Moscow Times 2 May 2012
Real estate investment company O1 Properties said it aims to raise about $425 million from a London stock market listing to invest in Moscow’s booming commercial property market.
O1 Properties, set up by former directors at Moscow brokerage Otkritie, on Tuesday announced a price range of $11 to $13 per share for its initial public offering of new stock. It was not clear how many shares the company plans to sell.