The Ukrainian property developer XXI Century has frozen all its projects and is looking for additional financing in an attempt to attract strategic partners to co-finance or sell a share in its projects. The company considers collaboration with domestic or foreign developers, financial institutions and even private equities. The terms for attracting investment include project financing and lending, as well as the sale of shares in the projects. The company does not plan to begin building new facilities until 2010 and currently focuses on restructuring its debts.
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Construction Russia Online is the authoritative source of market intelligence for construction professionals. Reporting on news from the Russian construction market, including contractors & developers, building materials, real estate, planned investments and Ukraine construction market, this news service offers approx. 100 industry news items and features each month. Archives date from 2006, with articles covering both residential and non-residential developments, as well as civil projects.
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