Russia Warimpex pulls out of Russia

Warimpex has been active in Russia since the 1990s when it acquired its first hotel in Ekaterinburg. In the mid-2000s, the focus shiftedto St. Petersburg and the Airportcity, where the Airportcity Plaza Hotel was the first project to be completed. Subsequently, three office buildings and a multifunctional building for parking, storage and offices with a total of around 53,100 sqm of rentable space followed. Contracts were signed between Warimpex and a Russian buyer for the sale of all shares and