TNK-BP sells Moscow's Alfa Arbat Center for EUR 170m

By A staff reporter 2011-08-05T00:00:00

Cushman & Wakefield (C&W) has confirmed the sale of the Alfa Arbat Center office complex on Moscow' Arbat Street to Promsvyaznedvizhimost, owned by Russian billionaires, Alexey and Dmitriy Ananyev. The transaction, which was carried out on behalf of Russian oil group TNK-BP, amounts to $238 mln (EUR 167 mln).

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