Geo-information Systems and Retail Real Estate Analysis
Development (redevelopment)
Successful redevelopment of 8 properties totaling
about 60,000 sqm has been carried out for 18 months
RRG Property Management is willing to act as Customer, Builder and/or General Contractor in the development
process. The company successfully redeveloped 8 real properties with aggregate floor space nearing 60,000 sqm.
A distinguishing characteristic of RRG is a high technological level at all stages. In particular, RRG employees have
a perfect command of the technology minimizing the losses from the reduction in rental payments during the time
of construction and repair works. At one of the properties subjected to redevelopment we managed to organize the
works in such a way that the period of interruption in rental proceeds did not exceed 20 days. In-house consulting
and research divisions allow the development of the most profitable concept for a given property, while an in-house
brokerage department guarantees the property occupancy on the best terms for the Landlord.
Among the most successful projects is redevelopment of a production facility into a mixed-use comprising office
space and a convenience shopping center. The yield of the building rose more than 6.5 times after its renovation.
The investment in redevelopment will return within two years.
Head of the arm: Alexander Gorshenin, CEO RRG Property Management.View entire presentation