Raven Russia gets US$89 million loan for expansion

Raven Russia, a Guernsey-registered property investment group, focused on warehouses in Russia and Ukraine, signed a five-year term loan facility agreement worth US$89 million with Aareal Bank, Dow Jones reported.

The facility will be used to refinance the completed and fully let first and second phases of the 205,000 square metre warehouse complex in western Moscow.

Source: http://www.cargonewsasia.com