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KEY, 16 Repishcheva street: best use analysis and most effective option concept development

How we work

Experts of IPG.Estate Research and Consulting Department have analyzed the commercial real estate market of St. Petersburg in general (and of Primorsky district in particular), and have proposed the concept of the most effective use of the building of an area of 4,500 sq. m at 16 Repishcheva Street.

Tasks

  • Analysis of warehouse, retail, and office real estate segments of St. Petersburg in general (and of Petrogradsky district in particular);
  • Analysis of the local competition level;
  • Creation of a financial model of possible cash flows for the selected concept.

Decision

The team of IPG.Estate has analysed economic benefits of a shopping centre, an office centre and a warehouse complex projects implementation within the framework of the facility. Experts of IPG.Estate has proposed creation of a logistics center and implementation of 3PL operator and fulfilment concept as the most effective option of the facility use.

Result

KEY is working on the logistics centre designing.

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