VTB bank has provided an investment credit to the Holding Adamant in the amount of EUR 44 mln. for building of shopping and entertainment center Kontinent at Zvyozdnaya

18.07.2011

North-western regional centre of VTB Bank has provided to CJSC Zvyozdniy (Holding Adamant) an investment credit by means of a non-revolving credit line with limited amount of EUR 44 mln. for 7years. Credit funds will be invested into financing of the second-phase project SEC Kontinent at Zvyozdnaya.

The new centre will be situated in Moskovskiy district of St. Petersburg nearby Zvyozdnaya metrostation at the intersection of Zvyozdnaya str. and Lensoveta str. The center is supposed to comprise a shopping gallery of clothing, footwear and accessories of top brands, multi-screen movie theatre, amusement park, ice skating and curling rinks. The complex will be equipped with built-in parking of 600 car places.

“We are proud that the first two SEC Kontinent at Stachek and at Baikonurskaya have spurted into popularity among the citizens of our city and are sure that the third complex will become a successful sequel of this project,”- told Igor Leytis, the president of the Holding Adamant. Involving of such reliable partner as VTB Bank enables us to implement a project in full and within the prescribed time limits”.

Kontinent at Zvyozdnaya is the third one in chain of popular shopping and entertainment centres Kontinent. The first two SEC Kontinent were open for visitors in 2006 and 2007 in Kirovskiy and Primorskiy districts of St. Petersburg. Construction of SEC Kontinent at Zvyozdnaya of 65 thousand sq.m area is set to be finished in the third quarter of 2013.