27.10.2014

The first auction for the sale of Kazan municipal property within the framework of privatization is announced

The Auction House of the Russian Federation (RAD) offered for sale three blocks of shares owned by the city of Kazan’:

1. 100% of shares of OJSC Moscow Market
The company owns a land plot with an area of 1.4 he in ten-minute driving from the center of Kazan’. On the plot there is a building of the market with an area of 4 thousand sq. m.
The plot is located in an area with good transport accessibility – in five-minute walk is the underground station “Yash’lek”, in twenty minutes – Kazan’-2 railway station. Nearby is one of the central main traffic arteries of the city – Dekabristov street.
Now on the given territory there is a market.
The future owner can carry out redevelopment of the area, constructing on the territory a trading complex with an area of up to 34.8 thousand sq. m. with parking.
Date of the auction – 5 December.
Starting price – 247,871,000 rubles.
Reference to the auction

2. 100% of shares of OJSC Novo-Savinovskiy Wholesale and Retail Market
The company owns a land plot with an area of 2.4 he in ten minutes of driving from the center of Kazan’.
The plot is located in the center of the biggest bedroom community of the city – Novo- Savinovskiy in the block bounded by Fatykh avenue, Amirkhan avenue and Yamashev street, Vosstaniya street and Adoratsky street.
Now on the given territory there is a market.
The future owner can carry out redevelopment area, constructing on the plot an apartment block with a total area not more than 96.6 thousand sq. m. and trading and entertainment complex with an area of up to 60 sq. m.
Date of the auction – 8 December.
Starting price – 249,955,000 rubles.
Reference to the auction

3. 100% of shares of OJSC “Zhilservice”
The main activity of the company is the implementation of housing and public utility services in the Republic of Tatarstan – housing management, operation and repair works, the provision of sanitary maintenance and others.
The company has contracts in force for carrying out services with the repair and construction municipal enterprises of Kazan’ – LLC Management Company Cozy House, OJSC Kazan’tsentrstroy, Municipal Unitary Enterprise (MUE) Municipal Equipping with Services and Utilities, CJSC Restoration, LLC BiznesStroyProektInvest and MUE Energoservice Centre.
During 2013 net profit of the company was more than 2.3 million rubles.
Date of the auction – 5 December.
Starting price – 134,045,000 rubles.
Reference to the auction

“One of the most investment-attractive regions in Russia is Tatarstan. This is the place where one can invest in a variety of business segments.
Blocks of shares exhibited for sale today – is a great opportunity for investors to enter a new market.
“Zhilservice” is, in fact, a ready business, which brings a steady annual income.
Shares of Moscow and Novo-Savinovskiy markets on the one hand is a ready profitable business, on the other – may interested developers. Both markets are located practically in the center of Kazan’, and are well-known for citizens. Construction of modern trading complexes on the markets territory – a profitable investment: direct purpose of the territories will not change, and thus the practice of citizens to come here for shopping will continue”. (Andrey Stepanenko, General Director of the Auction House of the Russian Federation).

For reference:
In July 2014, in accordance with the 44-Federal Law the Municipal Unit of Kazan’ city held a contest for the right to organize and hold the auction for the sale of the city property. According to the results of competitive selection by the end of 2014 the Auction House of the Russian Federation will hold an auction for sale of the six blocks of shares owned by the city: OJSC Zhilservice, OJSC Moscow Market, OJSC Novo-Savinovskiy Wholesale and Retail Market, OJSC Kazmetrostroy, OJSC City Hospital № 12 and LLC KBER Bank of Kazan’.