It became known that the investment fund Morgan Stanley acquired the shopping center "Gallery" in St. Petersburg. The main feature of the purchase was that the property was valued at $1.1 billion, a record for the Russian commercial real estate market.
Shopping center "Gallery", located on Ligovsky Prospekt, has a total area of 192 thousand square meters. meters. It is known that its construction cost 380 million dollars. It housed 250 stores. The retail space of the shopping center is 93 thousand square meters. meters. Underground parking can accommodate 1200 cars.
Prior to this, the shopping center belonged to the company Meridian Capital. The early shopping center has already been put up for sale at a price of $1.2 billion.
This deal is one of the most expensive on the Russian market since 2000, when the hotel The Ritz-Carlton in Moscow, 700 thousand dollars were paid.
The fact of the transaction is reported by the news agency Bloomberg.