Russia's Eurasia Industrial and Investment Group has reached agreement to sell the Volna business centre in Moscow to local insurance group Sogaz. The transaction price amounts to around $140 mln (EUR 103 mln).

Russia's Eurasia Industrial and Investment Group has reached agreement to sell the Volna business centre in Moscow to local insurance group Sogaz. The transaction price amounts to around $140 mln (EUR 103 mln).

Designed by architects ABV group, Volna is a modern A-class office scheme offering around 20,000 m2 of space within Moscow's Garden Ring. Major tenants include lender Swedbank, which uses it as its main headquarters in the Russian capital.