PropertyEU

Pik regains portions of scrapped $1 bn Moscow tender

By A staff reporter 2008-12-24T00:00:00

Pik, the London-listed developer of residential property in Russia, said it has won several tenders from the City of Moscow to complete 85,000 m[sup]2[/sup] of housing in several districts of the Russian capital. The contracts involve RUB 4.5 bn (about EUR 113 mln) of municipal funds.

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