Limitless in new Russian development

Dubai: Limitless, the master development arm of Dubai World, and RDI Group, an investment company involved in managing land assets, development projects and properties in the Moscow region, have signed a joint venture agreement to create a township near the Russian capital for around 12,000 people.

"The project - the first for Limitless in Russia - will be a distinctive, balanced residential community near Ivakino and Starbeevo in the Khimki Region, three kilometres from Sheremetyevo International Airport and 24 km north-west of central Moscow," a company statement said.