XXI Century to Invest USD 600 mln over 2008
19 February 2008
XXI Century (XXIC LN: BUY) announced it plans to invest USD 600 mln into project development in 2008, according to Interfax. The company earlier said it would invest about USD 2 bln in 2008-2009. The developer’s CEO, Lev Partskhaladze, also said that the company is looking to cooperate with foreign companies to develop retail and logistics real estate.
