Goldman Sachs buys Pokrovsky Hills
Published: 01 August, 2008, 10:17
Global investment bank Goldman Sachs has made its first real estate acquisition in Russia.
Its affiliate, Whitehall Street Real Estate Funds has bought Pokrovsky Hills, an elite 260-unit townhouse community for $300 Million.
The community, situated in a hilly and wooded area in the northwest outskirts of Moscow near the Khimky reservoir and Pokrovskoe-Glebovo Park, was built in 2002 specially for expats working in Russia.
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