Maurice Greenberg’s Starr International Company, following a $900 million Moscow development deal last month, is now involved in another partnership to buy $786 million worth of Eastern European real estate projects, his company said.

The announcement today by Starr in New York and the London-based Letterstone Group said they had done an initial funding of EUR100 million ($157 million) and have plans to acquire EUR500 million ($786 million) in real estate development investments.

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