Overview
The Consultant of the project gave the professional view on possible construction of retail centre on two land plots which are a part of residential area under construction. According to the results of the analysis the construction of a district retail centre with a leasable area of about 18 000 sq. m. was recommended, besides recommendations on tenant list were given. Expert opinion of estimated cost of the project’s building-leasehold.
Technical data
Total area of land plots — 4,3 HA
Performed services
- Analysis of vehicle accessibility
- Analysis of existing and potential demand
- Recommendations on necessary volume of retail premises in the district
- Benchmark-analysis of retail parks (in Russian largest cities: Moscow, St. Petersburg, Krasnodar, Novosibirsk, Krasnoyarsk, Perm, etc.), which are similar in characteristics to the planned retail centre
- Tenants technical standards are given according to product category
- Identification of tax environment of the shopping centre.
- Items of expense (budget) analysis of the shopping centre. Consolidated budget of project’s construction.
- Analysis of revenue part of project’s budget, formed on the base of returns from sale/lease/maintenance of the premises.
- Valuation and generation of the project’s cash flow, cost-effectiveness analysis based on indicators of DCF model such as NPV, IRR and payback period.
- Investment potential analysis for a potential investor.
Project team
Customer —‘Glavstroi –Spb’, LLC
Consultant — GVA Sawyer