Litera LLC won the case against AUIPIK

Thu Feb 28, 2013 2:32pm EST

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Press Release
February 28, 2013

Litera LLC won the case against AUIPIK

On 28 February 2013 Litera LLC (Ruric 50% owned company) won the case against AUIPIK, the Russian
governmental agency in charge for historical buildings. AUIPIK had tried to double the rental
payments for Fontanka 57 since September 2012.

For additional information:

Vyacheslav Balabaev, CEO of Ruric Management LLC

Tel.: +7 (812) 309-78-95
E-mail: VBalabaev@ruric.com
Web: www.ruric.com

About company:

RURIC AB (Russian Real Estate Investment Company AB (publ) (reg. No. 556653-9705, Hovslagargatan 5
B, SE-111 48 Stockholm)) - company with Swedish capital, operating in St. Petersburg commercial
real estate market since 2004.

Besides its property management, RURIC AB establishes the realty agency, which services are based
on the cutting edge mobile application, and introduces the system analyzing visitors traffic at
business and trade centers prepared by the partners. This method has no parallels and is suggested
as a part of the consulting offer for office and retail property owners.

Beyond that, the company is already dealing with the investment projects coordination, local and
national market approach consulting, valuation and property trust services. Real estate portfolio
construction and management services are also included. These services apply to the property of
different return, from EUR100,000 to 6% per annum.

RURIC's Certified Advisor at First North is Erik Penser Bankaktiebolag

Litera LLC won the case against AUIPIK (.pdf file) http://hugin.info/141656/R/1682226/550211.pdf 


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Source: Russian Real Estate Investment Company via Thomson Reuters ONE


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