Alexey Tulupov’s Rossium and Sminex have agreed to sell 99% of the shares of developer Ingrad. Vedomosti reports on the details, citing sources close to the three companies.
Author:
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It should be noted that the Federal Antimonopoly Service (FAS) has not yet approved this deal. Most likely, it will be closed in the fall of 2024. Ingrad and Sminex have not yet commented on what is happening.
The publication notes that Ingrad was founded in 2012 and the company ranks 20th on the list of the largest developers in the country. Currently, 712,000 sq. m of real estate is under active construction. The company’s total portfolio is 3.7 million sq. m.
Industry experts say that the purchase of Ingrad will allow Sminex to replenish its portfolio with several large enterprise-class projects at once. Stanislav Bibik, a partner at NF Group, believes that the company’s move is quite logical in the current market situation, because in conditions of high bank rates, developers need to pay special attention to business efficiency. Ingrad, as experts note, will probably undergo some “transformations” both in terms of management and brand, which may cease to exist.
Earlier, RB.RU wrote that Sberbank and its partners decided to buy the Ingrad developer for 50 billion rubles.
Author:
Nikolai Tikhonov
Source: RB
I am a professional journalist and content creator with extensive experience writing for news websites. I currently work as an author at Gadget Onus, where I specialize in covering hot news topics. My written pieces have been published on some of the biggest media outlets around the world, including The Guardian and BBC News.
