Russian real estate developer Sistema-Hals said on Friday that the placement of the second tranche of its rouble bond public offering was fully subscribed. The London-listed company has issued 2 million securities with par value 1,000 roubles each, raising a total of 2 bn roubles (EUR 45 mln). The bonds, with a coupon rate of 12%, mature in 2014.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
