Developer Ingrad changes its ticker symbol on the Moscow Exchange. From June 19, the company's securities will be traded under the ticker KFBA instead of INGR.

Last year, Ingrad Group sold 2,500 hectares in different districts of Moscow Region with an estimated value of up to ₽1.9 billion, but the company made a loss of ₽1.4 billion on the sale. Developers also put the remaining 12.4 hectares of non-core land plots on active sale.

Sminex Group is negotiating the sale of part of the projects of Ingrad, which it bought out in October this year, sources told Vedomosti. Mainly the sites for the construction of residential complexes of comfort class are offered for sale. According to the interlocutors of the edition, about eight sites for 2.7 million square meters may be sold. Experts coul...

Sminex has offered to sell Ingrad's minority shareholders the company's securities to it for ₽1676 per share. Accepting the offer is possible within 70 days.