Translartion. Region: Russians Fedetion –
Source: Moscow Government – Government of Moscow –
The program “1 ruble per square meter per year” allows businesses to use a preferential rental rate. This was reported by the Deputy Mayor of Moscow for Urban Development Policy and Construction Vladimir Efimov.
“The program “1 ruble per square meter per year” has been operating in Moscow for 13 years. This is a mutually beneficial option for cooperation between the city and business, allowing for the restoration of architectural monuments and other objects and at the same time supporting entrepreneurs. Currently, following the results of the auctions, investors are renting 67 city buildings and premises with a total area of almost 65 thousand square meters, 48 of which – this is more than 50 thousand square meters of space – at a preferential rate. This year alone, their savings from participating in the program will amount to about one billion rubles,” said Vladimir Efimov.
Since 2012, winners of specialized tenders have been able to lease cultural heritage sites that are in poor condition. Since 2013, private schools and kindergartens can be located in renovated buildings, and since 2022, hotels.
The city concludes an agreement with an investor planning to open educational institutions for 49 years, and with entrepreneurs wishing to develop the hotel business for 20 years.
“Before the preferential terms come into effect, the business must renovate the building or premises, prepare it for the declared activity and start working, for example, conduct training or rent rooms to tourists. Private kindergartens and schools will save the most thanks to this program this year – 677 million rubles. Four participants in the program who invested in the development of the hotel business will save 56 million rubles in their budget, and 20 tenants of cultural heritage sites – 235 million rubles,” clarified the Minister of the Moscow Government, Head of the Department of City Property
Tenants of another 19 buildings, for which contracts have also been concluded under the “1 ruble per square meter per year” program, will be able to switch to a preferential rate once they have put them in order and opened a business.
As the head of the Department of Competition Policy noted Kirill Purtov, the city regularly puts up for auction for entrepreneurs and residents of the capital real estate objects, including buildings and premises under the preferential rent program. The showcase of offers is Moscow investment portal. In the section “Property from the city” Information about the lots is published, including photographs, documentation, conditions and form of implementation.
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