By Marcus Williams
Storm Real Estate, a Norwegian fund which invests in Russian real estate, listed 23.5 million shares on the Oslo Stock Exchange in an IPO yesterday.
Morten Astrup, chief executive of managing company Storm Capital Management, said the firm is hoping to attract Russian investors.
Storm Real Estate owns the business centers Gas Field in Moscow and Grifon in St. Petersburg. Its market capitalization is about $50m.
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