Avantazh group booklet

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  • 1. GROUP OF COMPANIES
  • 2. ContentMessage from President 2About us 3Kharkiv 5History 11Strategy 16Project portfollio 17Capitalist 18Centrum 22Diamond City 27Parytet 32Senator 36Vizit 41Zhukovsky 44Contacts 48 1
  • 3. A Message from About Us Anatoliy Denysenko, President Avantazh Group started its business operations in 1998 and today is the leading real estate develop Since its establishment, the Group has developed extensive contacts among local and foreign develop ment company in Eastern Ukraine. The Group was one ers, contractors, architects and suppliers. Avantazh of the first to develop modern commercial established also excellent working relationships with and residential properties in Kharkiv, the second municipal officials in Kharkiv, which is partially largest city in Ukraine with the population around 1.5 attributable to its policy of compliance with applicable million people. Avantazh develops, constructs, owns, laws and regulations. Experience, market knowledge leases, manages and sells the vast majority of residen and network of contacts are particularly important tial real estate and commercial real estate in Kharkiv, as the process of developing property in Ukraine as well as develops projects in Yalta, Evpatoria, is complex and requires numerous approvals from Feodosia, cities in Crimea, on the north coast multiple administrative authorities. This strong name of the Black Sea. For the past ten years, Avantazh recognition and reputation enables the Group received notable recognition as a top real estate to attract major buyers to residential properties developer. The Group has extensive experience and tenants to its office and shopping centers. Dear Colleagues, Partners, and Friends, let me briefly Are we young? Well, compared to European in developing real estate properties having commis present in these welcoming remarks, The Group I have colleagues we probably are. However, we are one sioned and sold eleven residential complexes with total the honor to lead. of the most experienced companies among all gross area of 150,000 sq m, businesscenter Avantazh Group of Companies key business Ukrainian development. Our portfolio contains and three shopping centers in the central part is development and construction of residential a sufficient number of successfully completed projects, of Kharkiv City. and commercial properties. which can vindicate this statement. Avantazh Group was founded in Ukraine in 1998. In ten years, Avantazh has turned into a powerful The Group was instrumental in reviving the construction player on the real estate market. It is not only us who sector in Kharkiv, the second largest city of Ukraine. should be credited with this achievement, but also Following the breakup of the USSR, we were the first those companies with which we are jointly creating in Kharkiv to engage in commercial property develop a new image of the independent Ukraine. Cherishing ment. At the same time, Avantazh has come to lead these relations, we have always been and will be the highrise construction trend in the city and grateful to our partners. is preserving its leading positions in this field to this day. We will look forward to seeing you in that number.2 3
  • 4. Avantazh Group has organised its overall business into the following OUTSTANDING CITY two business segments: Residential Commercial properties properties This segment focuses on residential buildings and large This segment focuses on office buildings and shopping residential areas in Kharkiv. Most of the buildings are centers, all of which are located in Kharkiv. It is large highrise apartment complexes with a high intended that shopping centers will contain a variety number of residential units. Insignificant areas in the of clothing stores, food and specialty retailers and most of residential buildings are designed as adminis leisure facilities, such as cinemas, food courts, restau trative and/or commercial space. Typically, Avantazh rants while some of the shopping centers may also develops and constructs the buildings with a view to contain office units. Typically, the Group develops selling all of the residential units to private individuals, and constructs commercial properties with a view who will own and reside in such apartments. With to holding and managing them. However, Avantazh respect to common areas and administrative space, the consider the options of selling its shopping centers Group typically continues to hold and manage it both as entire business to institutional investors. for held and sold residential properties.4 5
  • 5. High concentration of scientific and educational institu History of Kharkiv is more than 350 years and it is full of traditions and unique history. tions in the city promotes the further spread of knowl The area of the city is 30 thousand hectare, edge and its use in various sphere of activity. Kharkiv the population  1.5 million people. Due to its conve nient geographical position the city was increasing scientific schools of fundamental research are leading its economic power and developing its transport in the fields of solidstate physics, cryobiology and cryo system during the centuries. Today there are 12 railway and bus stations, one international airport, medicine, manufacture of crystals, cryogenics, genetics and an advanced system of public transport in the city. and selection and are widely known all over the world Extension of roads in the city is 1.5 thousand km. Kharkiv underground system