What Do Banks Choose?

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Office property manager Alexander Ustinov of RD Management spoke to the magazine Nedvizhinost i tseny about changes in the preferences of banks with regard to the premises they lease.

Financial institutions are among the most reputable and reliable tenants which occupy the top locations on Moscow’s streets. However, recent times the banking segment has seen a trend toward decentralization directly related to the development of office infrastructure on the periphery of the capital.

“Banks are opening more branches outside the Garden Ring, Third Transport Ring and even in business parks near the MKAD,” notes Alexander Ustinov. “The magnets for them remain business districts where office workers from the nearby business centers can take care of their banking needs throughout the course of the day.”

Such preferred conditions as good visibility and security remain unchanged. In most cases, a mandatory condition in choosing a premise for a bank is the existence of large showcase windows. Substantial attention is also paid to presence of sufficient parking. VIP clients should have the opportunity to park their cars next to the branch.

ROMANOV DVOR

Romanov Dvor is a prestigious premium-class business center in Moscow situated in close proximity to Kremlin on Romanov Pereulok. The property has been included in the Forbes list of the most expensive commercial properties near the Kremlin.

The tenants of Romanov Dvor include leading international companies, world leaders in consulting, banking, financial and legal services: The Bank of Tokyo-Mitsubishi, Boeing, Credit Suisse, Monte dei Paschi di Siena, Raiffeisenbank, Sotheby’s and Sberbank CIB.