MirLand,
one of Russia's leading residential and commercial property developers,
announces that its wholly-owned subsidiary Petra 8 LLC has entered into
a loan agreement with SberBank of Russia for the provision of a line of
credit of approximately US $41 million (approx. €30 million).
The
purpose of the loan is to finance the construction of 510 apartments,
comprising the first phase of MirLand’s flagship Triumph Park mixed-use
residential deve
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