is the second largest in Ukraine. It consists of 26 stations; the total extension of lines is 33.04 km. Hightech industry enterprises: power machine building, electrotechnical industry, transport and agricultural mechanical engineering, instrument making industry, radio electronics, aerospace industry are the basis of industrial potential. Production of many Kharkiv enterprises, particularly such hightech industries as modern tanks and planes productions, is wellknown in the world market. Due to these and other factors Kharkiv is a center of business tourism. Businesstourists make a significant part of tourist flow in the city of Kharkiv. Considering constant increase of interest of business tourists to Kharkiv, new business and the congress centers, new hotels, which meet the world standards, are being built in the city and old hotels are being restored. Today the leaders of hotel business of Kharkiv are such hotels as «Aurora» (4*), «Cosmopolit» (4*), «Сhichikov» (4*) and «Kharkiv» (4*).6 7
  • 6. Kharkiv is the only city in Ukraine which was rewarded Among the monuments of monumental architec ture there are: one of the best in the world Monument Our city is open for friendship and cooperation; it establishes connections with cities from all over the with three main European awards by the Council to Taras Shevchenko and the monument to Vasyl world. Kharkiv successfully realizes joint international of Europe: the Flag of Honour, the European Diploma, Karazin and many other which draw attention. Technical thought monuments (the oldest observatory projects, in particular in the sphere of tourism develop ment. The city of Kharkiv actively develops the the Plaque of Honour for active promotion of the idea in Ukraine, etc.) are also of considerable interest. municipal partnership relations with 17 foreign of European unity Gardens (6) and parks (26) (among them there is the University Botanical Garden  the oldest in Ukraine, partnercities. Lesopark and Memorial Complex) are of a great historicalarchitectural value. Restaurant business of Kharkiv steadily becomes more versatile. The dishes of the Ukrainian cuisine enjoy the deserved popularity far outside the country. However, one should not forget that Kharkiv is traditionallyan international city and that is why dishes and drinks of different nationalities are combined in the menu of cafes and restaurants. Historical heritage of the city contains a big number of monuments of different centuries. Kharkiv has a plenty of architectural unique monuments of 19th 20th centuries, but also it has outstanding buildings of the earlier period (Pokrova Cathedral and Uspensky Cathedral, the old building of the University, etc.).8 9
  • 7. Kharkiv as one of the cities where the matches of the European Football Championship EURO 2012 is going to be carried out. The city will become a tourist centre not only for Slobozhanshchyna, but also Establishing the Development for whole Ukraine and Project Management Business 19982003. The Group started develop The year 2002 was notable ing the residential property market with building for a unique project for that time, namely, the develop residential properties in Kharkiv located at the Mosk ment of the first new commercial property in Kharkiv — ovsky Ave., Klochkivska St., Lebedynskoho St., the Prizma Shopping Center was launched close and Oleksiyivska St. Avantazh acted as a design client to a busy city thoroughfare. Since that time, commer here. It was at that time that the development business cial properties have become a fullyfledged and was launched. The Group ceased being a building rapidly growing business within the Avantazh Group contractor only, and turned into an entity indepen portfolio. Upon completion of the Prizma Shopping dently deciding on what properties and where Center in 2003, the Group contracted development it is going to develop. of the MegaPrizma Shopping Center. The scope of shopping center projects has increased substantially since that time and Avantazh set its sights on imple menting the first shopping mall project in Kharkiv in 2008.10 11
  • 8. 20032006. With the launch 20072008. The Avantazh Investment Consolidating a Group of Companies of the Olympus Residential Complex, the Corporation and Development Group started development of two has inaugurated an era of highrise construction in Kharkiv. The significance of the Olympus Residential business centers — the Capitalist and the Diamond City. These will be followed by a largescale develop At the same time Avantazh has succeeded in integrating Complex is that it was the first residential building, ment of a multipurpose complex. construction, production, and engineering enterprises into where cast concrete and frame structures were applied. This was followed by the Pioneer Residential The Group has significantly increased its share in the segment of economy class residential properties. a Group of Companies. Each company holds leading po Complex, a building at Lyapunova St., and a new In 2008, it commissioned three buildings of this class. sitions in its respective area. At the same time, all of them Avantazh Residential Complex, whose construction is still in progress. All the above buildings are premium Avantazh continued the development of commercial properties, with commissioning of the Vizit Shopping combined represent a transparent and clear entity attrac residential properties. Avantazh is still holding the top Center, and completion of construction of the Capitalist tive for investors. position in the segment of new elite