IPG.Estate team leased and sold 51,158 square meters of commercial real estate in St. Petersburg in 2020

IPG.Estate team ended the year with positive results both in business and in intra-corporate work. We would like to share our main achievements and plans for 2021.

2020 deals and completed projects

The research and consulting department closed a number of projects with a total area of 373 thousand square meters, including an analysis of the location for the purchase of a business center, several expert opinions on the cost of commercial real estate, an audit of an office building, the development of a recreation center concept and other projects.

In the beginning of 2020, the department of financial markets and investments closed the sale of the 10,000 square meter IFC Tkachi, previously owned by Ovental Group. The object was purchased by FHK Imperia (owns a network of Senator business centers).

The department of corporate services and investment sales in its first year also managed to close several deals on the lease of commercial premises, including the object on Nevsky Prospekt. The sale of built-in premises within the residential complexes began actively and several deals were closed. Also has been formed a portfolio of objects for sale with an area of 90 thousand square meters. Moreover, we have signed several exclusive contracts for the provision of corporate services with Russian and international major companies.

Last year the office real estate department closed a number of transactions both for rent and sale with a total area of 20,484 square meters. Our clients were such companies as NEOS, Melston-Service, Spetsproect, Rosenergoproekt and others.

At the end of 2020, IPG.Estate took the 1st place among international consultants in terms of the amount of transactions with office real estate, representing the interests of tenants and buyers.

The department of industrial and warehouse real estate closed several deals with a total area of 19,994 square meters for the Melon Fashion Group, EGO Engineering, Teplo3000, Magnetogor and other companies. Also this year, the brokers of the department of industrial and warehouse real estate closed one of the largest rental transactions in the St. Petersburg market: the Grace company leased a new 6,800 square meter warehouse in Sosnovaya Polyana production and warehouse complex.

Our construction project management department was launched at the end of 2019. During its first year, the department implemented projects with an area of 35,000 square meters. Our fit-out projects have been carried out for the companies such as FW Group, NEOS and others. Also has been completed a construction audit project of a Kemerovo plant, which overall investment exceeds 6 billion rubles.

Exclusive projects

IPG Estate's exclusive projects portfolio for the beginning of 2020 includes 5 projects. The department of corporate services and investment sales implements 2 sale projects: Ovental History business center and an 9,000 square meter object with a land plot of 2 hectares, with the housing construction possibility on a vacant plot in the Nevsky district. Other 3 exclusive leasing projects are implemented by office real estate department: 3,800 square meter Birch House business center, 5,500 square meter Krasnoarmeyskaya 11 business center and also 5,083 square meter Vladimirsky business center.

The Ovental Tower business center and the Pa-Na-Ma shopping center in Tyumen are still commercially available, as well as the Malevich business center with a total area of 7,200 square meters.

Our team

At the moment, IPG.Estate team carries out a full range of work with commercial real estate.

In the beginning of this year we established the department of corporate services and investment sales under the leadership of Alexey Lazutin.

In 2020, our team not only did not shrink, but also increased by 8 people. New employees came to the corporate services and investment sales department, the construction project management department, the PR and marketing department and also in the HR department.

In the department of industrial and warehouse real estate was promoted Kirill Vecher, who now holds the senior consultant position.

IPG projects

2020 conditions did not allow us to hold our traditional #IPGMarketInSight meetings with clients and partners, but we successfully gathered colleagues in an online format.

Other important task for 2020 was assigned to the research and consulting department, within which we launched the IPG.Research project. Our experts have developed a wide deployment of various real estate market segments and business sectors studies: in addition to traditional reviews of the real estate market, we have released 9 studies. The topics were: co-working spaces, apartments, investment tools, e-commerce, Gazprom`s expansion of St. Petersburg market, PropTech, the state of office segment in postpandemic and business development reality in general and so on.

We continue to develop in the PropTech direction and support our online real estate search services: officemaps.ru, skladmaps.ru, retailmaps.ru, apartmaps.ru.

Participation in the professional life of the community

In 2020, Ivan Pochinshchikov, IPG.Estate Managing Partner, became a co-chairman of the Office Real Estate Committee of the RGUD. Since this time, several online events on the topics of qualitative market development were held, and work on updating the classification of office real estate of the RGUD entered the active phase.

In addition to that, Ivan Pochinshchikov entered the CRE 100 in 2020 – the rating of the most influential people in the commercial real estate market. Ivan is one of the most influential people in the consulting segment. Also, it should be noted that Ivan is the only representative of the St. Petersburg consulting sector for the second year in a row.

Plans for 2021

IPG.Estate has been on the market for five years. In 2021, we are going to celebrate our first anniversary, and this is a reason to strive for more and set global ambitious goals.

For 4 years, we have formed a team that is able to provide a comprehensive range of commercial real estate services. We have gained a foothold in the market and occupied our niche. We decided that the fifth year is the time for us to actively expand our borders, moving to the regions of Russia and building a plan to launch work in Moscow.