25.01.2012 12:19
SRV Group Plc Investor News 25 January 2012
Early on Wednesday morning a fire broke out in Septem City
quarter at Ohta
district of St. Petersburg in Russia. SRV is part-owner of
a block of
buildings, which have been leased to local businesses. The
fire was contained
to a part of industrial property mostly used as a warehouse
space, which would
have been in any case demolished from the way of a new
building.
"The fire primarily affected storage spaces, which are not
used by SRV. SRV's
St. Petersburg office as well as the Banking Institute, a
tenant, remained
unharmed, "SRV's Country Director Jussi Kuutsa
says.
The fire has not caused any personal injuries. Reason for
the fire is not yet
known.
SRV has developed the quarter for couple of years and the
plan includes
construction of retail, office and hotel premises. It is
estimated that the
fire damage doesn't' significantly affect the development
of the quarter.
SRV Group Plc
Taneli Hassinen
Director, Corporate Communications
SRV Group Plc
Tel. +358 40 504 3321
taneli.hassinen@srv.fi
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