Immofinanz Refinances Shopping Mall in Moscow

Russia & CIS › Russia ♦ Published: November 14, 2011; 11:27 ♦ (Vindobona)

ZAO Raiffeisenbank provides a major loan for the Austrian real estate group in order to expand operations in Russia.

Immofinanz Refinances Shopping Mall in Moscow / Picture: © Vindobona.org

Immofinanz Group signed a long-term credit agreement for the Fifth Avenue Shopping Mall, with ZAO Raiffeisenbank. “Following recently increased volatility in the banking sector, our deal with ZAO Raiffeisenbank again underlines the strength of our Russian portfolio. This agreement is another important step in optimizing our financing structure which is based on a…

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