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| The biggest credit agreement on Polish real estate market of 2009 The Echo Investment capital group concluded with the bank Eurohypo AG a credit agreement of the value of 100 million EURO. The means obtained on the basis of this agreement shall be allocated to finance costs of construction of the shopping-entertainment center in Kielce (Poland) – Echo Gallery. The concluded agreement pertains to investment credit, which shall be assigned directly for financing of the Kielce center erection – this is the biggest transaction of this type concluded this year on Polish real estate market and one of the biggest credits in a whole CEE region. The credit shall be handed over in installments to 31 March 2012 inclusive. The final term of repayment of the credit falls on 31 March 2020. write your comments about the article :: © 2009 Construction News :: home page |