Russian property company AFI Development announced this week that it has obtained a five-year $74 mln (EUR 57 mln) project loan from Sberbank. The loan will be in Russian roubles and will be used to complete construction works at the Ozerkovskaya Embankment Project (Phase III), in line with the company's new strategy to resume development on a number of projects.
Private real estate holding Global Holdings Group has acquired mixed-use asset 10 Great Pulteney Street from fashion retailer Boohoo.
