Kopernik hands over Moscow properties to creditor bank

Russian property developer Kopernik Group has signed over the 37,800-m[sup]2[/sup] Severnoe Sianie business centre and the Na Krasnoy Presne office complex in Moscow to the privately-held Alfa-Bank as credit redemption. The Russian bank is now planning to sell the properties by public tender, according to a new market report issued by research group GVA Sawyer.

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