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Raiffeisenbank lends 29 million euro for the building of Mall Pleven


Raiffeisenbank (Bulgaria) EAD has reported it will extend a long-term credit of 29 million euro for the building of Mall Pleven.
Financing has been secured by a mortgage on the mall site and the future structure.
The major investor in the scheme is the Aladin company. Mall Pleven got a First Class Investment Certificate in November for the sum of 80 million leva, for planned investment in the schame.
The retail centre will have a gross actual area which spreads over 46 800 sq m. The retail area purposed for lease will be 17 800 sq m. The mall is due for completion in 2010.

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