×
Enjoying ad-free content?
Since July 1, 2024, we have disabled all ads to improve your reading experience.
This commitment costs us $10,000 a month. Your support can help us fill the gap.
Support us
Our journalism is banned in Russia. We need your help to keep providing you with the truth.

Wainbridge Enters Housing

The Wainbridge company, through which PIK founder Kirill Pisarev invests in London office properties, is expanding into elite housing.

Wainbridge Limited has established Wainbridge Estates, which will specialize in investments and development of luxury residential real estate, it said in a statement, Vedomosti reported last week. In addition to London, it was considering investment opportunities in New York, Paris, the south of France and the Caribbean.

Wainbridge also manages the Wainbridge Global Opportunities London Limited investment fund, which specializes in commercial real estate. In 2010 the fund raised about £100 million ($158 million) and, combined with credits, may invest up to £285 million. According to the company's website, the fund's investors are Russian citizens.

(MT)

… we have a small favor to ask. As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just $2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Once
Monthly
Annual
Continue
paiment methods
Not ready to support today?
Remind me later.

Read more