Immofinanz: Takeover of Rostokino in Moscow Finalised

Published: May 21, 2012; 12:22 · (Vindobona)

Following the approval by the Russian antitrust authorities, the purchase of the remaining 50% of the Golden Babylon Rostokino shopping center by Immofinanz Group was finalised on 16 May.

Immofinanz: Takeover of Rostokino in Moscow Finalised / Picture: © Flickr

“We are pleased to have already completed the acquisition of the Golden Babylon Rostokino shopping center. The agreement with our joint venture partner Patero over the full takeover of the Golden Babylon Rostokino was signed only recently in March.” The company announced.

“The quick finalisation of this transaction will now allow us to include the total rental income from…

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