16.10.2013

Non-core property of Russian Railways sold at auction – a non-residential building in the center of Petersburg

On 16 October, the Auction House of the Russian Federation (AHR), by order of Russian Railways, held an auction to realize the non-core property of the company. Up for auction was a two-storey non-residential building of an area of 272 sq.m., located in the center of St. Petersburg, next to Vosstaniya Square.
6 application were made for participation in the auction.

Starting price of object – 12 million rubles. Over the course of the auction, the bidders made 13 steps.
The winner of the auction – a private individual – paid 19.2 million rubles for the lot.

 Address: St. Petersburg, 3 Orlovsky Lane.

“The main advantage of the object realized today is its unique location. The entire territory, all of the projects around the Moscow station, have a flow of clients all the year round. The railroad, and the flow of passengers from Moscow create a demand for all of the business projects located around the Moscow station. So this object, whether it is reconstructed as a mini-hotel, restaurant or business in the service industry will be profitable for its owner,” says Dinara Useinova, the deputy general director of AHR.

Reference:

The Auction House of the Russian Federation has held auctions for the sale of non-core property of Russian Railways since 2010. The company’s movable and immovable property is put up for sale.
Upcoming auctions:
24 October –three buildings with a land plot in the Priozersky region, Leningrad province;
14 November – land plot of an area of 31.4 hectares in Tomsk;
27 November – building with land plot in Tula.