Russian developer PIK Group said on Wednesday it has acquired a 61-hectare plot of land in the Rostov region which it intends to develop for residential and commercial purposes. The company expects to invest around $650mln (EUR 412mln) in the project, which will be completed by 2018.
Already have an IPE Real Assets account? Sign in
If you had a PropertyEU account, simply reset your password to get access to IPE Real Assets.
New users can Register for free today for access to the PropertyEU Archive and IPE Real Assets.
Registration also includes access to IPE