Ruric shall acquire, develop, manage and divest real estate assets in St. Petersburg, offering top-quality commercial premises in the best locations, thus contributing to the successful business performance of its tenants.
Objective
Ruric's long-term overall objective is to create and realise value for its shareholders in the form of dividend and increase in value. Ruric aims to achieve a return on equity in excess of 20 per cent, given a conservative leverage structure.
Strategy
To identify high-potential real estate in the city centre, structure appropriate deal and acquire at best price, renovate into top-notch commercial space (offices and retail) and attract tenants looking for premium premises.