Raven Russia sells warehouse unit for EUR 32m

By A staff reporter 2010-08-11T00:00:00

Warehouse specialist Raven Russia has signed contracts to sell its subsidiary, RR Baltiam, to Cypriot-registered company Casebre Holdings for $42 mln (EUR 32 mln). RR Baltia is the owner of a 28,000 m[sup]2[/sup] warehouse property at Baltia, Moscow. Raven Russia said that the purchase price represents a 48% premium to ...

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