News

December 4, 2006

METROPOL Asset Management, a wholly owned subsidiary of the “METROPOL” Group, won the auction for the properties of “Moskvich”, a Russian car-maker, with a RUR 5,554.7 mn bid.

The lot comprised 54 Moscow-located non-residential buildings.
The acquisition has furthered the company’s strategy for a deeper involvement in development projects both in Russia and internationally.
Currently, international and local real estate properties average 15 % of the Group’s total assets.