Russian Army Plans $1 Billion Housing in Moscow, Kommersant Says

Russia’s defense ministry is seeking approval from the Moscow city government to build 1 million square meters of housing, Kommersant said, citing documents at city hall.

The ministry may spend about 31.77 billion rubles ($1 billion) on the project, newspaper said.

To contact the reporter on this story: Yuliya Fedorinova in Moscow at yfedorinova@bloomberg.net

To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net

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