Marbleton, Storm agree EUR 140m Russian office venture

The Marbleton Property Fund has formed a joint venture with Moscow-based Storm Properties to develop a 100,000 m[sup]2[/sup] suburban office park on the outskirts of the Russian capital The joint venture recently acquired a nine-hectare land plot for the project, according JER Partners, which along with Russian private equity group Alfa Capital Partners is a sponsor of the Marbleton Fund. JER is the global real estate investment arm of the J.E. Robert Companies.

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