properties. One Business Center. Avantazh has embarked on compre example is the Kharkivs first de luxe Favorit Residential hensive development of urban areas. This involves a Complex and a number of premium properties, which new residential block in one of citys residential areas, are still in the pipeline. whose preconstruction design has been approved by The years 2006  2007 In 20072008, Avantazh made Thanks to its Olympus, Pioneer, and Avantazh the Kharkiv Urban Development Board. were decisive in consolidating this Group, when efforts a significant focus on development of its investment residential projects, the Group has gained significant were launched and successfully completed to arrange business. Its financial arm AvantazhEstate was expertise in developing highrise buildings. for their most effective interaction. established in late 2007. This company manages This has contributed significantly to a growing interest construction financing funds and real estate transaction in Avantazh projects on the part of both Ukrainian funds. and foreign partners and investors. Avantazh Capital Management, an asset management company, was established in 2008. This new entity is intended for managing the assets of shared invest ment institutions.12 13
  • 9. COMPLETED LYAPUNOVA OBJECTS OLYMPUS PIONEER AVANTAZH PIONEER OLYMPUS14 LYAPUNOVA AVANTAZH PIONEER 15
  • 10. Mission Strategy Project portfolio Avantazh is successful and dynamic growth Group Avantazh Group’s midterm objective is to maintain of companies leading in the segment of residential and strengthen its position on the Kharkiv’s competitive With 21 properties at different stages of development Avantazh Group’s property portfolio includes proper and commercial real estate development and property real estate market. It intends to accomplish this and construction with total GBA over 1.1 mln sq m ties in operation, under construction, under develop management. objective by leveraging its experience and selective (over 12 mln sq ft), Avanatazh Group is the leading ment, and properties held for development. In particu We develop future because our projects form development of quality properties. The Group intends real estate development company in Kharkiv and one lar, the Group currently has fifteen properties a character of the city and become its architectural to continue adapting successful international concepts of the leading developers in Ukraine. in operation, six properties under construction, brand reflecting the highest construction technologies and practices to the Ukrainian real estate market. ten properties under development, and five properties and daring architectural concepts. With our stability, The longterm prospect of the Avantazh Group held for development. powerful productive capacity and professionalism is to commence development work in other major cities we create comfort, convenience and cosines of Ukraine beyond Kharkiv and ultimately to become of our citizens. the leading real estate developer in Ukraine. Real estate portfolio includes properties at various stages of development categorized into the following four groups: The main elements of the current Properties in operation Properties under project development strategy are the following: This group consists of the completed and commis This group includes properties at any stage after sioned properties operated and managed the architectural and planning assignment is issued TODAY • Focus on high growth real estate segments by Avantazh Group. and until the construction permit is issued by the local • Continue to build a diversified portfolio architectural control authorities. of investment properties Properties at construction stage WE DEVELOP • Expand to major cities in Ukraine Properties at any stage of construction fall under Properties held for development • Continue to build a pipeline of attractive this category. This category comprises pipeline deals, i.e., property properties for future development at any stage starting from the time when either FUTURE! • Manage its real estate portfolio ownership or land lease rights are secured • Selectively outsource portions for the tobedeveloped land plot and until the of the development process to leading architectural and planning assignment with respect business partners to the property is approved and issued by the local department for architecture and construction.16 17
  • 11. Capitalyst office center The Capitalist is 12storey building with the total area The development of The Capitalist takes place of 13.350 square metres with 7.400 square meters of in Kharkiv on Otakara Yarosha Alley. The property office space; 920 square meters of retail space, 240 Total Area, sqm is an office center with underground parking occupy square meters for food court, and 700 square meters Office 7.400 ing the land plot with the total area of 0.2 hectares. of the underground parking for 20 parking lots. The Retail 920 The site benefits from the convenient public transporta following table shows the planned allocated usage of Parking/places 20 tion network, including «Botanichniy Sad» under space at Capitalist: ground station, and is only 2.3 kilometres away from the city centre with easy access by car. Capitalist is designed to include retail premises and office space. The complex features B+ premises equipped with modern engineering and technical systems. Construc tion began in February 2007 and was completed in December 2008. The location area of the multifunctional complex is highly supplied with various means of public transportation. Numerous route taxis, bus and trolley bus routes are concentrated within a walking distance on Lenina Avenue. Botanic Garden metro station situated in close proximity (18 meters) is the additional convenience. The owners of private vehicles can easily reach the subject property from any part of Kharkiv OFFICE CENTER due to the satisfactory condition of the city roads.18 19
