Homburg starts second phase

  • 2012-10-31
  • From wire reports
RIGA - In a sign that the stagnant real estate sector may be showing some life, Homburg Zolitude, a subsidiary of Homburg Eastern Europe Fund, has concluded an agreement with the Esti Krediidipank Latvian branch for financing in the amount of 4.7 million euros for the construction of a multi-story apartment building in Riga’s Zolitude neighborhood, said Eesti Krediidipank Latvian branch representative Julija Farahova, reports LETA.The building of the multi-story apartment building is the second phase of multi-functional building construction started in 2010. During the first p...
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