Jensen Group

Jensen Group investment company of the Russian real estate market. All of the company's efforts are focused on investments in St. Petersburg and the Leningrad region. Currently available Jensen Group assets worth more than $ 500 million. The company's headquarters is located in the center of St. Petersburg - Nevsky Prospekt 32 .

Jensen Group
TypePrivate
IndustryFinancial Services
Founded1991 (1991)
Headquarters32 Nevsky Prospect
Saint Petersburg, Russia
Key people
Steven Wayne (President)
Number of employees
>100
Websitewww.jensen.ru


Activity

Jensen Group activity is concentrated on three areas:

  • Acquisition and development of land and real estate construction in these areas.
  • 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
Historic department store "Passage" - the Nevsky Prospect, 48

Jensen Group manages and invests in objects of retail, office, industrial, warehouse and suburban real estate in St. Petersburg.

In 2012, the investment fund of Jensen Group bought the building of shopping center "Super siva" - st. Savushkina, 119.

In September 2011, the VTB Group sold to Jensen Group the historic department store "The Passage" by Nevsky Prospect, 48.[1]

In January 2011, acquired the office building at Admiral Makarov Embankment, 32.

In 2008, the obtaining of Jensen Group featured store "Jubilee" in Sverdlovskaya embankment., 60, and premises at Malaya Sadovaya street, 3/54, Bolshoy Avenue, PS 51/9; Finlyandskiy street 1.

In 2003, the Jensen Group has acquired 92% stake of Sestroretsk tools factory - Sestroretsk St. Voskova 3. Among other assets are allocated land areas in the Sosnovo village and Kobralovo, retail space on Nevsky 32 Nevsky 111 and Griboyedov Canal 10.

Funds

Now Jensen Group has 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".[2]

References
  1. http://www.chadbourne.com/Chadbournes-London-Office-Represented-Jensen-Group-in-Acquisition-of-Prestigious-Russian-Shopping-Center-in-St-Petersburg-08-09-2010/
  2. http://www.pie-mag.com/articles/1957/russian-jensen-fund-generates-euro-112m-on-final-close/
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