2012-11-15 12:24:53 -
PRESS RELEASE / November 15, 2012
Ruric AB withdraws the claim regarding Grifon House
Ruric AB withdraws its claim against CJSC Grifon, a subsidiary of Storm Real
Estate ASA, regarding Grifon House business centre. Today the case was stopped
at the Arbitration court of St. Peterburg and Lenigrad Oblast.
Grifon House is located at 19-21 Dostoevskogo St. and 19 Razyezzhaya St. in
Saint Petersburg with a total area of approximately 6,300 square meters. CJSC
Grifon was sold by Ruric AB in 2009 to a subsidiary of Storm Real Estate ASA, a
Norwegian real estate investment company.
For additional information
Ingvar Ljungqvist, CEO
Phone +46 8 509 001 01
Ruric's business strategy is to manage real estate in the
center of St
Petersburg. In addition Ruric shall also acquire real estate and implement value
creating additional investments at attractive conditions. Through professional
management and good tenant relations spaces of high class are offered to tenants
looking for possible spaces in central locations willing to pay for it. Ruric
offers primarily office- and retail premises.
Ruric's Certified Advisor at First North is Erik Penser Bankaktiebolag
Ruric AB withdraws the claim regarding Grifon House:
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Source: Russian Real Estate Investment Company via Thomson Reuters ONE