Letting market remains strong, says Raven Russian

Raven Russia, the Russia focused property investment company, said the letting market in its sector remains strong as it heads towards the year end with its assets in Moscow, St Petersburg and Rostov expected to be virtually fully let by December 31st.

Raven Russia, the Russia focused property investment company, said the letting market in its sector remains strong as it heads towards the year end with its assets in Moscow, St Petersburg and Rostov expected to be virtually fully let by December 31st.

The group said annualised net operating income, or NOI, stands at $168m, rising to $170m, including letter of intents or LOIs.

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