Pik, the London-listed developer of residential property in Russia, said it has won several tenders from the City of Moscow to complete 85,000 m[sup]2[/sup] of housing in several districts of the Russian capital. The contracts involve RUB 4.5 bn (about EUR 113 mln) of municipal funds.
As Ares completed a €325 mln French logistics acquisition from Blackstone, another French portfolio came onto the market.
