MIL-OSI Russia: Moscow has sold about 100 historical objects at auction in 3.5 years

Translation. Region: Russian Federal

Source: Moscow Government – Government of Moscow –

Since 2022, business representatives have purchased almost 100 architectural monuments from the city through auctions. Department of City Property concluded purchase and sale agreements for buildings and premises with a total area of over 16,000 square meters. This was reported at the XXVIII St. Petersburg International Economic Forum Ekaterina Solovieva, Minister of the Moscow Government, Head of the Moscow Department of City Property.

“The capital’s architectural monuments of the 18th and 19th centuries, as well as the early 20th century, are especially attractive to investors. Since 2022, the city has sold almost 100 cultural heritage sites at auction – non-residential buildings and premises in them – with a total area of over 16 thousand square meters. Among them, for example, is the house of the non-class artist Adrian Silversvan of the 19th-20th centuries, as well as the dacha of Alexander Levenson in the Novo-Peredelkino district. Each cultural heritage site is exclusive due to its history. Entrepreneurs can profitably use architectural monuments when implementing projects,” noted Ekaterina Solovyova.

Investors will be able to purchase a historic building in Novo-PeredelkinoCity puts artist Adrian Silverswan’s house up for auction

The sold areas are located in identified cultural heritage sites (CHS), as well as in CHS of federal and regional significance. They are located in seven administrative districts of Moscow. According to the terms of the purchase and sale agreements, the winners must use the buildings and premises in accordance with the security obligation. It also provides for restoration and reconstruction work, which the new owners agree with the capital Department of Cultural HeritageThe organizer of the auction is Moscow City Department of Competition Policy.

More information about current offers from the city is published onMoscow investment portal.

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