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Litera LLC won the case against AUIPIK


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Copyright © Thomson Reuters 2013. All rights reserved.
2013-02-28 20:34:23 -

Press Release
February 28, 2013



Litera LLC won the case against AUIPIK

On 28 February 2013 Litera LLC (Ruric 50% owned company) won the case against
AUIPIK, the Russian governmental agency in charge for historical buildings.
AUIPIK had tried to double the rental payments for Fontanka 57 since September
2012.




For additional information:

Vyacheslav Balabaev, CEO of Ruric Management LLC

Tel.: +7 (812) 309-78-95
E-mail: VBalabaev@ruric.com
Web: www.ruric.com




About company:

RURIC AB (Russian Real Estate Investment Company AB (publ) (reg. No.
556653-9705, Hovslagargatan 5 B, SE-111 48 Stockholm)) - company with Swedish
capital, operating in St. Petersburg commercial real estate market since 2004.

Besides its property management, RURIC AB establishes the realty agency, which
services are based on the cutting edge mobile application, and introduces the
system analyzing visitors traffic at business and trade centers prepared by the
partners. 
This method has no parallels and is suggested as a part of the consulting offer for office and retail property owners. Beyond that, the company is already dealing with the investment projects coordination, local and national market approach consulting, valuation and property trust services. Real estate portfolio construction and management services are also included. These services apply to the property of different return, from €100,000 to 6% per annum. RURIC's Certified Advisor at First North is Erik Penser Bankaktiebolag Litera LLC won the case against AUIPIK (.pdf file): hugin.info/141656/R/1682226/550211.pdf This announcement is distributed by Thomson Reuters on behalf of Thomson Reuters clients. The owner of this announcement warrants that: (i) the releases contained herein are protected by copyright and other applicable laws; and (ii) they are solely responsible for the content, accuracy and originality of the information contained therein. Source: Russian Real Estate Investment Company via Thomson Reuters ONE [HUG#1682226]


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