional purpose, believes Sergey Duvanov, project manager for the investment department of NF Group in St. Petersburg. “Now, according to the PZZ, it is possible to place industrial and warehouse facilities, as well as objects of public and business development on the territory. But in view of the large number of housing and offices in the location, the most attractive for buyers will still be the creation of a multifunctional complex with hotels, commercial premises and social facilities,” the expert predicts.
Mr. Fedorov also believes that development here the logistics complex is an obvious solution. “A less obvious option, but in line with the development of the city, is to separate part of the territory and try to coordinate an apartment complex here. Perhaps an unfinished office building can be used for this, ”a Maris representative suggests.