Investment fund Atrium European Real Estate closed the deal on the sale of Russian assets
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The Ramo-M company (part of the Romex Group holding) closed a deal to purchase Russian assets of the European investment fund Atrium European Real Estate (AERE), reported Vedomosti representative of Romex Group. According to him, seven shopping and entertainment centers (SEC) “Park House” with an area of 420 thousand square meters were bought. m. SECs are located in Moscow, St. Petersburg, Yekaterinburg, Kazan, Volgograd and Tolyatti. The first deputy general director of Romex-Kuban, Konstantin Tomenko, specified that the deal is open-ended and the ownership rights under it are finally transferred.
“Ramo-M” owns five shopping centers “Red Square” with a total area of 405 thousand square meters. m in Krasnodar, Novorossiysk, Anapa, Armavir and Tuapse. The fact that it will buy out the Russian assets of AERE was reported by Kommersant at the end of March. AERE specializes in investments in commercial real estate in Eastern Europe, the value of assets in all countries of presence at the end of 2022 was estimated at €1.8 billion.
Details – in the material “Kommersant” “Exit through the Red Square”.
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