TNK-BP to Sell Its Arbat Office to Ananyev Brothers

TNK-BP has agreed to sell its office complex Alfa Arbat Center on the Arbat to Promsvyaznedvizhimost, which is controlled by the Ananyev brothers, in a deal that could be worth up to $260 million, according to a source close to one of the parties in the transaction. The oil company will lease office space in the Nordstar tower in the Begovoi neighborhood. Promsvyaz expects to turn a profit on renting out […]