"Ташир" вышла к бору с партнером

The Tashir group of companies, owned by Samvel Karapetyan, turned out to be not the only investor in the construction of the "Capital Shore" apartment complex worth $150 million in Serebryany Bor, northwest Moscow. Half of the necessary investments can be contributed by the structure of JSC "Korona". One of the owners of this business, Ali Visaev, is known for his unsuccessful project of the reconstruction of Pushkin Square.

According to two sources familiar with the company's activities, the Tashir group (with the main owner Samvel Karapetyan and a developer portfolio of 2.5 million square meters) has a partner in the construction project of the "Capital Shore" apartment complex on Taman Street in the Serebryany Bor area. According to one of them, it is the structure of JSC "Korona". ""Tashir" invested 50% of the total investment amount in this project, the same amount was contributed by the partner," adds another source. Tashir declined to comment. The secretariat of JSC "Korona" stated that they were not familiar with the company's plans for the construction of apartments.

JSC "Korona", according to the information on the company's website, has been in existence since 1988 and specializes in the distribution of Spanish olives and oil under the Acorsa brand. In 2015, the company's revenue was 318.14 million rubles, with a net loss of 95.8 million rubles (data from Kartoteka.ru). According to EGRUL, the company is controlled by Karen Bagdasarov and Ali Visaev. The latter is known as the owner of "Goltra" company, which invested in a pilot project for organizing commercial areas at the Yaroslavsky railway station. Until the autumn of 2010, Mr. Visaev also headed the OJSC "Torgovo-Dosugovyi Tsentr "Tverskoi", which was involved in the project of the reconstruction of Pushkin Square. The shareholders of TDT "Tverskoi" were LLC "Professional Business" of Ali Visaev (8%), the Department of Urban Property (30%), and Turkish MNG Holding (62%). Later, the Moscow City Hall canceled the implementation of the project. It was not possible to contact Mr. Visaev. According to EGRUL, Karen Bagdasarov was previously a joint owner of LLC "Dinamo-Petrovsky Park XXI Vek-MSH", currently controlled by the Dutch company Hotel Development and Investment B.V., a subsidiary of the Turkish Akfen.

The registration address of "Korona" coincides with the address of the developer of the "Capital Shore" complex, LLC "Virtus-R". According to information from Kartoteka.ru, this company is controlled by offshore companies "Leroy Ventures SA" (50%), "Amolent Global Inc", and "DPRG Holdings Ltd" (25% each). The successors of "Virtus-R" are LLC "Volna Bor" and LLC "Quadro M", where previously Georgiy Minasov was listed as the leader: he also headed "Dinamo-Petrovsky Park XXI Vek-MSH" and CJSC "Stroyinvest" - another subsidiary of "Korona".

About the participation of "Tashir" in the project for the construction of an apartment complex on 8 hectares on Tamanskaya Street, it has been known since 2012. This site is located deep within the forested area of Serebryany Bor in the northwest of Moscow. Initially, the project involved the construction of an apartment hotel with a total area of 50,000 square meters. Currently, as "Tashir" previously reported, the focus is on a total residential volume of 40,000 square meters, which entails the construction of townhouses, villas, and premium-class residences. The total investment volume in the project was previously estimated by the developer at $150 million. The Chairman of the Board of Directors of Kalinka Group, Ekaterina Rumyantseva, considers this amount to be reasonable. According to her estimates, the apartments will be sold at an average price of 500,000 rubles per square meter. Therefore, in the case of successful implementation of all the constructed areas, the revenue will amount to 20 billion rubles, or $308.2 million at the current exchange rate. The Director of the Consulting Department at Knight Frank, Olga Shirokova, has a less positive outlook: "In the neighboring properties of Serebryany Bor, deep within the park, according to our data, transactions have recently been closed at a price of 350,000 rubles per square meter, in multi-storey new buildings on the border of Serebryany Bor - at 200,000 rubles per square meter, and on the secondary market - at 200-300,000 rubles per square meter."

Alexandra Mertsalova