Hypo Real Estate Bank International has provided a EUR 145 mln financing facility to RosEvroDevelopment in relation to the Krekshino Logistics Park in Moscow. The transaction was completed on 22 October 2007. The construction and investment financing facility will assist with phases 2 and 3 of the Krekshino Logistics Park in the Narofominsk District of Moscow. The development comprises of 5 separate Class A warehouse facilities with the total area of 240,000 m[sup]2[/sup].
Hypo Real Estate Bank International has provided a EUR 145 mln financing facility to RosEvroDevelopment in relation to the Krekshino Logistics Park in Moscow. The transaction was completed on 22 October 2007. The construction and investment financing facility will assist with phases 2 and 3 of the Krekshino Logistics Park in the Narofominsk District of Moscow. The development comprises of 5 separate Class A warehouse facilities with the total area of 240,000 m2.
Commenting, Harin Thaker, CEO Europe at Hypo Real Estate Bank International, said: 'I am pleased that we were able to continue to build strong relationships with key players in the Russian market by working with RosEvroDevelopment. We have used our extensive experience in the market to provide a significant structured financing facility that fits well with the client's requirements.'
