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Megalogix Rostov

Sector: Raw Materials • Location: Russian Federation

Source: International Finance Corporation (IFC)

Project
Completed

The proposed project involves the refinancing and placing into full operation a newly constructed Class A warehousing facility of approximately 100,000 square meter (“sqm”) leasable space in the city of Rostov on Don (“Rostov”), Russian Federation. The project is being developed by Raven Russia Limited (“Raven Russia”), and implemented through Logopark Don LLC (“the Borrower”), set up in December

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Project Information

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The project “Megalogix Rostov” is an infrastructure initiative in the Raw Materials sector, located in Russian Federation. Taiyo aggregates data on it from International Finance Corporation (IFC).

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Participants

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Status

Original status

completed

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Description

Description

The proposed project involves the refinancing and placing into full operation a newly constructed Class A warehousing facility of approximately 100,000 square meter (“sqm”) leasable space in the city of Rostov on Don (“Rostov”), Russian Federation. The project is being developed by Raven Russia Limited (“Raven Russia”), and implemented through Logopark Don LLC (“the Borrower”), set up in December 2006 as a 100% greenfield subsidiary of Raven Russia. Rostov, a frontier region of Russia with per capita income of less than half of national average, is faced with significant shortage of quality warehousing facilities in the medium term. The project will address the imbalance between demand and supply of quality warehouse space in the Rostov region, and is also aligned with Raven Russia’s overall strategy to consolidate its position as the leading warehousing service provider in Russia.

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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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