TMM gets full financing for Sonyachna Brama stage 1

TMM Real Estate (FSE: TR61 GR) announced yesterday in a press release that state-owned Oshchadbank is continuing to finance it with UAH 150 in credit lines for work on its Sonyachna Brama residential & office complex in Kyiv. TMM said these funds fully cover its financing requirements for the first stage of the project, which it expects to commission in 4Q10. Sonyachna Brama is TMM’s largest project under construction. It includes 16 buildings: 14 residential and two office centers; the complex’s total area is 234 ths m2.