Founded in 1930, the Moscow margarine factory in Central Moscow, once owned by Unilever, waiting for redevelopment. The 1.8 hectares for 600 million rubles. bought the bankrupt company “Monomah” group “Russian monolith”. Despite the Central location, the site is far away from metro stations and adjacent to industrial facilities. However on-site to build a residential complex of business class and earn on the sale of housing is about 3 billion rubles, according to the consultants.Group “Russian Monolit” Valeriy Demichev got a new site to their portfolio. As follows from the results of bidding, the structure of the developer company “development of the RM” has acquired the right of rent of territory of the Moscow margarine plant in Balakirev alley in the centre of Moscow. Land area — 1.8 hectares, per lot “Russian Monolit” pay 614 million rubles. with a starting price of 361 million in addition to “Russian Monolit” participated in the auction including “Larus management”. The CEO of the company Elena Komakhidze also head several structures, shares in which are owned by “Archplay development” son of ex-Prosecutor General of Russia Yuri Chaika, Igor and brother of the President of Moldova Igor Dodon Alexander.Moscow margarine factory was founded back in 1930, and in 1998 came under the control of Unilever. In the factory, in particular, produced mayonnaise Calve. In 2014, the company sold the company “Monomah” Eugene Titov that was involved in the production of vegetable oil, margarine and ingredients for the confectionery and dairy industries. A few years ago, the structure of the “Monomach” went bankrupt, and bankruptcy Trustees began to sell the property.The owner “Russian Monolit” Valeriy Demichev confirmed “Kommersant” the acquisition of the site, but added that while plans for the building are not clear due to the uncertain state of the real estate market during the crisis. While the company’s portfolio of just two completed residential project — complex of business class on Kotelnicheskaya embankment in the Shmitovsky passage in Moscow. “Russian monolith” also built business-centre “Yuzhniy Dvor” at the station “Annino”.The interlocutor of “Kommersant” in the real estate market adds that the portfolio of “Russian monolith” is another area in Shmitovsky passage area of approximately 0.6 hectares. the Company planned to agree there the construction of a hotel center with an area of 137.5 thousand square meters, but until the necessary documents to obtain could not, says Kommersant’s source.Managing partner of “Metrium” Maria Litinetskaya calls the new site “Russian Monolit” is ambiguous. On the one hand, it is close to the town centre and adjacent to existing residential development. On the other hand, the expert continues, the nearest metro station “Baumanskaya” is 1.5 km from the site and it adjoins prom��it and railway cargo station. The competition in the district is quite high: close to apartments in four residential complexes. In the “Historical” I believe that the Moscow margarine plant can be built residential complex business-class 650 apartments. The average price for the whole period of implementation can be 220-230 thousand RUB for 1 sq. m, and the average rate of sales — 15-20 lots per month.Partner of Colliers International Vladimir Sergunin also notes that the plot of Balakirev lane can be more difficult to develop than the site “Russian monolith” in Shmitovsky proezd and on Kotelnicheskaya embankment. But, he said, the new project of the company also has prospects, given that the sights are now actively developing. According to the calculations of Mr. Sergunina, with investments in housing on the Moscow margarine plant at 3 billion rubles. revenue from its sales may reach 5.5–6.5 billion rubles. Elizaveta Makarova
