Russia's top housing developer sees 'no currency risk' for foreign investors

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Russia's top housing developer sees 'no currency risk' for foreign investors

Khimki, Russia. 10th Apr, 2018. MOSCOW REGION, RUSSIA - APRIL 10, 2018: An aerial view of the construction site of the Levoberezhny, 71 residential complex of the PIK Group real estate developer in the town of Khimki. Valery Sharifulin/TASS Credit: ITAR-T

PIK is selling treasury shares to fund a buyback of stock from VTB and attract new investors

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