VTB has opened a credit line for 60 billion rubles. for the developer Capital Alliance (a joint holding company of Alias Group and Capital Group). The project financing will be used for the construction of a multifunctional business center in the north of Moscow and a residential complex on Vernadsky Avenue, the bank said in a statement.
The developer Capital Alliance plans to build a modern AVIUM class A office complex with a well-developed infrastructure on the territory of the Sorge transport hub.
Capital Alliance is a joint holding company of Alias Group and Capital Group, created for the construction and implementation of projects in the Moscow real estate market. The project portfolio totals more than 5 million square meters.
VTB Group is a Russian financial group comprising more than 20 credit and financial companies operating in all major segments of the financial market. The Group has subsidiaries and associated banks in Armenia, Belarus, Kazakhstan, Azerbaijan, Vietnam, a branch in India, and a branch and representative office in China.
