Polonsky Sells Khimki Land

Mirax Group founder Sergei Polonsky is selling land in Khimki, including some along the route of the disputed Moscow-to-St. Petersburg highway, Kommersant reported Wednesday. Polonsky and Azimut Hotel group chief Alexander Klyachin co-own more than 700 hectares worth about $420 million in the district just north of Moscow. About 140 hectares of it is now being sold for between $6,000 and $8,000 per 100 […]