Raven Russia, the AIM-listed property investor specialising in commercial real estate in Russia, has acquired a 50% stake in an industrial development project in Kiev for an undisclosed sum. The deal is Raven Russia's first project in Ukraine. The company's partner in the joint venture is the closed-end fund Asnova Holding, which last year sold a major stake in its local health and beauty retail business to global retail and manufacturing company A. S. Watson.
Premium subscriber content – please log in to read more or take a free trial.
