PropertyEU

PIK Group mulls IPO in London

By A staff reporter 2007-05-08T00:00:00

PIK Group, a Russian property company focused on residential construction in central Moscow, is planning to sell shares in what may become the largest ever Initial Public Offering by a developer in Europe. PIK, whose portfolio was valued by CB Richard Ellis at some $8.8 bn (EUR 6.4 bn) at ...

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