In the framework of anti-crisis strategy PIK group — one of the nation’s largest developers of housing — considering the possibility to abandon the nearly 14 thousand square meters of occupied offices. According to “Kommersant”, rentable business centers “Sirius Park” and “Dawn” the square company can sublease. Potential applicants — operators of coworking. Rejection additional offices will allow RUSH to save 350 million rubles a year, but is unlikely to become common practice in the market.PIK may abandon the office space, said four sources of “Kommersant” in the real estate market. So, the “PEAK-Comfort” (managed houses) will release a 2.8 thousand square meters in the business center “Sirius Park” on Kashirskoye highway in southern Moscow, and 11 thousand square meters in the business centre “the Dawn” in the area of the roof is planned to sublease. One of interlocutors “” specifies that PIK also declined from 600 sq. m at “trekhgornaya Manufactura”. He points out that after the rejection of all of these areas the group will be the headquarters of a private building with total area of 13.4 thousand sq. m on Barrikadnaya street in the centre of Moscow. In most PIK declined to comment. In KR Properties (the owner of BTS “breaking Dawn”) said “Kommersant” that the tenant did not submit an initiative for termination of the agreement. In the Plaza Development (owner, “ocean Park”) on request “b” did not answer.Interlocutors “” specify that optimizes the PEAK area of the offices is due to the fact that he fired some employees in crisis, and some will continue to work remotely and after the lifting of quarantine measures in Moscow. Director of Department of office real estate at Colliers International Natalia Bonneli indicates that on average one job is 8-10 sq. m. Based on this evaluation, on the liberated areas could work up to 1.4 million people.PIK is one of the largest Russian development companies since 1994. The main owner of the business — Sergey Gordeev, a controlling 59% stake in the company, another 23% in the portfolio of the VTB group. According to IFRS, at the end of last year, the revenue of OJSC PIK group amounted to 280,64 billion rubles, profit from operating activities of 60.56 billion rubles is Now in progress 6.7 million sq m, according to the uniform resource developers.Square “Sirius Park” to “PEAK-Comfort” was leased in 2016. Interlocutors “” specify that now they are available for rent as available. Premises in “Dawn”, the company leased at the end of 2018. One of Kommersant’s sources explained that now the negotiations for the sublease of this property is underway with the operators of flexible office spaces. “The owner is unlikely to agree to the fact that the tenant has sub-let them to several companies, rather we will focus on one structure”— explains the Director of the division of the office premises CBRE Elena Denisova. Director departmentsthe office real estate Knight Frank Maria Zimina indicates that the chance of a lease, typically, is separately described in the agreement with the owner. “Apparently, she says,— it’s right at the PEAK, otherwise the company would not be able to sublet”.Knight Frank estimates the cost of renting space in the “Sirius Park” on average 20-21. 5 thousand rbl. for 1 sq. m a year. Thus, the room could cost a PEAK of 56 million rubles per year. According to Forbes, offices in the “Dawn” company withdrew at the price of 27 thousand rbl. for 1 sq. m. That is, the costs PEAK rent of the premises amount to 297 million rubles. per year. But this rate is below the current. Now the area in the “Dawn”, according to Knight Frank, are offered at 31-33 thousand RUB for 1 sq. m a year.Elena Denisova indicates that, contrary to the forecasts made at the beginning of the crisis, the refusal of the offices did not become a mass trend and growth in demand did not happen. “Some of the companies up to the end of the year will be to try a format for remote work for certain categories of employees”,— the expert believes. Maria Zimina agrees that the massive release of space, the office market is not expected; rather, they can go about reconfiguring the current space, the abandonment of the premises.Alexandra Mertsalova, Elizaveta Makarova, Khalil Amine
