PropertyEU

Sibir snaps up Moscow assets for EUR 89m

By A staff reporter 2008-10-23T00:00:00

Russian energy company Sibir has acquired two properties in Moscow for a total of $115.4 mln (EUR 89.2 mln) from companies connected to Chalva Tchigirinski, the group's largest shareholder. The company has agreed to acquire the Sovetskaya Hotel in Moscow for $81.7 mln, of which $57.7 mln has already been ...

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