The market of trade real estate of Saint Petersburg in 2017 began slow rehabilitation

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according to experts of IPG.Estate, the market of trade real estate of Saint Petersburg in 2017 began slow rehabilitation.

By our estimates, the market of trade real estate in 2017 began slow rehabilitation that is confirmed by a number of the sign occurred events and announcement of plans by players.

B 2017 in the market of trade real estate there passed one of the most large deals for the last years. LLC "MOLLTEK" bought one of the most qualitative objects of Saint Petersburg – Broadcasting Company "Summer".

One of the most attractive assets for investors still have Shopping Center Nevsky Center offered for sale to the Finnish Stockmann Group still in the fall of 2016.

Also should note and that fact that the Petersburg profile players began expansion of the capital market: at the end of last year company FortGroup bought five shopping centers in Moscow from the Austrian companies to Immofinanz.

the International investment company Hines began realization of the second turn of Outlet Village of Pulkovo which total area will make 6,5 thousand sq.m. Input is planned for 2018.

B 2017 the international company Fashion House Group announced start of construction of the first stage autleta near Pulkovo, opening which is planned for 2018.

Besides new projects in Saint Petersburg development will continue a trend on a rekontseption or reformatting and renovation already existing shopping centers which concept is morally obsolete. Renovation the existing areas will be increased by appeal of objects from tenants.