  • 12. Accessibility Location Analysis The convenience of The Capitalist accessibility is The district where the office center is situated is in close The microregion of the property location is bounded assured by a cityforming Lenina Avenue located in the proximity to the historical center of Kharkiv and by Lenina Avenue, Otakara Yarosha Street, Otakara close proximity (50 meters) to the complex. The belongs to the city central business district. The Yarosha Alley and Klochkivska Street. The neighbour Avenue provides a connection of the city center with surrounding area is considered prestigious with highly ing residential stock is represented predominately two densely populated districts of Kharkiv. developed level of infrastructure and hence the high by residential buildings hardly ever exceeding demand for both commercial and residential real the 10storey level. The area also features retail The location area of the residential complex is highly estate. and office real estate. supplied by various means of public transportation. Numerous route taxis, bus and trolleybus routes are concentrated here. Botanic Garden metro station situated in close proximity (40 meters) is the additional The subject land plot is 2.2 kilometres distant from convenience. The owners of private vehicles can easily the city center, 5.5 from the South railway station, reach the subject property from any part of Kharkiv due to the satisfactory condition of the city roads. 6 kilometres from the municipal bus terminal, 12 from the Kharkiv airport The Capitalist has all necessary infrastructure available within a walking distance from the subject land plot. Retail and sport/entertainment complexes are the main attractors of pedestrian and transport flows. Numerous restaurants, shopping center, Misto entertainment center and several sport clubs are located nearby. Project type: For sale Project advancement: Finalised The offer: Acquisition of completed object20 21
  • 13. Centrum MixedUse The Centrum mixeduse complex is to be located on a The development of the project is to be implemented in 2.3 hectare land plot in a densely populated area of two stages. The first stage provides for construction of Kharkiv micropolis. The site benefits from good public an 18storey businessclass residential building with a transport links, including «Botanichniy Sad» under threelevel underground (805 parking places) and ground station, and is only 2.1 kilometres away from ground parking (226 parking places) and builtin retail the city centre with convenient access by car. Centrum premises. The second stage is a 22storey Aclass is designed to include 130.600 square meters space. shopping and office complex. The property is designed to include 61.300 square metres of leasable space, 7.340 square metres of apartments and 32.000 square metres of underground parking Total Area, sqm Office 25.100 Retail 36.200 Public Catering 7.340 Parking/places 805 MIXEDUSE22 23
  • 14. Location Analysis The subject land plot is situated in the northern part of Kharkiv on the terrain of Sarzhyn Yar. The microre Administrative district where the mixeduse property gion of the property location is bounded by Lenina is situated is in close proximity to the historical center Avenue, Minska Street, Minskyy Lane, Otakara of Kharkiv and belongs to the city central business Yarosha and Sarzhynska Streets. Being situated along district. The surrounding area is considered prestigious Lenina Avenue the projected complex has great with highly developed level of infrastructure and hence visibility from the sixlane highway, entry of the Botanic the high demand for both residential and commercial Garden metro station and Otakara Yarosha Lane. real estate. The Centrum has all necessary infrastructure available within a walking distance from the subject land plot. Shopping and sport/entertainment complexes are the main generators of pedestrian and transport flows in the area. The majority of largescale retail schemes are concentrated along Lenina Avenue in the northern and southern parts of the district. Numerous restau The territory of The Centrum features free of develop rants, Misto entertainment complex and specialty ment area with trees and shrubby greenery, territory supermarkets, administrative institutions and educa without power lines and site with a footpath tional establishments are located nearby. The area to the Sarzhyn Yar spring. The adjacent surroundings also features office complexes operating in the are: land plot under development of Diamond City buildings of former scientific research institutes office center, south entry of the Botanic Garden metro and newbuilt business centers. station, area of the spring and a pavement along Lenina Avenue. The neighbouring residential stock is represented predominately by highrise residential buildings up to 24storey level and 712storey administrative buildings typical for the XXth century. There is also a private housing sector and Myr hotel in close proximity to the subject property.24 25
