AIM-listed warehouse property company Raven Russia has pre-let the balance of its 55,000m[sup]2[/sup] warehouse development with EGL in Moscow to global logistics operator Nippon Express. The company said it had agreed to let a further 24,130m[sup]2[/sup] for a seven-year term at a rent ahead of expectations. The building to the north of Moscow is due for completion by the end of 2008.
Private asset management company Kryalos has completed the acquisition of a light industrial property in Rome, through its Mars fund.
