PropertyEU

PIK acquires major development site in Moscow

By A staff reporter 2008-04-22T00:00:00

Russian residential developer PIK Group announced that the purchase of 11.35 hectares in Chertanovo, in the south of Moscow. The London-listed company said it plans to develop over 75,000 m[sup]2[/sup] of residential housing, the remainder to be assigned for the underlying infrastructure, including schools and a kindergarten. The location has ...

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