
At the beginning of April 2015, one of the largest transactions of the year ended - VTB bought a control package of City Land Group LLC (SLG) from lawyer Dmitry Yakubovsky for 15.1 billion rubles (more than $ 260 million), consolidating about 90% of the share in the company.
City Land Group with fully introduced authorized capital in the amount of 141 billion rubles controlled about 8 thousand hectares of land in the Moscow Region (in Stupino and Mozhaisk), and at the end of 2013, permission to build more than 25 million square meters was obtained on them. m social housing. For comparison: for the whole of 2014, in the suburbs, according to the regional authorities, 8.255 million square meters were introduced. m housing.
According to Kommersant , it is possible that the "daughter" of the Gosbank VTB - company "Galsi -Seelopment" will deal with the project of large -scale construction. According to the publication, in terms of investment, this construction can be very large - about $ 50 billion of orientation costs. And with the current demand for housing, an investor can count on a profitability of 15%.
In addition to millions of sq. Milia Bank VTB intends to build logistics centers on acquired lands, as City Land Group was included in the targeted program for the development of the Moscow Region Transport Complex for the period until 2020. Two terminal logistics centers will be placed on 700 hectares of land - Stupino SLG and Mozhaisk SLG with a final annual cargo turnover of up to 24 million tons. About 700 hectares of land are intended for the withdrawal of industrial enterprises from Moscow.
Thus, the VTB group, having received about 90% in City Land Group, can increase profit in the first half of 2015 and give a signal to the development of infrastructure projects in the country with the participation of state banks.