PropertyEU

RGI to develop 1.7 million m[sup]2[/sup] of real estate in Moscow

By A staff reporter 2007-07-03T00:00:00

RGI, the AIM-listed developer of luxury real estate in Moscow, said on Monday it is investing some $190 mln to acquire a controlling stake in four new development projects in Moscow. The investment is being made through the purchase of a 73% stake in the privately-owned Cypriot holding company Sucreti, ...

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