Translation. Region: Russian Federation –
Source: Moscow Government – Government of Moscow –
Since the beginning of the year, tenants of capital real estate have bought out almost 400 properties under the right of first refusal. This was reported by the Minister of the Moscow Government, Head of the Department of City Property Maxim Gaman.
“Small and medium-sized businesses that rent buildings and non-residential premises from the city can buy them out under the right of first refusal. Over the first nine months of 2024, entrepreneurs have privatized 387 properties with a total area of almost 57 thousand square meters in this way. This is 32 percent more than in the same period last year, which indicates high business activity in the capital,” said Maxim Gaman.
Preemptive redemption is a measure to support small and medium-sized businesses. It is available to entrepreneurs who have been renting real estate from the city for at least one year and have been included inregister of small and medium-sized businesses (SMEs). The lease term for non-residential premises sold at auctions for small businesses is at least two years. The property has been in thelist of objects, intended for SMEs.
Transactions are concluded without holding auctions. The value of the object in this case is equal to the market value, it is determined by independent appraisers. Tenants can buy the property in installments from five to seven years. The overwhelming majority of entrepreneurs use this.
Among the registered properties are more than 380 premises with a total area of over 53.5 thousand square meters, as well as three buildings with an area of over 2.7 thousand square meters.
The most popular properties among entrepreneurs are in the city center. SMEs bought 65 premises and two separate buildings with a total area of almost 11.6 thousand square meters in the Central Administrative District. In the south of the capital, small and medium businesses registered 50 premises as their property, with a total area of approximately 6.6 thousand square meters, and in the southwest — more than 40 properties with an area of about eight thousand square meters.
To buy out the property, the tenant can use the state online service “Paid alienation of real estate leased by small and medium-sized businesses from the state property of the city of Moscow”. Sales and purchase agreements are concluded electronically.
Development of electronic services for business corresponds to the objectives of the national project “Digital Economy”. You can find out more about this and other national projects being implemented in Moscow Here.
Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.
Please note; This information is raw content directly from the information source. It is accurate to what the source is stating and does not reflect the position of MIL-OSI or its clients.
http://vvv.mos.ru/nevs/item/146230073/