Azerbaijan Oil Fund buys a gallery next to ‘Armenia’ on Tverskaya Street in Moscow
Baku, Fineko/abc.az. The State Oil Fund of Azerbaijan (SOFAZ) starts announced investments in Russian real estate.
The Russian media report that SOFAZ has already applied to the Federal Antimonopoly Service with request to review its application for purchase of commercial & business center "Actor Gallery" in the center of Moscow.
Earlier Russia’s Capital Insurance Group has put up for sale 100% of shares of company “Tverskaya, 16" that owns "Actor Gallery".
The building of the "Gallery" is located in the center of Moscow next to store "Armenia" (intersection of Strastnoy Boulevard and Tverskaya Street).
Commercial and business center "Actor Gallery" is a landmark and a unique object of elite commercial real estate in Moscow.
Due to investment policy change, since 2012 the SOFAZ got the right to purchase real estate. Previously SOFAZ executive director Shahmar Movsumov announced deals on acquisition of Moscow real estate.
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