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RGI Properties
Butikovsky
Prime Office Property
The Butikovsky Development is an office building located in close proximity to Prechistenskaya Embankment in Ostozhenka, part of Moscow’s so-called “Golden Mile”, where property values have risen considerably in recent years due to renewal of the urban environment.
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The Butikovsky Development comprises eight levels, including two underground levels used for parking purposes.
The gross internal area of the building is approximately 8,929 square metres, including six floors of office space of approximately
4,200 square metres.
The office building has a reinforced concrete frame, and a monolith-reinforced concrete platform foundation.
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The exterior walls consist of brick, insulated with Rockwool, and have an exterior finish of stone and leaded aluminium structures. The floor of the ground floor interior lobby consists of natural stone, granite and marble, and the interior walls consist of natural stone and glass.
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Type
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Office, high-end
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Gross Internal Area (sq.m)
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8,929
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Rentable Area Above Ground
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4,200 sq.m
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# parking Places
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100
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Status
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Sold
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• Valued by DTZ at $58.8 million as of 30 June 07
• Sold for $97.2 million on December 07
• Total cost $30.2 million
• Gross margin of 69%
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