The AHRF entered into a cooperation agreement with a subsidiary company of Rostelecom – Telecom-5 LLC

On May 20th, the Auction House of the Russian Federation (AHRF) and Telecom-5 LLC (a subsidiary company of Sberbank PJSC and Rostelecom PJSC) signed a three-year agreement. Under the terms of the agreement, the AHRF will sell the company’s real estate.
The portfolio of Telecom-5 includes 43 real estate objects with a total area of 265 thousand sq. m in Moscow, Saint Petersburg and other cities of Russia. Among the objects in Moscow there are an office building with an area of 2.3 thousand sq. m near Kievskaya subway station on Plyuschikha Street and an office building with an area of 3.9 thousand sq. m near Tverskaya subway station in Degtyarny Lane.

As a part of the agreement the AHRF will carry out a full range of marketing and advertising activities to promote assets, search for investors, as well as will provide a full legal support for transactions and bidding holding.

The AHRF has already received the first two objects in Yaroslavl and Rostov-on-Don for sale. At the moment the value of assets is being evaluated. The date of the auction will be announced in shortest time.

1. Four-storey office building with an area of 5.8 thousand sq. m in the centre of Yaroslavl near Bogoyavlenskaya Square.
Address: 22, Komsomolskaya Str., Yaroslavl.
Immediate surrounding is mainly represented by public and business development. Nearby there are major transport arteries – Moskovskiy Avenue, Komsomolskaya and Bolshaya Oktyabrskaya streets. Public transport stops are within walking distance.
The building is in good condition. Currently part of the areas is rented out for offices.

2. Office building with an area of 10.9 thousand sq. m near bus and railway stations in Rostov-on Don.
Address: 47, Bratskiy Lane, Rostov-on-Don.
The building is located in a quiet lane between Pushkinskaya and Bolshaya Sadovaya streets. Immediate surrounding is represented by historic development and modern residential and office complexes. Nearby there is one of the main city arteries – Sivers Avenue.