Content |
Owners
History
2024: Kama Capital bought Outlet Village Pulkovo and part of Outlet Belaya Dacha from the Americans
In December 2024, the Government Commission for Foreign Investment Control approved the Kama Capital holding to acquire the Outlet Village Pulkovo shopping complex in St. Petersburg and a stake in Outlet Belaya Dacha near Moscow from the American investment fund Hines.
According to Kommersant, the market value of the objects is estimated at ₽25 billion, but taking into account the debt burden and the mandatory discount for transactions with foreign companies, the total amount may be ₽11 billion.
Marina Malakhatko, Senior Director of CORE.XP, notes that outlets remain a stable format of retail real estate even during crisis periods, although the main challenge is the formation of a high-quality pool of brands after the departure of foreign retailers.
Once the deal is complete, Hines will continue to manage the facilities. In Outlet Belaya Dacha, the American company owns 58% of the area, the remaining 42% belongs to the structures of the founder of Belaya Dacha Group of Companies Viktor Semenov.
Kama Capital specializes in investments in commercial real estate, managing a portfolio of 450 thousand square meters. m of office, retail and warehouse real estate. The consolidated revenue of the holding for 2024 will amount to ₽6,7 billion.
NF Group partner Stanislav Bibik emphasizes that the acquisition of two facilities will achieve a synergistic effect through effective management of rental relationships and marketing activities.
According to CORE.XP, in January-November 2024, the volume of investments in shopping centers in Russia decreased by 70% to ₽77 billion, and the volume of new construction decreased by 5% to 351 thousand square meters. m.
The NF Group predicts that the total volume of investments in commercial real estate by the end of 2024 will reach ₽1,1 trillion, which will be a record figure in the entire history of observations and will exceed the previous peak by 26[1]