Moscow auctions land in Munich

Forget the usual promotional freebies - visitors to this year's Expo Real trade fair are being offered the chance to go home with a patch of land in Moscow. At a live auction to be held at the real estate exposition on Tuesday investors are being invited to bid for 26,000 m[sup]2[/sup] of land in the Russian capital. The starting price is EUR 600,000, and the successful bidder must pay an initial deposit of EUR 2,000.

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