  • 15. Accessibility The convenience of the subject property accessibility is The location area of the multifunctional complex is assured by a cityforming Lenina Avenue located in the highly supplied with various means of public transpor close proximity (18 meters) to the complex. The tation. Numerous route taxis, bus and trolleybus routes Avenue provides a connection of the city center with are concentrated within a walking distance on Lenina two densely populated districts of Kharkiv. Moreover Avenue. Botanic Garden metro station situated in close developed transportation junction assures access to all proximity (18 meters) is the additional convenience. parts of the city and objects of city importance. The owners of private vehicles can easily reach the subject property from any part of Kharkiv due to the satisfactory condition of the city roads. The subject land plot is 2.2 kilometres distant from the city center, 5.5 from the South railway station, 6 kilometres from the municipal bus terminal, 12 from the Kharkiv airport OFFICE CENTRE Project type: Creation Project advancement: Under development26 The offer: Participation in JV 27
  • 16. The property is designed to have one 12storey Diamond City building with the total area of 19.100 square metres and 10.500 square metres of office useable space. The complex is also expected to include 490 square Location Analysis The Diamond City is expected to be class «A» office metres of retail space, 990 square meters for food The administrative district where the property is situated centre located on a 0.5 hectare site in the densely court, and 2.360 square meters of the underground is in close proximity to the historical center of Kharkiv populated district of Kharkiv. The site benefits from parking for 56 parking lots as well as the open air and belongs to the city central business district. The the convenient public transportation network, including guest parking for 22 cars. surrounding area is considered prestigious with highly «Botanichniy Sad» subway station, and is only 2.2 developed level of infrastructure and hence the high kilometres away from the city centre with easy access demand for both commercial and residential real by car. estate. Total Area, sqm Office 10.500 Retail 490 Public Catering 990 Parking/places 56 As of March 2009 45% of construction works is completed and expected to be commission in Q3 2009.28 29
  • 17. The Diamond City has all necessary infrastructure Accessibility available within a walking distance from the subject land plot. Retail and sport/entertainment complexes are the main attractors of pedestrian and transport flows. Numerous restaurants, shopping center, Misto entertainment center and several sport clubs are The convenience of the subject property accessibility located nearby. The Mir Hotel is also in close proximity is assured by a cityforming Lenina Avenue located to the subject property. in the close proximity (20 meters) to the complex. The Avenue provides a connection of the city center with two densely populated districts of Kharkiv. The location area of the residential complex is highly supplied with various means of public transportation. Numerous route taxis, bus and trolleybus routes are concentrated here. Botanic Garden metro station being 10 meters distant from the land plot is the additional convenience. The owners of private vehicles can easily reach the subject property from any part of Kharkiv The microregion of the property location is bounded due to the satisfactory condition of the city roads. by Lenina Avenue and Otakara Yarosha Street. The neighbouring residential stock is represented predominately by highrise residential buildings (up to 16 storeys). The adjacent stock includes both aged buildings and new construction with commission ing pipelined for 20082014. The area also features retail and office real estate. The transport thruways provide convenient access Project type: Creation/For sale to all Kharkiv administrative districts and establishments Project advancement: Under construction of city importance. The subject land plot is 2.2 The offer: Participation in JV/ Forward contract kilometres distant from the city center, 5.5 from for unfinished object the South railway station, 6 kilometres from the municipal bus terminal, 12 from the Kharkiv airport.30 31
  • 18. Accessibility The convenience of the subject property accessibility There are three metro stations (Naukova, University is assured by cityforming Lenina Avenue and Sumska and Gosprom) situated within a walking distance from Street located in the close proximity to the complex. the subject property. Moreover the owners of private The location area of the land plot is highly supplied vehicles can easily reach the subject property from by various means of public transportation. any part of Kharkiv due to the satisfactory condition of the city roads. MIXEDUSE The subject land plot is 3,150 meters distant from the railway station, 3,400 meters from the bus station The project is a residential and shopping complex and 10,250 meters from the Kharkiv airport occupying the land plot with the total area of 0.42 hectares located in the center of Kharkiv at the intersection of Trynklera Street and Danylevskogo Street. The Parytet multifunctional scheme with the gross area of 33,440 sqm is a complex of residential premises and areas provided for shopping, sport and recreation purposes and underground parking. The property boasts a modern architectural design and will be built using the latest available technology. It will have a modular system of office premises, a multilevel underground parking, and all necessary engineering infrastructure as well as developed adjacent area. Project type: Creation Project advancement: Development concept The offer: Participation in JV32 33
