Sponda purchases office property in Moscow for USD 47.5m (RU/FI)

Real estate investment company Sponda Plc has announced that it has purchased an office property that is currently under construction in Moscow for US $47.5 million (approx. €31m) from Plazmexon Investments Ltd.

The property is located in the center of Moscow, close to excellent transport connections, at Prospekt Mira 6. The premises will have a total of 3,025 m² of leasable office space and parking space for 54 cars. Sponda is engaged in initial negotiations with various potential tenants. The building will be completed by the end of 2007.

Source: Sponda

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