China’s Silk Road Fund to invest in Russia’s Tushino real estate

Prime News, 04.07.2017

MOSCOW, Jul 4 (PRIME) -- China’s Silk Road Fund will join a consortium, comprising the Russian Direct Investment Fund (RDIF), the Russia–China Investment Fund (RCIF) and Middle Eastern funds, to invest in real estate building in Moscow’s Tushino, the RDIF said in a statement on Tuesday.

The amount of investments was not disclosed.

The project will encompass construction of office and housing property, and infrastructure on one million square meters of the former Tushino landing ground.