  • 19. The Parytet has all necessary infrastructure Location Analysis available within a walking distance from the subject land plot: Administrative district where the property is situated shopping centers and specialty stores, cafes, restau is in close proximity to the historical center of Kharkiv rants, bank branches, educational establishments and belongs to the city central business district. and entertainment institutions, swimming pool and The surrounding area is considered prestigious with sport complexes. The additional advantages of the highly developed level of infrastructure and hence property location are parks named after Gorkyy and the high demand for both residential and commercial Shevchenko and Independence square located real estate. nearby. The subject property is bounded by Trynklera Street from the southwest and Danylevskogo Street from the southeast. The neighbouring residential housing is represented by aged 5storey buildings, administra tive buildings of standard design typical for the middle of XXth century and new highrise stock up to 25storey level. Total Area, sqm Retail 7.500 Residental 21.780 Fitness Centre 2.700 Parking/places 25534 35
  • 20. Senator mixeduse The Senator mixeduse complex with underground Currently the land plot for the Senator development parking occupying the land plot with the total area of has buildings which are scheduled for demolition 0.28 hectares located in the center of Kharkiv at 29, occupying about 70% of the area. The subject area Pushkinska Street. The gross area of Senator multifunc and adjacent buildings are in need of landscaping and tional scheme equals to 15,350 sqm. The complex is reconstruction. Aclass of upper price segment. Total Area, sqm Office 4.780 Retail 3.550 Parking/places 94 MIXEDUSE36 37
  • 21. The Senator has all necessary infrastructure available within a walking distance from the subject land plot: Location Analysis shopping centers, cafes, prestigious restaurants, several bank branches, boutiques, educational establishments and entertainment institution. The office Administrative district where the property is situated and retail premises including both shopping centers is in the historical center of Kharkiv and belongs and specialty stores are concentrated mainly in the to the city central business district. The surrounding eastern part of the microdistrict. The majority of area is considered prestigious with highly developed infrastructure objects are located on the first floors of level of infrastructure and hence the high demand residential buildings forming retail streets. for both commercial and residential real estate. The microregion of the property location is bounded by Chernyshevskogo Street, Skrypnyka and Pushkin ska Streets. The neighboring stock is represented by residential, office and retail buildings. The height of residential development hardly ever exceeds the 5storey level and includes both aged and new buildings. Puskinska Street is characterized Accessibility by considerable vehicle and pedestrian flows being The convenience of the subject property accessibility is one of the main Kharkiv transport arteries. This factor assured by a cityforming Pushkinska Street and close is extremely important due to facade location proximity of Sumska Street (500 meters), Poltavskyy of the subject property. Shlyakh (1,200 meters) and Gagarina Avenue (2,500 meters) providing connection between the center and other city districts. Besides the mixeduse complex Avantazh considers the possibility of the hotel property development (3*** or 4**** category). In the aspect of European football championship «Euro2012» the development of hotel property is relevant because in segments of these cat egories deficit number of rooms and a high midannual indicator of occupation level will remain38 39
  • 22. Vizit shopping centre is located on 2 land plots – one for the shopping centre itself with the total area of 0.62 Moreover the public transportation is also represented hectare and the other – for the open air parking with by tram routes. The owners of private vehicles can the total area of 0.38 hectare. Vizit is located in the easily reach the subject property from any part of densely populated district of Kharkiv. The site benefits Kharkiv due to the satisfactory condition of the city from the convenient public transportation network and roads. The subject land plot is 2,900 meters distant is only 2.45 kilometres away from the city centre with from the railway station, and 9,000 meters from the SHOPPING CENTRE easy access by car. Vizit shopping centre, which was Kharkiv airport. developed by the Group and commissioned in July 2008, is one of the first modern retail centres in Kharkiv. The property has one 2story building, with the total area of 7.400 square metres with 5.750 square meters of usable space for retail, and additional 300 square meters for food court. The complex is also includes open air parking for 70 parking lots. The location area of the residential complex is highly supplied with means of public transpor tation. Several metro stations are concentrated here: • Architect Beketov located a distance of 250 meters; • Historical Museum – 650 meters; • Radyanska – 700 meters; • University – 1,135 meters distant from the subject property. Project type: Creation Project advancement: Development concept The offer: Participation in JV40 41
