Vedomosti: the Summa group sells Seven Suns Development your development project

ECONOMY

MOSCOW, July 30. /Basereporter.com/. The Summa group owned by Ziyavudin Magomedov, is selling its only development project structure of the development company Seven Suns Development. About it reports on Monday, the newspaper “Vedomosti” with reference to sources.

“Project Amount” is a multifunctional complex with an area of 259 thousand square meters, of which 194,2 thousand square meters – housing, the rest – commercial property and infrastructure. The property is situated in the industrial area N49 “Beskudnikovo” Ilim street in Moscow.

According to the newspaper, the deal is already closed or will be closed in the near future, on the amount of the transaction were not disclosed.

The representative of the Seven Suns Development told the newspaper that the company was interested in this project, the developer is soon going to start construction in the Moscow region, and develops several plots in Moscow.

The facility was put up for sale before the problems at the Summa group, and all agreements with the purchaser was reached last year, said one of the sources of the newspaper.

Tver court arrested March 31, Magomedov brothers and Arthur Maximova – ex-Chapter member of the group “Summa” of the company “INTEKS”. Magomedov is charged with the organization of a criminal Association, and embezzlement of 2.5 billion rubles. The court seized the accounts of a number of assets of Summa group. Bank accounts, property Magomedov and seized from them during searches money also arrested.

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