Sistema-Hals buys 74.9 pct in Russian real estate portfolio

Sistema-Hals JSC said it has acquired a 74.9 pct stake in Russian real estate portfolio Gorki-8 Ltd for over 100 mln usd. The Russian real estate company said that as part of the deal, it will acquire over 35,000 square metres of real estate and nine hectares of land on the Rublevo-Uspensky Highway.