Out with Raven Russia, in with Raven Property Group – The company formerly known as Raven Russia has announced that, following approval at the company’s AGM, it has changed its name to Raven Property Group (with effect from 4 June 2018). Its ticker has also changed from RUS to RAV.
[QD comment: Although no formal explanation has been offered for the reason behind the name change, it seems reasonable to us that with sentiment towards Russia currently challenging, the board may have taken the decision to de-emphasise the company’s Russian connection!]
About Raven Property Group
Raven Property Group is a Guernsey registered property investment company specialising in commercial real estate in Russia. The company describes itself as being focused on the acquisition and development of high quality class A warehouse complexes in the major cities across Russia, and their subsequent leasing to Russian and international tenants. The company holds its investments for the long term.
Portfolio
Raven Property Group says that it has an investment portfolio of circa 1.8 million square metres of Grade “A” warehouses in Moscow, St Petersburg, Rostov-on-Don and Novosibirsk and 49,000 square metres of commercial office space in St Petersburg.
Out with Raven Russia, in with Raven Property Group : RAV, RUS