Sponda acquires two shopping centres in Moscow

By A staff reporter 2008-03-05T00:00:00

Finnish real estate company Sponda has purchased two shopping centres in Moscow for a total of $109 mln (EUR 71.5 mln) from LR Russia. Built in 2004, the 9,000 m[sup]2[/sup] Sun Paradise I was bought for $66 mln. The shopping centre accommodates food, domestic appliance and cosmetics services retailers.

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