ZAO Avielen Ltd - a joint venture of Austrian real estate developers Warimpex (55 percent), CA Immo Group (35 percent) and UBM (10 percent) - has completed the sale of two office towers in the Airport City of St. Petersburg successfully. The purchase price is 70 million euros. The in November signed Deal was in the meantime threatened to fail because of the ruble decay.
Buyer of the two buildings "Jupiter1" and "Jupiter2" is a subsidiary of the Russian Pension Fund Blagosostoyanie. The total area is reported to be approximately 16,800 square feet and is fully leased for about two years to the Russian energy company Gazprom.
Other planned office building
Another office tower ("Zeppelin") with an area of 14,800 square meters in Airport City is in completion and was leased already in May 2014 for long-term to an international group, said the Warimpex. Other office buildings on the property are being planned.
(APA / red, derStandard.at, 03.02.2015, http://derstandard.at/2000012365213/Oesterreichische-Entwickler-verkaufen-Buerotuerme-in-St-Petersburg)
Austrians sell office towers in Russia
The sale of the towers in St. Petersburg was threatened to fail because of the ruble decline
