Add to favorite
 
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS

Raven Russia Borrows $100 MN from Sberbank
1.05.2013 16:41
Raven Russia Borrows $100 MN from Sberbank
Photo Credit: http://www.profi-forex.org

British developer Raven Russia has taken a $100 million loan from Sberbank, setting a new trend on the domestic money market.

      With the European banks reeling from the effects of the Eurozone crisis, domestic and international firms operating in Russia are finding it extremely difficult to borrow abroad.

      Instead, they are now increasing turning to Russian banks who have become much more flexible after the 2008 financial meltdown.

      That’s why Raven Russia says it’s happy to partner up with Sberbank to re-finance an earlier loan and fund the construction of a warehouse facility just outside Moscow.

      Raven Russia Limited is a property investment company specialising in commercial real estate in Russia.

      Its portfolio consists of some 1.3 million square metres of Grade ‘A’ warehouses in Moscow, St Petersburg, Rostov-on-Don and Novosibirsk. Raven Russia also holds 342 hectares of land across Russia and CIS available for future development.

      The company's major tenants are X5 Retail Group, Dixy Group, Auchan, Leroy Merlin, Danone, Bacardi, Pepsi, DHL, DSV (Suzuki, Nissan+Renault), Nippon Express (Yamaha), and others. 




Author: Mikhail Vesely

Tags: Raven Russia Sberbank Russian banks   

Next Previous


You might also find interesting:








Comment on our site


RSS   twitter      submit



TAGS:
Krasnokamensk  Concerts in St. Petersburg  Mercedes-Benz Fashion Week Russia  Moscow  Yakutia  Exhibitions in Moscow  Antarctic Station  Russian Poetry  Depardieu  Olga Aroseva  Tver  Spacecrafts  Natalia Ischenko  Festivals in Saint Petersburg  Russian offroad vehicles  Russian sportsmen  St. Petersburg  Russian business  protest actions  Russian science  St. Petersburg nightlife  Russian oil companies  Christmas  Kaliningrad Oblast  Industrial growth  International Moscow Duduk Festival  Venice  Veliky Novgorod  Quantum Communication  Russian economy  Russian transportation  Events in Moscow  Moscow railway terminals  Ust-Labinsk  National Card Payment System  Russian Cinema  Russian aviation  Polytechnic University  Russian tourism  Russian religion  River Station in Moscow  Gorny Altay  Sakhalin  Nature Reserves  Pushkin Museum of Fine Arts  Cancer  Hermitage  Pavel Cherenkov  Sergey Prokofiev  Russian scientists 


Travel Blogs
Top Traveling Sites