PropertyEU

Sistema-Hals raises EUR 311 mln in IPO

By A staff reporter 2006-11-03T00:00:00

Moscow-based Sistema-Hals has announced it raised EUR 311 mln in its initial public offering by selling 1.85 mln shares at EUR 168 ($214) each. Sistema-Hals is a real estate owner, developer and manager that focuses on class A and B offices, high-end housing, cottages and land development in the Moscow ...

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