April 22, 2013
Litera LLC has again won the case against AUIPIK
On April 22, 2013 Arbitration Court of Saint-Petersburg and Leningrad region has
recognized the right of Litera LLC (Ruric 50% owned company) to set-off
84 239 658, 91 Rubles against rental payments for the use of the building at the
Fontanka 57, lit. A, under the lease agreement with the Russian governmental
For additional information:
Vyacheslav Balabaev, CEO of Ruric Management LLC
Tel.: +7 (812) 309-78-95
RURIC AB (Russian Real Estate Investment Company AB (publ) (reg. No.
556653-9705, Hovslagargatan 5 B, SE-111 48 Stockholm)) is a company with Swedish
capital, operating in St. Petersburg commercial real estate market since 2004.
Besides its property management, RURIC AB establishes the realty agency, which
services are based on the cutting edge mobile application, and introduces the
system analyzing visitors traffic at business and trade centers prepared by the
partners. This method has no parallels and is suggested as a part of the
consulting offer for office and retail property owners.
Beyond that, the company is already dealing with the investment projects
coordination, local and national market approach consulting, valuation and
property trust services. Real estate portfolio construction and management
services are also included. These services apply to the property of different
return, from â‚¬100,000 to 6% per annum.
RURIC's Certified Advisor at First North is Erik Penser Bankaktiebolag
Litera LLC has again won the case against AUIPIK (.pdf file):
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Source: Russian Real Estate Investment Company via Thomson Reuters ONE