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Volga 
Agriculture market instead of a car dealership and car shop 17.11.2009
Nizhegorodets Group, one of the largest regional car dealers, cancelled a project to build a large car dealership and shop and built an agriculture market instead. An agriculture market near Komsomolskoe Shosse in Nizhniy Novgorod was open y OOO trading organization Nizhegorodets last Saturday. According to the local Government, the 4.9 hectare market consists of two roofed-in pavilions to sell food and goods as well as street stalls, a parking lot, warehouses etc. The amount of investment is withheld though Nizhegorodets did mention that based on the rental rate of about 2.5k rubles per one square meter in the roofed-in pavilions and 300 rubles per one square meter of street space, the investments will pay back in five years. Kommersant reports, citing Maxim Klyaguin, an analyst with Finam Management that normally investments for such projects make about $50m, roughly $1k per 1sq. m. The plot was rented by the Group for 49 years back in 2007 to build a car dealership and car shop. The construction was to start in March 2007 and total amount of investments was estimated at 1.5 billion rubles. Though, according to General Manager of Nizhegorodets, Alexander Goikhman, because of the crisis, the plans were dropped: “Car sales plummeted 80%. A market will generate more cash under the given circumstances.” Regional authorities supported the change of the concept and consider the new market as a ground to implement the program to support local agricultural producers carried out under the slogan “Buy what is made in Nizhny Novgorod”. Keywords
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Торговое помещение,
Кузнецкий Мост
от 318 кв. м.
кв.м.
1700 USD кв.м/год
Другое,
Санкт-Петербург,
16-я линия
от 330 м2
кв.м.
7200 RUR кв.м/год
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