Hermitage, the French property arm of Russian group Stroimontage, reached an agreement on Wednesday with an undisclosed pool of banks for the financing of the Hermitage Plaza tower project located at La Défense business district in Paris. A Hermitage spokesperson would not reveal the amount of the financing, but the development of the scheme will involve an investment of over EUR 2 bn.
Pan-European investor Bowery and real estate investor Alba join forces to acquire their first last-mile logistics asset in the Netherlands.
