Ukraine, Kiev, Jan. 13 / Trend , Z.Novosvitski/
The European Bank for Reconstruction and Development (EBRD) is allocating $34.4 million to Terminal Brovary to construct a logistics center outside Kiev, the EBRD said on Jan.12. Terminal Brovary is owned by AISI Realty Public Limited, a property fund registered in Cyprus and listed on the London Stock Exchange. The company is engaged in real estate development in Ukraine. Commerical banks will syndicate $17.2 million of the loan. According to the EBRD, Terminal Brovary will design and build a modern logistics center with 49,200 square meters of storage space under the loan. The center will be located in Brovary 30 kilometers outside Kiev. The center will reduce the shortage of quality warehouse space in the region and Ukraine as a whole. The EBRD is the largest financial investor in Ukraine. As of Jan. 1, the bank had vowed to invest 4.1 billion euro in 170 projects.
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