"City of millionaires" will build Sberbank

Sberbank received a control package in the elite development project "Rublevo-Arkhangelskoye" and will now try to build a "city of millionaires" himself. The bank received a 60% project as a result of the restructuring of the loan issued to the structures of the President of Binbank Mikail Shishkhanov, Vedomosti write with reference to a source close to the bank. He noted that the transaction has not yet been completed.

“We are already major owners of this project, strategic,” said the president of Sberbank, German Gref, promising him to “develop, invest him.” “Whether we will build a“ city of millionaires ”or“ city of pensioners ”is an open issue, but we will build.” Part of the project is owned by the bank, part in the pledge, he noted. "The interest (on the loan) is huge, so the borrower (" Rublevo -Arkhangelskoye ") can be considered already ours," Gref said.

On Thursday, Reuters, citing a representative of Shishkhanov, confirmed the fact of negotiations on increasing the share of Sberbank to Rublevo-Arkhangelsk. The bank can take the entire project until the end of the first quarter, the agency’s sources clarify.

As recalls "Vedomosti", "City of millionaires" 3 km from Moscow was invented by Suleiman Kerimov. In 2003, he bought 300 hectares between the Rublevsky and Novorizhsky highway to build 2.7 million square meters. m of elite housing, mainly low -rise and club houses, mansions, cottages, as well as commercial real estate. In 2007, the Rublevo-Arkhangelskoye was included in the Available Housing program, and then Karimov’s structures sold a project burdened with Sberbank’s loan, Shishkhanov, owner of the Binbank owner. His debt to Sberbank amounted to at that time about $ 5 billion in ruble equivalent, the bank later received 10% of the project, which cost it 3.6 billion rubles.

When the crisis struck, the construction of the city of millionaires was frozen . Now it is planned to build 2.2 million square meters there. m of housekeeper and business class and about 1 million square meters. m of commercial areas.