PPF May Cooperate With Russia's Tretiak on Mitino: Forbes

PPF Group NV is in talks about cooperation with Vladislav Tretiak, the former Soviet hockey legend goalie, on PPF’s Moscow real-estate project Mitino, the Czech edition of Forbes reported, citing PPF.

Tretiak, who heads the Russian hockey federation and is a member of parliament for Vladimir Putin’s United Russia party, should open a hockey academy in Mitino and may be financially involved in Mitino, Forbes said.

The details of the cooperation with Tretiak on Mitino, a real-estate project consisting of a shopping mall, winter stadiums or farmer’s market, which is worth hundreds of million euros, are still being discussed, Forbes added.

PPF may invest as much as $120 million in the project, Moscow-based Kommersant newspaper reported today, citing an unidentified person with knowledge of the matter.

To contact the reporter on this story: Lenka Ponikelska in Prague at lponikelska1@bloomberg.net

To contact the editor responsible for this story: James M. Gomez at jagomez@bloomberg.net