Raven Russia Limited (“the company”) is a Guernsey registered investment company with its shares listed on the Alternative Investment Market (AIM) in the UK. It is focused on investing in property in Russia and the CIS.
Raven Russia’s portfolio is managed by Raven Russia Property Management Ltd, a subsidiary of UK AIM listed property group Raven Mount Plc. The company was established in July 2005 to invest principally in warehouse property across Russia, later extending its investment remit to include Ukraine and Belarus. The company’s equity base of over $900 million was raised in an initial offering in July 2005 and a secondary offering in March 2006. This currently gives a leveraged investment capacity of over $3 billion.
As at 31 December 2007 the company had committed over $1.4billion to logistics properties in Moscow, St Petersburg, the Regional cities of Rostov on Don and Novosibirsk, and also Kiev. It has an additional phased development programme to increase the portfolio to 2.4 million square metres at an estimated total cost of $2.2 billion.
The current pipeline of deals under negotiation will ensure that the target level of portfolio can be attained.
Raven Russia’s focus is now on building out this development portfolio and leasing it to high quality tenants.
In everything Raven Russia does they are setting new standards, often creating a way to integrate western best practice and Russian standards. The property adviser has built a large, experienced team of over 80 professionals and can demonstrate high quality in sourcing and closing deals, arranging debt financing, construction management and leasing.
