OREANDA-NEWS. On 07 June 2008 was announced, that Glavstroy Corporation owned by Oleg Deripaska is to put up an office and residential complex with the area of more than 400,000 sq m at the intersection of Borovskoe Highway and the MKAD in Moscow.

“The company has purchased 34.5 ha on this place in January 2007,” the edition said referring to Aleksander Kurnikov, head of the project.

The project of the office and residential complex was represented at the XII International Economic Forum in St Petersburg.

The investment in the project will total \\$800 million, the edition added.