Translation. Region: Russian Federal
Source: Moscow Government – Government of Moscow –
Since 2022, as a result of online auctions, the city has concluded contracts for the purchase and sale of more than 700 thousand square meters of commercial premises and buildings with investors. This was reported at the XXVIII St. Petersburg International Economic Forum (SPIEF) Ekaterina Solovieva, Minister of the Moscow Government, Head of the Moscow Department of City Property.
“The city systematically forms various offers for business: detached buildings, premises in residential and non-residential buildings. Entrepreneurs and private investors can find options in almost all districts of the capital. Over the past 3.5 years, about seven thousand buildings and non-residential premises with a total area of over 700 thousand square meters have been sold at city auctions. At the same time, in 2022 and 2023, 1.5 thousand and more than three thousand commercial buildings and premises were purchased from the city, respectively, and in 2024 – over 1.7 thousand objects,” noted Ekaterina Solovyova.
Digitalization of trading has simplified the process: since 2021, transactions have been processed electronically, and the entire cycle – from the application to the transfer of keys – takes place online.
“The convenience of participating in electronic auctions and the legal purity of the transaction contribute to the consistently high interest of entrepreneurs in the city’s proposals. Over the past 3.5 years, an average of seven participants have applied for one commercial property,” said the head of the Moscow City Department for Competition Policy
The acquired premises are used to open or expand a business: in small ones, beauty salons, coffee shops and creative studios are opened, in large ones – supermarkets, restaurants and offices.
All information about the premises put up for auction is presented on the capital’s investment portal. You can learn more about them, study the lot documentation and the rules for conducting auctions in the section “Property from the city”.
The development of electronic services for entrepreneurs is being implemented within the framework of the national project “Data Economy”.
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