January 19, 2012 (kanoner)
The reconstruction project of the Shagin House at 145b on the Fontanka River Embankment may be backed by the IFG Basis fund. In 2009, the then-Governor Valentina Matvienko promised her support for the project.
The Cyprus-based IFG Basis fund was established to invest in commercial and residential real estate in Eastern Europe, Russia, China, and the Persian Gulf countries. It maintained long-standing relationships with global hotel operators, including Hilton, Marriott, Ritz, Four Seasons, and Peninsula.
In 2009, Valentina Matvienko and Roland Burger, Vice President of IFG Basis, signed a memorandum of understanding. Plans were made to develop several five-star hotels in St. Petersburg, encompassing both the acquisition of existing projects and new construction. One of the nearly completed projects is a hotel in the “House with Lions,” which is scheduled to open this spring.
The investor for the Shagin House reconstruction project at 145b Fontanka is JSC “Nezhiloy Fond Consult.” Market participants believed the Molchanov family to be behind this company. However, sources from “Karpovka” suggest that IFG Basis may also be involved in the project.
Irina Vasenko, General Director of “Nezhiloy Fond Consult,” stated today to a “Karpovka” correspondent: “All questions regarding the company’s founders are confidential.” Ms. Vasenko added, “Answers to questions related to the technical aspects of the project (plans, timelines, documentation) will be published tomorrow on our official website — fontanka145.spb.ru.”
