Enterprise Europe Network

Doing business in St. Petersburg

Portal by Enterprise Europe Network - St. Petersburg branch

Wednesday, Sep 08th

Last update:09:04:05 AM GMT

Office facilities in St. Petersburg

E-mail Print PDF

Available office facilities (2009)

Class A*:    434 400 sq.m. 18.6 %
Class B*: 1 290 924 sq.m. 54.8 %
Class C*:    626 616 sq.m. 26.6 %
Total: 2 335 700 sq.m. 100 %

Source: Becar

Lease rates (2009)

Class A*: 900 - 2 000  RUB/sq.m./month (including operating expenses)
Class B*: 550 -1 500  RUB/sq.m./month (including operating expenses)
Class C*: 400 - 1 000 RUB/sq.m./month (including operating expenses)

Source: Colliers International

Lease practice

Length: Class A* - 3-5 years
Class B* - 11 months – 5 years
Class C* – from 3-6 months
Terms of payment: Depending on the landlord: monthly or quarterly. The lease rate is nominated in USD, EUR, USD|EUR or RUB.
Deposit: Class A* - 3 months
Class B* - 0-3 months
Class C* - 0-1 month
Lease rate review: Annually or according to the contract

*Note:

Owen Kemp - managing director of HP in Russia
Alexander Belenky - The St. Petersburg Times
 

Interview with Owen Kemp - managing director of HP in Russia

The governor of St. Petersburg is a fantastic ambassador for investment in Russia. A few years ago Madame Matviyenko visited my boss, Mark Hurd — the Chairman of the Board, CEO and President of HP — in California and their meeting was very successful. With her help we did a good job in helping HP to make up its mind to invest in Russia. We competed for the investment in Russia, otherwise it could have gone to India, China or other places.

Read more... Link  

Questions? Need advice?

Contact the SME support hotline (In Russian language)

+7 (812) 740 59 00