euro adhoc: CA Immo International AG
other
ZONING PERMIT AND 133 MILLION
EURO DEBT FINANCING FOR MASLOV TOWER IN MOSCOW OBTAINED
Disclosure announcement transmitted by euro adhoc. The issuer is responsible for the content of this announcement.
Company Information
25.09.2008
CA Immo International reached two milestones regarding the project "Maslov Tower": the zoning permit for the project was granted and a EUR 133m loan contract was signed at attractive terms. The financing was granted by Bank Austria and UniCredit Bank Russia. The loan covers the total investment costs as well as the financing costs during the construction period as well as a VAT facility.
Together with a locally well connected Joint-Venture Partner CA Immo International is developing the "Maslov Tower" in Russia´s capital city. The object is a high quality office building with a planned lettable area of over 30.000 m². The total investment volume amounts to c. EUR 150m, of which CA Immo International´s share amounts to 50 %. The works for the laying of the infrastructure are expected to commence in the beginning of 2009.
end of announcement euro adhoc
Further inquiry note:
CA Immo International AG
www.caimmointernational.com
Mag. Claudia Hainz
Tel.: 01/532 59 07-502
eMail: hainz@caimmointernational.com
Mag. Florian Nowotny
Tel.: 01/532 59 07-518
eMail:nowotny@caimmointernational.com
Branche: Real Estate
ISIN: ATCAIMMOINT5
WKN: A0LBUV
Index: WBI, ATX Prime
Börsen: Wiener Börse AG / official market