A small shopping complex will be opened on the territory of the Kazan station in Moscow. The rights to create a gallery during the Russian Railways competition were acquired by a structure controlled by Vladimir Fisher, a former manager of Pyaterochka, Vester and Bely Veter retail chains, writes RBC Daily.
The company received the rights to manage a shopping center at Kazan Station until 2021. The company "Realway Service", according to the Unified State Register of Legal Entities, was created in the summer of 2010 by Vladimir Frisher and Natalya Ulyanova.
Under the terms of the auction, OOO “Realway Service” will create a new company in which a controlling stake (50% + 1 share) will be transferred to Russian Railways. The management of railway stations will provide space for the creation of a shopping center, and the winner of the auction will lease out some of the premises.
The total area of the shopping gallery will be 5300 square meters: tenants will be located above the platforms and on the top floor of the station. It is assumed that the commissioning of the complex will take place in December 2011. Experts believe that rental rates for retail premises at the Kazan Station will amount to $ 700 − 800 per 1 sq. M per year, and the total income from the work of the shopping center up to $ 2 − 2,5 million per year. For the management company, the standard remuneration is from 3 to 10 percent of the net operating income of the complex.