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. Last Updated: 07/27/2016

Chemezov Seeking Real Estate

Russian Technologies may be seeking control of state properties in Moscow worth more than $150 million, including a villa opposite the Kremlin on the Moscow River, an elite dacha complex and buildings on Pushkin Square.

The state-owned industrial group, headed by Sergei Chemezov, a close friend of outgoing President Vladimir Putin's, requested the real estate in a proposal submitted to the government, Kommersant reported Monday, citing a copy of the document.

The two-story villa on Sofiiskaya Naberezhnaya, built in 1917, currently houses the offices of Russkaya Investitsionnaya Kompania, which has a 49-year lease on the property, a spokesperson told Kommersant, adding that he had heard nothing of Russian Technologies' plans. Chemezov is also seeking control of the Sosnovka-5 dacha complex, which is currently owned by the Federal Guard Service, the newspaper said.

The Sosnovka dachas gained notoriety in 2005 after a scandal broke over the privatization of Sosnovka-1 by former Prime Minister Mikhail Kasyanov and Sosnovka-3 by billionaire Mikhail Fridman. Courts later invalidated Fridman's purchase and ordered Kasyanov to return his dacha to the state.

A source in the Federal Guard Service told Kommersant that the dacha borders Sosnovka-4, the official residence of Prime Minister Viktor Zubkov.

Buildings on Pushkin Square owned by Rosoboronexport would also go to the state corporation, the report said.