  • 23. Accessibility The subject land plot is 2,500 meters distant from The convenience of the subject property accessibility is assured by facade location on a cityforming the railway station, 3,800 meters from the bus Klochkivska Street. The Street provides a connection station and 10,600 meters from the Kharkiv of the city center with Pavlove Pole and Oleksiyivka districts of Kharkiv. Moreover the close proximity airport of Romena Rollana Street affords a junction between the Klochkivska Street and Svobody Square – a central square of Kharkiv. Location Analysis Administrative district where the property is situated The location area of the shopping complex is highly is in close proximity to the historical center of Kharkiv supplied by various means of public transportation. and belongs to the city central business district. Numerous route taxis, bus and tram routes are The surrounding area is considered prestigious with concentrated along Klochkivska Street at a 50 meters highly developed level of infrastructure and hence distance from the subject land plot. Naukova and the high demand for both commercial and residential University metro stations situated nearby (at a distance real estate. of 600 meters and 900 meters correspondingly) are the additional convenience. The owners of private vehicles can easily reach the subject property from any part of Kharkiv due to the satisfactory condition of the city roads. The property has all necessary infrastructure available The microregion of the property location is bounded within a walking distance from the subject land plot: by Klochkivska Street, Romena Rollana and Passion shopping centers and specialty stores, fastfood, cafes, ariyi Streets. The neighbouring residential housing restaurants, drugstore, educational establishments and is represented by both aged stock of standard design entertainment institutions. The retail premises are typical for the middle of XXth century and new concentrated mainly in the eastern and southeastern highrise buildings up to 16storey level. parts of the microdistrict along Svobody Square and Project type: For sale Lenina Avenue. Project advancement: Finalised42 The offer: Acquisition of completed object 43
  • 24. Zhukovskyy Shopping Mall It is planned to construct a shopping and entertainment The Zhukovskyy is a multifunctional complex occupy mixed use complex including a supermarket, cinema ing the land plot with the total area of 2.85 hectares theatres, restaurantclub, boutique area and a sport located in the park area of Kharkiv on Belgorodske club, bowling, office rooms as well as a multilevel Highway. The multifunctional scheme with the gross parking and overground car parking. An interesting area of 84.000 sqm is a modern highquality building solution in the master layout scheme is that the mixed with underground and ground parking, builtin retail use complex faces one of the central streets of the city SHOPPING MALL and office premises and entertainment component. allowing to change zoning direction, to arrange an open car parking in this area, to provide an alternative architectural design for the public park area.44 45
  • 25. Accessibility The convenience of the subject property accessibility is assured by developed net of public transportation. The area is supplied by numerous route taxis, tram and trolleybus routes passing by Belgorodske Highway. There is no metro station within a walking Location Analysis distance from the land plot, however University metro station is easily reached in 1015 minutes by proxi Project type: Creation Project advancement: Under development mate means of public transportation. The owners of The offer: Participation in JV The administrative district where the property is situated private vehicles can get to the subject property from is in relative proximity to the historical center of The subject land plot is bounded by Academician any part of Kharkiv with no difficulties due to the Kharkiv. The surrounding area is determined by Proskura Street, Chkalova Street, Belgorodske satisfactory condition of the city roads. Moreover the exceptional ecological conditions. Being located at the Highway and forest park area. The adjacent residen intersection of Belgorodske Highway and Chkalova tial stock is represented by 5storey buildings of land plot is located comparatively close to the Kharkiv Street the subject property is in close proximity to the standard design typical for the middle of XXth. The circle road. forest park which is the biggest recreational zone in real estate of the neighbouring area includes residen Kharkiv. Moreover it is a large leisure area in the tial buildings, smallscale retail schemes and buildings The subject land plot is 7,800 meters distant northern part of Kharkiv. It makes this part of Kyivskyy district one of the most ecologically safe regions of the provided for social purposes. The infrastructure of the district is represented mainly by educational establish from the railway station, 7,400 meters from the city and consequently prestigious with high demand for ments, social and medical institutions and sport bus station and 13,600 meters from the Kharkiv residential real estate. complexes located within a walking distance from the subject property. airport46 47
  • 26. Avantazh Group +38 (0) 57 700 44 10 +38 (0) 57 700 44 12 Fax 20 C Kultury Street 61058 Kharkiv, Ukraine www.avantazh.eu www.avantazh.ua Contact Persons: Business development opportunities: Oleksii KORNILOV, oleksii.kornilov@avantazh.ua Project management: Oleksandr BIELIKOV, belikov@avantazh.ua Architecture and design: Sergii BUSHMANOV, bush@avantazh.ua48