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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 ...

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 ...

Balfin MK secures finance for construction of Skopje City Mall (MK)

Balfin MK, the company developing the €70-million Skopje City Mall Project has secured agreement with a consortium of European and local banks for finance for the completion of the largest shopping c ...

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 ...

pbb Deutsche Pfandbriefbank provides £33 mln. of acquisition finance to F&C REIT Asset Management and AREA Property Partners (DE/UK)

pbb Deutsche Pfandbriefbank has provided an approx. £33-million (approx. €38-million) facility to AREA Property Partners, F&C REIT Asset Management and ESAS Holding.The loan funds the acquisitio ...

Pramerica secures £135-million investment mandate from major corporate pension fund (UK)

Pramerica Real Estate Investors has announced that it has won a new separate account mandate to invest £135 million (approx. €157 million) into UK Ground Lease properties on behalf of the trustees o ...

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