SBER BECAME THE OWNER OF THE CAPITAL'S NOVOSPASSKY

BUSINESS DISTRICT. The Novospassky business district in the capital became the property of Sberbank. The credit institution acquired the property located on Derbenevskaya Embankment by signing an agreement with Alexander Skvortsov on April 28, 2025. He was approved for the role of the bankruptcy trustee of the Moscow Cotton Factory.

This decision reflects the result of lengthy insolvency proceedings. As a result, the bank became the owner of an asset of significant commercial value. The usable area of Novospassky is 110 thousand square meters. meters. However, the details of the contract, including its amount, have not been disclosed.

The business quarter remained one of the significant property assets of the development group, which was owned by the former owners of Promsvyazbank, Alexei Ananyev and his brother Dmitry. The NSN Group (now called Progress-N) became insolvent two years ago. According to Fedresurs, the company's debt to creditors amounted to 17.6 billion. Of these, 13.6 billion were secured by collateral.

The real estate object itself, which is currently leased by large business structures (BBDO Group, Softline, GRCC), was built in Moscow 22 years ago. Previously, they wanted to sell it through an auction at a price of 16.2 billion. Later, the price was reduced to 14.6 billion. However, the deal never took place.

The lender bank of the Moscow Cotton Factory. Taking into account the debt and after several unsuccessful attempts to find a new owner for the property, he decided to purchase the property himself. It is expected that the loan structure will now try to improve its profitability under lease agreements. In the future, the bank may sell the property if market conditions become more favorable. Experts note that after the acquisition of this facility, Sberbank gets the opportunity to use it as a leased business or convert it to other needs, including, possibly, for residential development.

The deal is part of Sberbank's broader strategy, which includes the acquisition of commercial real estate owned by debtors. Sberbank has already acquired several large retail facilities in the past. Questions related to the future use and development of Novospassky remain open, but it is already clear that Sberbank considers it as an important asset in its portfolio strategy, including in terms of possible reconditioning and increased profitability.

Photo: sostav.ru