On December 20, the Russian Auction House (RAD) sold 100% of the shares of Asteria LLC, which owns the Alatyr shopping and entertainment center with a total area of 73.4 thousand square meters. m (GLA 40.4 thousand sq.m.) in Yekaterinburg, on the street. Malysheva, 5. The sale took place on behalf of GPB Development of Assets LLC on the federal trading platform ETP RAD—Lot-online.
Transaction price – 1.528 billion rubles.
Buyer – PIK XV LLC.
The shopping center is located in an area with high business and tourist activity, not far from the Ekaterinburg Arena stadium.
< p class="doc__text">Alatyr is a modern shopping complex. Currently, the complex is almost completely filled with tenants. More than 70 shops are available to visitors. Among the anchor tenants are the Magnit hypermarket, the Extreme Fitness fitness club, the Razgon trampoline park, the Cinema Park cinema, etc.
Monthly attendance is more than 300 thousand people.
“A year or two ago, many predicted the failure of commercial real estate. But 2023 showed a diametrically opposite trend. Demand for commercial real estate, in particular for the segment of large shopping centers, not only fully recovered, but also showed record results. According to analysts, for the three quarters of 2023, the volume of investments in shopping centers amounted to 147 billion rubles. This is the highest figure in the entire history of the retail real estate market.
Using the example of RAD transactions, we also see this trend. Just the other day, the large Riviera shopping center in Moscow was sold for 10 billion rubles. Today we found an investor for Alatyr. The increased interest of investors in this segment can be explained by the strengthening of its position in the market, in particular, the emergence of new international retailers-tenants of space in shopping centers, which have replaced departed brands,” comments Alexandra Egorova, head of the Ural branch of RAD.
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