The Moscow headquarters of Russian energy company OAO RAO UES has been sold for $175mln (EUR 112mln). Cushman & Wakefield Stiles & Riabokobylko, which arranged the sale, identified the buyer as OOO Intercessia.
The Moscow headquarters of Russian energy company OAO RAO UES has been sold for $175mln (EUR 112mln). Cushman & Wakefield Stiles & Riabokobylko, which arranged the sale, identified the buyer as OOO Intercessia.
The 23-storey Class B office, dating from 1996, provides 47,547 m2 on Prospekt Vernadskogo, 15-minutes walk from the city centre.
Sergey Riabokobylko FRICS, partner and senior executive director of C&W/S&R, commented: 'This is one of several deals of this calibre that our firm has been working on in the past few months and proves that despite the current unfavourable global financial climate, the Russian real estate market keeps going from strength to strength with Russian companies showing increasingly more interest in acquiring prime office space.'
