Boulevard Ring (business center)

History

2023: Savings Plus bought BC Boulevard Ring

On October 25, 2023, it became known about the change of ownership of the Boulevard Ring business center, located on Chistoprudny Boulevard a few kilometers from the Kremlin. The object was bought by the Savings Plus company, the seller was the GPB asset development company associated with Gazprombank.

As Alexey Streletsky, manager of the Rental Income Missile Defense Fund (managed by Savings Plus), told Vedomosti, the purchase was paid for both with its own funds and through borrowed financing. The asset itself will be included in the ZPIF, he said. Real estate market experts, in a conversation with the newspaper, estimated the cost of the business center at 2-2.2 billion rubles. The price of the deal has not been officially announced.

Savings Plus specializes in managing investment, unit investment, non-state pension funds. The owners of the company were not disclosed, but, as indicated in the material, until March 2022 it was called "VTB Capital Pension Reserve." By the end of October 2023, Savings Plus is not related to the group, consultants noted to the publication.

As reported on the website of the "Boulevard Ring," the business center has 8 floors, the area of ​ ​ the building is 12 thousand square meters. m. On the territory of the BC there are several coffee shops, a dining room and other service points that ensure the convenience of staying in the building. In addition, there is underground parking for 78 cars.^[1]

2022: Owner - Gazprombank Asset Development

Gazprombank Asset Development became the owner of the facility only in 2022. As for the buyer, Savings Plus until 2022 was called VTB Capital Pension Reserve. With the help of the transaction, it was possible to complete the corporate dispute between the owners and the bankruptcy procedure, which was initiated by a third-party lender, Vedomosti notes.

Notes