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Hystead Limited

Sector: Residential • Location: Eastern Europe Subregion

Source: International Finance Corporation (IFC)

Project
Completed
    The proposed Project consists of providing an IFC A Loan of up to EUR60 million and a parallel loan of up to EUR45 million, mobilized by IFC, to support the expansion of Hyprop Investments Limited (South Africa) and PDI Investments Limited (Mauritius), into Central and Eastern Europe (CEE) following their acquisition of three operating shopping mal

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Project Information

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The project “Hystead Limited” is an infrastructure initiative in the Residential sector, located in Eastern Europe Subregion. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

Sponsoring Agency

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Company

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Status

Original status

completed

Taiyo status

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Taiyo last update

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Available timestamps

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Contact

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Email

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Address

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Description

Description

The proposed Project consists of providing an IFC A Loan of up to EUR60 million and a parallel loan of up to EUR45 million, mobilized by IFC, to support the expansion of Hyprop Investments Limited (South Africa) and PDI Investments Limited (Mauritius), into Central and Eastern Europe (CEE) following their acquisition of three operating shopping malls in Belgrade, Serbia; Podgorica, Montenegro; and Skopje, FYR Macedonia.  The proposed investments shall be used to refinance existing debt of the mall entities and therefore provide a more sustainable capital structure, and to finance the upgrade and/or expansion of the malls. The malls are each owned by locally incorporated private companies that are 100% subsidiaries of Hystead Limited, UK ("Hystead" or the "Company”).                                                

Original sub-sector

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Original Currency

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Original budget

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Location

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Source

Source reliability

High

Data quality score

100%

Source

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URL

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More Details

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Article Published Date

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