Sponda acquires 20 hectares in Moscow

Finnish real estate investment company Sponda has purchased a 20-hectare land site in the Moscow region from Llc Bamo-Land for roughly EUR 6 mln. Sponda is planning to develop a 75,000 m[sup]2[/sup] A-class logistics facility on the site, which has already been granted planning permission. Construction is set to start ...

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