PIK Group may participate in the construction of 1.3 million square meters. m in the north-west of Moscow

PIK Group has begun consolidating sites in the north-west of Moscow, where 1.35 million square meters can be built as part of the integrated development of the territory (CTD). m of real estate. The PIK structure has become a co-owner of companies owning 4.3 hectares of land in this area, which may indicate interest in the implementation of the CRT. Analysts note the accumulated demand for housing in this territory, but warn about the risks of delaying the project due to disputes with owners who are unwilling to cede land and property under the CRT.

On September 22, PIK-Investproject LLC, controlled by PIK Group, received 100% of Capital JSC, which owns plots in the north-west of Moscow, follows from SPARK data. Capital owns 50% in Gamma Holding LLC, the parent structure of Ploshchad Strogino LLC and Trest Moszelenstroy LLC, which owns 2.7 hectares and 1.6 hectares on Marshal Proshlyakov Street. It was not possible to contact the former founder of JSC Capital, Kamilla Khafizova, and PIK Group did not answer Kommersant’s questions.

The indicated areas on Marshal Proshlyakov Street are included in the project of the Marshal Zhukova, possessions 17–63 with an area of ​​82.36 hectares. The Moskomarkhitektura portal says that 1.35 million square meters will be built here. m of real estate, including 954 thousand sq. m of housing, 400 thousand sq. m. m of public and business buildings and a hotel with an area of ​​24 thousand square meters. m.

The Moscow City Property Department told Kommersant that the city is currently working on this development plan and has not yet made a decision on how to implement the project. According to a representative of the department, letters were sent to the rights holders of the sites with a proposal to independently reorganize the site, and if they do not express such a desire, the city will appoint an operator or put up for auction the right to implement the project.

Timur Ryvkin, director of the Nikoliers land development department, says that, according to market information, PIK has already consolidated a large amount of land at the intersection of the Moscow Ring Road and Marshal Zhukov. The purchase of another 4.3 hectares confirms the developer’s intention to participate in the competition to acquire the right to implement this development project, he believes. According to the expert, the developer can also attract external partners for such a large project, especially since PIK has already sold projects or parts of them to other developers. Mr. Ryvkin estimates investments in KRT for Marshal Zhukov at 100–120 billion rubles, and revenue from the sale of housing at 250–270 billion rubles. The lack of supply on the primary market in the Strogino area has created a tangible accumulated demand, notes the founder of Best-Novostroy, Irina Dobrokhotova.

New residential complexes in the mass segment are now being designed primarily within the framework of KRT projects, says Alexander Kukarin, managing partner of Dolgov Pro. According to the Moscow City Hall, about 17% of the territory within the old borders of Moscow are industrial zones that will be reorganized. The total area of ​​KRT projects in Moscow can reach 2.45 thousand hectares with an urban planning potential of 35 million square meters. m. Investments in these projects are estimated at 8 trillion rubles.

However, such projects have risks. ILM partner Andrey Lukashev points out that the CRT mechanism involves the seizure of land and property from owners who may not always agree with this. Because of this, the implementation of the project may be delayed, notes a Kommersant source in the market. In addition, Irina Dobrokhotova adds, participation in the CRT requires developers to invest significant costs and attract new competencies.

Daria Andrianova; Konstantin Kurkin, St. Petersburg