North West | Real estate

Nikolsky Market in St. Petersburg auctioned at min. $14m

14 Oct '10
St. Petersburg Property Fund has announced an open auction to sell Nikolsky Market in St. Petersburg.

The starting price for the lot is reportedly set at $14m.

The market building is a monument of the federal significance, the Fund said.

The market is currently under reconstruction, which is scheduled to be completed in 2012. Under plans, the building is to become a hotel and business complex.
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Locations: St. Petersburg

Tags: Nikolsky Market (0) /

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