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2022: JetBrains sold a business center in St. Petersburg worth 1 billion rubles
Russia The IT company that left JetBrains sold the Universe business center in. St. Petersburg This became known on August 23, 2022.
According to Kommersant, citing data from the Unified State Register of Legal Entities, at the end of July 2022, the owner of LLC IC Universitetskaya, on whose balance sheet Universe is located, was Polis-St. Petersburg LLC, the structure of the Sterkh corporation of Andrei Fedorov, which is one of the largest warehouse developers in St. Petersburg.
JetBrains owns two buildings on Primorsky Prospekt (30 thousand square meters) in St. Petersburg by August 23, 2022, as well as an unfinished office next to them with an area of 35 thousand square meters. m.
According to experts interviewed by the publication, the sale of the objects remaining from the IT company is hindered by high expectations - they want to raise about $200 million for them. The head of projects of the investment department of Knight Frank St. Petersburg Sergey Duvanov said that this price exceeds the market by 50%. Experts predict that JetBrains will have to sell this asset at a discount.
The cost of the Universe business center is estimated by Bright Rich partner|CORFAC International Viktor Zaglumin at about 1 billion rubles. Probably, the business center was sold at a price above the market price, since it is offered to be rented at a rate of 2.7 thousand rubles per 1 sq. m, and this is one of the highest indicators in St. Petersburg, adds Ivan Pochinshchikov, managing partner of IPG.Estate.
JetBrains is developing software for programmers, headquartered in Prague. By August 2022, Forbes estimates the fortune of the company's founders Sergei Dmitriev and Valentin Kipyatkov at $4.1 billion and $2.9 billion, respectively. After the start of the Russian military special operation in Ukraine, JetBrains stopped working on the Russian market, began transporting employees and put up local real estate for sale.[1]
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