A consortium led by Otkritie Financial Corporation and Deutsche Bank has agreed to sell four Class A office buildings with a total 101,000 m[sup]2[/sup] of space in Moscow's central office district Paveletskaya to the German real estate investment company KanAm Grund Kapitalanlagegesellschaft mbH (KanAm Grund). The properties are earmarked for KanAm open-ended fund KanAm grundinvest Fonds. The project developer is Otkritie-Real Estate.