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ZAO Raiffeisenbank opens long-term credit line for IMMOFINANZ Group's Fifth Avenue Shopping Mall (RU)

IMMOFINANZ Group, one of the largest foreign property investors in the Moscow retail sector, has recently signed a US $55-million (approx. €40-million) long-term credit agreement with ZAO Raiffeisenb ...

Thierry Cahierre appointed Country Manager at Redevco France (FR)

Redevco has announced that Thierry Cahierrre (39) has been appointed Country Manager at Redevco France, effective November 14, 2011.Cahierre is currently Real Estate Director at group FNAC. He will re ...

New construction financing for Triumph Park residential development in St. Petersburg (RU)

MirLand, one of Russia's leading residential and commercial property developers, announces that its wholly-owned subsidiary Petra 8 LLC has entered into a loan agreement with SberBank of Russia for th ...

IVG returns to profitability in third quarter of 2011 (DE)

IVG Immobilien AG returned to profitability in the third quarter of 2011 with a consolidated net profit of €3.0 million after a loss of €68.8 million in the previous quarter.The value driver in the ...

JLL: Inaugural CRC Performance League Table published (UK)

The CRC Energy Efficiency Scheme (CRC) Performance League Table has been published by the Environment Agency.The Performance League Table sees participants ranked according to their early action in th ...

Norges Bank and AXA Real Estate sign an agreement to acquire prime Paris office portfolio for €290 mln. (FR)

Norges Bank Investment Management, which manages the Norwegian Government Pension Fund Global, and AXA Real Estate Investment Managers, acting on behalf of AXA France Insurance Companies, announce tha ...

IVG secures early extension of credit lines totaling ca. €2.0 billion (DE)

IVG Immobilien AG has made significant progress in optimizing its financial structure. Based on a binding agreement between IVG Immobilien AG and the syndicate banks, the Syndicated Loan 2009 (also kn ...

IVG Institutional Funds GmbH and ING Real Estate Finance close debt financing (DE/NL)

IVG Institutional Funds GmbH and ING Real Estate Finance ('ING REF') have secured in total over €20 million in funding on behalf of the special real estate fund EPFUND – OIK, managed by IVG Institut ...

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