RURIC: LLC Glinki 2 filed a claim on the investment contract cancellation

(Thomson Reuters ONE) -


PRESS RELEASE / October 29, 2012



LLC Glinki 2 filed a claim on the investment contract cancellation

LLC Glinki 2, a Ruric group company, filed a claim against the Ministry of
Defence with the request to cancel its investment contract regarding Moyka-
Glinki complex where the Military Transport University was located. Hearing date
is appointed on November, 9, 2012.
The final purpose of the case filing is either changing of the investment
contract conditions, or getting more stable rights on property development or
compensation of expenses.


For additional information

Ingvar Ljungqvist, CEO
Phone       +46 8 509 001 01
Email           iljungqvist(at)ruric.com


Web             www.ruric.com


ABOUT RURIC

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




LLC Glinki 2 filed a claim on the investment contract cancellation:
http://hugin.info/141656/R/1653105/533873.pdf



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Source: Russian Real Estate Investment Company via Thomson Reuters ONE
[HUG#1653105]

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Datum: 29.10.2012 - 13:20 Uhr
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News-ID 197207
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