Rus News Journal

“ the Edelweiss - Groups “ there is to growth

Yesterday a deputy of the State Duma of the Russian Federation, the shareholder and Open Society founder “ the Edelweiss - Groups “ Ajrat Hajrullin has presented the new project of a multipurpose complex on a place of present Kazan restaurant “ Akcharlak “. Investments are estimated in $120 million It there will be a skyscraper first in republic - height 40 - a floor building will make 165 metres. As the deputy of the State Duma of the Russian Federation, the shareholder and one of Open Society founders " has informed yesterday on summarising of competition among architects on the best outline sketch of a multipurpose complex; the Edelweiss - Groups “ Ajrat Hajrullin, building on a restaurant place “ Akcharlak “ will begin within 2007. For 1,5 - 2 years the building is already planned to put in operation. According to representatives “ the Edelweiss - Groups “ while the volume of necessary means and times of recovery of outlay is specified. The winner of competition - Open Company " will be engaged in the further working out of the project; the Personal creative workshop of architect Aitova “.

Mister Hajrullin has told that roughly investments into the project will make $120 million In “ the Edelweiss - Groups “ declare that it will be own company`s resources, however probability of attraction of investors do not exclude.

the complex will consist from trading - the entertaining centre, office premises, hotel rooms and a parking which areas are not defined yet. Feature of the project is that it will be the highest building of Tatarstan (40 floors, 165 metres). As the minister of building, architecture and housing and communal services of RT Marat Husnullin has informed „“, the republic management intends to make this complex a brand of Kazan. “ when have been summed up competition, we have reported on it on president RT Mintimer Shaymiev (on April, 16th, 2007. - „“). We consider that it is necessary to conduct parallel designing of roads nearby (the restaurant is on crossing of the several streets needing reconstruction. - „“) “ - mister Husnullin has noted.

Open Society “ the Edelweiss - Groups “ it is formed in 1992. Company founders are brothers of Hajrulliny Ajrat and Ilshat. The Authorized capital stock exceeds 4 mlrd rbl. Is the parent company into which structure enter a trading network “ the Edelweiss “ Open Society “ AKB “Power bank“ “ SK “ the Talisman “. In the company property there is more than 1 mlrd sq. m of the areas, including 200 thousand in sq. m. - commercial real estate.
complex Building is conceived contrary to oversaturation of Kazan office and floor spaces - in Kazan on each one thousand inhabitants it is necessary an order of 820 sq. m of floor spaces. In a city operate 29 trading - the entertaining centres which cumulative area makes 610 thousand sq. metres. According to committee of the consumer market and services of executive committee of Kazan, for today the volume of the market of office real estate of Kazan makes approximately 320 thousand sq. metres. “ in Kazan search with trading - the entertaining centres “ - it is convinced the assistant to the general director of the trading house of real estate “ Jort “ Zhuravlyov`s Dyne. As she said, in 2007 the sales volume of commercial real estate has fallen in comparison with 2006 to 50 %, the prices have decreased on 12 %.

However analyst IK “ the Three Dialogue “ Michael Terentyev considers that fears concerning redundancy of commercial real estate in regions are strongly exaggerated. “ modern office space does not suffice - oversaturation will not come still for a long time. Tenants start to show more requirements to premises, and demand advances the offer “ - mister Terentyev believes.

however, Zhuravlyov`s madam does not doubt that the project will pay off quite quickly. As the attractive factor for new business - the centre can serve its originality and relative nezagruzhennost as commercial real estate of area in which the building will settle down. “ I do not think that brothers of Hajrulliny will be put in the useless project. Most likely, the complex is under construction counting on investors “ - Zhuravlyov`s madam considers. In its opinion, the company of Moscow and St.-Petersburg on - former go on the regional market. In particular, the expert, interested in " assumes; Akcharlake “ there can be insurance companies, broker firms, distributors of digital technics. The project makes sense, if on premises already there are customers, analysts consider.

Lilija Mirgazieva