O1 Properties Plc, one of the largest owners and managers of a portfolio of high quality office properties in Moscow, said Thursday that it has decided to postpone its proposed initial public offering due to adverse market conditions.
Dmitry Mints, Chairman and CEO of O1 Properties, said, "The offering has attracted significant interest from international investors. However, we decided not to proceed with the IPO against the backdrop of current market conditions. We will continue to execute our focused business strategy and thereby achieve sustainable growth, guided by prudent cash flow and balance sheet management, as well as high corporate governance standards. We may consider returning to the equity markets and launching an IPO at another time in the future."
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.