Oleg Epifantsev: The profitability of Polyanka Development will be estimated at 30 million. dollars annually

The company «Polyanka Development», whose co -owner is Oleg Petrovich Epiphants, invested in the creation of office centers in the Russian capital of $ 215 million. The purpose of the investment project is to create a network of office centers in Moscow, which will be known under the Brand «Polyanka Development». To implement the project, the company bought two business centers in the Central Administrative District of Moscow. Their total area is about 7 thousand. sq. m. The company intends to purchase or build about ten objects for offices with an area of ​​about 70 thousand. sq. m. It is known that the company will convert the purchased premises into offices of a different level — a higher class.

The co -owner of the company of Epiphants Oleg believes that the implementation of the project of the Office Pole «Polyanka Development» will bring to the company at least 30 miln annually. dollars of net income. The Brand «Polyanka Development» in the commercial real estate market will be associated with stability and success.

If we take it in general, the company is oriented to create class B offices, with. Epiphants Oleg believes that it is precisely such premises that will be in demand by companies most of all. A distinctive feature of the network of office buildings in Moscow, which will be created by the «Foles of Development», will be uniform management standards and a consolidated lease policy. The class of business centers will correspond to the cost of the office, the level of management and the set of services provided.

It should be noted that the market of capital office real estate is developing dynamically against the background of stable growth in the activity of construction companies and an increase in demand for office premises by business structures. In addition, the share of free areas is noticeably reduced. This process inevitably leads to an increase in rent for the rental of premises. According to experts, the demand for the office for the office will continue its steady growth. Even in 2011, the saturation of all segments of this market may not occur.

The stabilization of the economic situation in our country also depends on increasing the profitability of office projects, such as Polyanka Development. As a result, a decrease in the rate of the necessary profitability in the office real estate market from 11% per year should occur to 7%.