The ownership of the building was acquired at a city auction

St.-Petersburg
20 November 2010

The ownership of the complex of buildings of the Nikolskiy Rynok was acquired by “Nikolskie Riady” CJSC at a meet auction.

Nikolskiy Rynok was acquired for the purpose of carrying out restoration and remedial work and retrofitting the building for modern uses. The volume of investments injected into the project will reach $220 mln.

The work completion date is scheduled on December 2013.





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