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| Sponda purchased two shopping centres in Moscow Finnish property investor Sponda Plc has purchased the shopping centres Sun Paradise I and Sun Paradise II in Moscow for a total of about USD 109 million from LR Russia AB. Sun Paradise I, built in 2004, was purchased for about USD 66 million. The shopping centre, which provides food, domestic appliance and cosmetics services, is located in Solntsevo, in Moscow, close to outer ring road at Borovskoe Highway 6. The shopping centre has 9,000 square metres of leasable retail premises and parking for 242 cars. The price for the Sun Paradise II shopping centre, which focuses on consumer goods and food services, was about USD 43 million. Completed in 2005, the shopping centre is located in the centre of Ramenskoe in the Moscow region, at Vokzalnaya St 4. The shopping centre contains 6500 square metres of leasable retail premises and parking facilities for 120 cars. write your comments about the article :: © 2008 Construction News :: home page |