The developer of luxury housing — the company Vesper — you may receive a third project in Khamovniki, one of the most expensive areas of Moscow. The company is discussing the purchase of land where now is located old business center. Now the office market is experiencing not the best times, and Vesper advantageous to the city hall permission to build expensive housing.Vesper Boris Azarenko and Denis Kitaev can purchase a plot for construction in Nesvizhsky lane in the center of Moscow, said three sources of “Kommersant” in the real estate market. In Vesper, declined to comment. According to two interlocutors “Kommersant”, the company is discussing the purchase of 0.4 hectares in the Nesvizhsky lane on the corner of the street by Leo Tolstoy. Now there is an old business center of class B with an area of 12 thousand square meters, the Company is now, in principle, is actively seeking land for new projects, adds another source of “Kommersant”.Vesper specializiruetsya on the construction of luxury properties in its portfolio provided 11 complexes, all of them located inside the Third transport ring. The company also tried to implement a hotel property within its complex Vesper Fairmont Residences on the 1st Tverskaya-Yamskaya street. After several attempts to sell the interest in the object eventually bought the company, “Sberbank Investment”, reported by “Vedomosti” in may.In Khamovniki at Vesper already has two projects in Prechistenskaya and Exchange streets. This area is one of the most expensive in Moscow from the point of view of housing, but in the first quarter of 2020 for the first time in a long time, lost the lead by number of deals, reported by “Kommersant” in April. Then at the Khamovniki district accounted for about 5% of the demand in the market of high-budget real estate, and in first place was the Ramenki district, where there were a total of 19% of transactions.In the Nesvizhsky lane was recently sold another parcel area of 0.2 ha in winter the building is the former chemistry Department of the Moscow pedagogical state University purchased at auction by the company “Koshelev-the project” the Deputy of the city Duma of Samara, Vladimir Koshelev. The structure has agreed to pay for the object 266 million rubles, and if it is going to develop the site, judging by the site developer, this will be his first project in Moscow.According to estimates of the Director of Department of consulting and Analytics Knight Frank Olga shirokovoj, now in Khamovniki (outside the Garden ring) are sold flats and apartments in 11 projects of elite and premium level. The total supply reaches 50,3 thousand sq m, and the average price of 780 thousand rubles. per 1 sq. m. But until the market demand of high-budget housing is shrinking, analysts add: in January—March the number of transactions decreased by 10% compared to the first quarter of 2019. The leader in sales of expensive housing was just one of the projects Vesper — Lucky complex on Krasnaya Presnya.Practice Director transaction real estate at PwC Russia Sayan Tsy��yongee’s suggests that the future residential complex will be built in the same volume as the existing business centre (about 12 thousand sq m). He estimates the transaction cost 1.5–2 billion rubles. to Maintain the functionality of the building as an office center now is not the right decision, said Mr Tsyrenov. “Square class B lease are usually small companies that are now able to massively abandon the premises because of the difficulties in the business associated with the pandemic,” says the expert.He recalls that Vesper had the experience of buying old buildings and subsequent redevelopment for housing of a premium class. Partner at Cushman & Wakefield Alan Baloev believes that interest Vesper to the object is primarily due to the location — in the center of Moscow, almost no sites of this size.Elizaveta Makarova
