Industrial land plots are mostly required by Russian companies (87% of the total number of requests), and small plots (1–1.5 ha) are mostly demanded.
This statistics was presented by Director of Commercial Real Estate Sales of YIT Saint Petersburg Vladislav Talanin during a joint seminar of YIT and BORENIUS dedicated to “Implementation of an investment project of a client within establishment of a joint enterprise”.
According to the data provided by the experts from Greenstate Industrial Park, sectoral structure of investors who are interested in acquisition of industrial sites, is changing: top-5 companies in terms of the number of applications in 2019 includes trading and logistics companies which are now ahead of manufacturing enterprises.
61% of deals on industrial real estate are carried out concerning plots which are provided with engineering connections fully or partially.
Partner, head of section “Real estate and construction” of BORENIUS Maya Petrova listed the main risks which need to be analyzed before making a decision on acquisition of an industrial land plot: availability of engineering communications, availability of town planning restrictions, sanitary protection zones, environmental history of an industrial land plot.
Deputy Director of Economic Development Agency of Leningrad Region Anna Koroleva told about implementation of investment projects in the region. “It is important for investors searching for industrial land plots to have specialists who understand specific features of this work. Economic Development Agency of Leningrad Region partially provides such support for investors,” noted Anna Koroleva.
Commercial Real Estate Director of YIT Saint Petersburg Maxim Sobolev told about offers of YIT to potential investors – implementation of investment projects within establishment of a joint enterprise. Maxim Sobolev noted that such scheme of work together with YIT will allow investors to reduce project risks and its economic efficiency.