Sun Investments buys Russian mall for $30m

Sun Investments Partners has reportedly acquired a 20,000 m[sup]2[/sup] shopping centre project and the adjacent plot of land offering 12,000 m[sup]2[/sup] in central Novosibirsk, Russia from developer Rid Group. The transaction price amounts to some $30 mln (EUR 20 mln), Russian newspaper Kommersant has reported.

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