JOINT-STOCK COMPANY "SBERBANK COMMERCIAL INVESTMENT BANK" "City Center" opened Kortros Group a credit line of 6,3 billion rubles for construction of part of the residential quarter

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JOINT-STOCK COMPANY "SBERBANK COMMERCIAL INVESTMENT BANK" (corporate and investment business Public joint-stock company "Sberbank Russia") opened Kortros Group (developer division JOINT-STOCK COMPANY "GROUP OF COMPANIES "RENOVA") a credit line of 6,3 billion rubles for construction of part of the residential quarter "Center City" in Shmitovsky Drive, 39, in Presnensky District Moscow. Crediting term – five years, is reported by the press service of Public joint-stock company "Sberbank Russia".

Sberbank CIB opened Kortros Group a credit line of 6,3 billion rubles for construction of part of the residential quarter

All project "Center City" assumes construction of ten high-rise buildings according to the project of Architectural bureau "Ostozhenka". The volume of investments is estimated at all project by 32 billion rubles.

the Total area of a complex in the territory of the former Flour-grinding combine No. 4 – 500 thousand sq.m of which JOINT-STOCK COMPANY "GROUP OF COMPANIES "RENOVA" Viktor Vekselberg will construct 144 thousand sq.m – three inhabited cases up to 53 floors high on 1227 apartments and 549 parking places, and also kindergarten. It is the first stage of a complex.

the site Area under building makes 3,6 hectares. As the builder JSC Residential Quarter City acts. The construction license works to the middle of October, 2020.

Founders LLC "ZHILOY KVARTAL CITY" - LLC "RENOVA-HOLDING RUS" (74,9%) and registered in Cyprus "Tonston investments limited" (25,1%). The same shares founders own LLC "KORTROS HOLDING", according to SPARK.<"33>"

One more builder "Center City" - company Capital Group which also acts as the fee-developer of the project. At the beginning of a year of mass media reported that JOINT-STOCK COMPANY "GROUP OF COMPANIES "RENOVA" became the partner of Capital Group in this project. Construction "Center City" is planned to finish "City Center" in 2023.

In January company "BEST-Novostroy" declared

sale start in the first stage of a complex of inhabited skyscrapers "Center City".

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