For sale offered a ready rental business with currency rental rate

The Auction House of the Russian Federation (RAD) is preparing for sale the complex of buildings with a total area of 10.5 thousand sq. m. with land plots with a total area of 0.4 he.
The object is completely rented until 2035 by large IT-company.

Detailed information

The complex of buildings located near the metro station Dubrovka in Moscow at the address:
building 8, building 6, house 11, Sharikopodshipnikovskaya Street.

Starting price – $ 35 million (at the exchange rate of Central Bank of the Russian Federation on the date of the transaction).

The Owner of the assets – CJSC VinNet R.

The object is located in an area with good transport accessibility near major highways of the capital – Volgogradsky Avenue, the Third Ring Road and Sadovoye Ring.

“While acquiring the given assets, the investor receives a ready business, generating a constant currency revenue.
The combination of such factors as: availability of long-term Lease Contract until 2035; highly stable tenant represented by the Russian subsidiary company of the international company providing services in processing, storage and dissemination of information (Data Center) and quarterly lease payment at the rate of the Central Bank level the risks of currency fluctuations, exerting today a significant influence upon the real estate market” (Vadim Pirushin, Head of Directorate of Sales).

Bidding is scheduled for the end of the first quarter of 2015.