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OJSC Nordea Bank and Russian Commercial Properties Partners II investment fund managed by UFG Real Estate have made a 5-year USD 30 mn loan facility agreement.
The facility will be utilized for the purchase of the Imperial House (an A-class office centre) from the Capital Group.
’For many years OJSC Nordea Bank has been maintaning business relations with various investment funds managed by UFG Real Estate. We fully approve and support business development strategy pursued by UFG Real Estate and are eager to develop actively our business ties,’ Grigori Nekrassov, head of the REMI industry team of OJSC Nordea Bank, says.