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Mixed-Use Redevelopment, St.Petersburg City

Investment project is poised to deliver the ambitious transformation of high-populated district with a mix of shops offices and homes.
Realization value will amount well over $50m.
The regeneration project combines homes, restaurant and bars, a hotel, and a community cinema as well as offices and shops on one site.

Prime location, 1.8-hectares site, St. Petersburg City.
High-quality environment.
Opportunity and room to expand the site sevenfold.
Unlimited height of buildings.
Municipal burden is minimal.

Rather than having separate developments of homes, or shops, or offices, all should be put together to encourage people to live, work and play in one place.
By combining businesses, shops and homes you can make districts more lively, attractive and profitable.
Many of the most high-profile projects combine different property uses on one location.

Total returns from mixed-use property historically beaten single-use schemes.
Rental growth in this type of building continues to be superior, and investment expectations are that this will continue, so mixed-use yields will harden further.
All experts thought the trend would grow further in the next five years.

A developer will have to sell the homes freehold or let (commercials) on long leases.
Detailed presentation, terms and conditions are available upon qualified request.