print version 

Find company
Home About the ProjectContact usFor the Clients
Enter code or ISIN
 
alpha / industry search

Issuers' Corner
Press Releases
Annual Reports Library

Financial Statements
SEC & FFMS Filings
Corporate Presentations
GM Materials
Issues Documents
Corporate Governance Materials
Russian Company Guide
Company Profiles
Corporate Calendar
Markets Corner
Consensus Estimates
Media Corner
News Line


Get updates



Home  Issuers' Corner  Press Releases REGISTER LOG IN

Press Releases

company search
all press releases
all PIK Group press releases

PIK Group

October 28, 2010

PIK Group announces the expansion of its mortgage agreement with Sberbank of Russia

(London, October 28 2010) - PIK Group (LSE: PIK), one of Russia’s leading residential real estate developers, is pleased to announce that it has reached agreement with Sberbank of Russia for the expansion of its programme to make mortgages available to PIK customers for properties that are under construction.

Under the agreement, a further mass market project in Moscow region, located in the city of Dmitrov (Makhalina Street, building 4), has been added to the programme.

The base mortgage terms to customers include: loan-to-value (‘LTV’) of up to 85% (under “young family” mortgage programme – up to 90%), a RUB interest rate from 9.5% with maturities up to 30 years.

Dmitrov, Makhalina Street, building 4 is a 12-story building, which will comprise approx. 320 flats and accommodate approx. 800 people upon full completion. The building is located in close proximity to necessary amenities and a water protection area of Yakhroma River.

 

 

 

Search by industry

Agriculture, Foresty and Fishing | Chemicals | Engineering | Ferrous Metals | Financial, Insurance & Real Estate | Food & Kindred Products | General Construction | Information Technology | Media & Publishing | Non-Ferrous Metals | Oil & Gas | Pharmaceuticals | Power Industry | Precious Metals and Diamonds | Telecommunications | Transportation | Wholesale & Retail Trade

Search by alpha index

A B C D F G H I K L M N O P R S T U V W X Z


Site Map
© RUSTOCKS.com
Privacy Statement | Disclaimer