Russian residential developer PIK is continuing to expand its focus from the Moscow region by entering St Petersburg and Ukraine. The London and Moscow-listed developer said its recently established business units, PIK Ukraine and PIK Northwest, will be responsible for identifying land for purchase, zoning, and construction in the new regions it is targeting.
Swiss real estate group Investis has boosted its real estate holdings with the CHF 139 mln (€149 mln) purchase of prime residential properties in Vaud canton.
