Corporation of China Jin Yuan intends to invest about $ 500 million in the construction of a multifunctional complex (IFC), the Hermitage on the Moscow Ring Road. According to the newspaper "RBC daily" ( http://www.rbcdaily.ru/ ), the relevant Chinese businessmen have reached an agreement with the company "Slavyansky Mir" Valery and Vladimir Leschikovyh, which owns the building plots.
IFC, which will include 1.5 million square meters of commercial, warehouse, office and hotel space, located on-site construction fair "41-th km of Moscow Ring Road", located at the intersection of the Moscow Ring Road and the Kaluga road. The old market will be relocated to a neighboring area, also owned by brothers Leschikovym.
According to the newspaper, in exchange for participation in the project joint venture Tszinyuan and the Russia-China Center for Trade and Economic Cooperation can get the right long-term lease of land for the complex. RKTSTES also negotiated the lease for the Chinese, 30 thousand square meters of space in the central market, which is created in the area.
Before the crisis, "lavyansky Mir" planned to construct on-site fair complex in the style of the Winter Palace, which would include a million square meters of housing and two million square meters of commercial real estate. Now it is only on the construction of commercial space.
Vladimir Leschikov stated that it is now summed up the communication and soon developer intends to begin construction. According to him, the project has already invested 70-80 million dollars.
In early September it became known, the corporation Jin Yuan, specializing in the oil industry and real estate plans in the next few years to create in Russia a network of trade and logistics systems "Eurasia". At the initial stage of the project in the purchase of ready and under construction total area of 1.5 million square meters of Chinese are willing to invest nearly a billion dollars.
Source: http://realty.lenta.ru/news/2009/09/07/investments/
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