Bank of Russia has approved the offer of JSC Immovable Assets

JSC Nedvizhimye Aktivy has disclosed an offer to minority shareholders of PIK approved by the Bank of Russia. Company offers to sell the developer's shares at a price of ₽551.4 per share. Currently, the company directly owns 63% of PIK. Another 21.88% of the developer's shares are held by PIK-Investproekt LLC, a company affiliated with the PIK Group, with which JSC Nedvizhimye Aktivy is now affiliated through the group's parent company. The acceptance period for the offer is 70 days.