Gazpromstroi, a 100% subsidiary of Gazprom group, has agreed to buy Mirax Plaza in Moscow for $650 mln (EUR 487 mln), newspaper Daily Kommersant reported. In the biggest-ever acquisition of an office building in Russia, Gazpromstroi is acquiring the 102,000 m[sup]2[/sup] site from developer Mirax Group.
Gazpromstroi, a 100% subsidiary of Gazprom group, has agreed to buy Mirax Plaza in Moscow for $650 mln (EUR 487 mln), newspaper Daily Kommersant reported. In the biggest-ever acquisition of an office building in Russia, Gazpromstroi is acquiring the 102,000 m2 site from developer Mirax Group.
Mirax previously built the highest tower in Europe, the Federation Tower, that will be inaugurated in 2008. The skyscraper has already been sold at a record price of $4,000 per m2 to the VTB group. Gazpromstroi will beat this record paying from $6,500 to $7,000 a m2. Mirax is a property developer and manager that was founded in 1994 by Sergei Polonsky and Artur Kirilenko.