A
subsidiary of the Company has signed contracts to acquire a 45,237 m²
completed grade-A warehouse at Sholokhovo, on Dmitrov Shosse to the
North of Moscow from a fund managed by Fleming Family and Partners for a
consideration of $49.75 million (approx. €40.52 million).
The
property is let to two tenants, Kuehne + Nagel and Perekrestok (part of
X5 Retail) on leases expiring in 2017 and 2015 respectively. The income
for the next 12 months is $5.85 million (a
...
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