Jensen Group is an investment company of the Russian real estate market. All of the company's efforts are focused on investments in
St. Petersburg
Saint Petersburg ( rus, links=no, Санкт-Петербург, a=Ru-Sankt Peterburg Leningrad Petrograd Piter.ogg, r=Sankt-Peterburg, p=ˈsankt pʲɪtʲɪrˈburk), formerly known as Petrograd (1914–1924) and later Leningrad (1924–1991), i ...
and the Leningrad region.
Activity
Jensen Group activity is concentrated on:
*Acquisition and development of land and real estate construction.
*Realignment and reconstruction of obsolete industrial objects for their redevelopment and best use.
*Investing in inefficiently used or undervalued assets with good growth potential.
Assets
Jensen Group manages and invests in objects of retail, office, industrial, warehouse and suburban real estate in St. Petersburg.
In September 2011, the
VTB Group
VTB Bank (; formerly known as ''Vneshtorgbank'', , lit. 'International Trade Bank') is a Russian majority state-owned bank headquartered in various federal districts of Russia; its legal address is registered in St. Petersburg; as of 2022 ...
sold to Jensen Group the historic department store "
The Passage
Passage, The Passage or Le Passage may refer to:
Arts and entertainment Films
* ''Passage'' (2008 film), a documentary about Arctic explorers
* ''Passage'' (2009 film), a short movie about three sisters
* ''The Passage'' (1979 film), starring ...
" by
Nevsky Prospect
Nevsky Prospect ( rus, Не́вский проспе́кт, r=Nevsky Prospekt, p=ˈnʲɛfskʲɪj prɐˈspʲɛkt) is the main street (high street) in the federal city of St. Petersburg in Russia. It takes its name from the Alexander Nevsky La ...
, 48.
Funds
Jensen Group has had two institutional fund in St. Petersburg.
The first (Jensen Russian Real Estate Fund I), with a budget of 100 million USD, was established in 2006 and now is closed. Its funds were purchased part of Sestroretsk tools factory, land in Sosnovo and portfolio of trading objects on Nevsky Prospekt, Petrograd side and Sverdlovsaya embankment .
Second Foundation (Jensen Russian Real Estate Fund II) was formed in 2008. In January 2011, acquired the business center on the emb. Admiral Makarov, 32, a building of shopping center "Super siva", and in September bought a department store "Passage".
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References
{{Reflist
External links
www.jensen.ru(company website)
Financial services companies of Russia
Financial services companies established in 1991
Companies based in Saint Petersburg
1991 establishments in Russia