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17.01.2008 TKS Decides To Boost Real Estate Objects Financing By 20% To USD 120 Million In 2008
Truskavets-based TSK Developer Holding Company, Lviv region, has decided to boost real estate objects financing by 20% or USD 20 million, to USD 120 million in 2008.
Press service of the company disclosed this to Ukrainian News.
The company plans to build in 2008 real estate objects of total area 100,000 square meters.
According to project portfolio, about 30% of all objects comprises residential real estate, the rest - commercial real estate.
As Ukrainian News earlier reported, TSK intends to invest USD 100 million in real estate objects in the west of Ukraine in 2008.
In 2008, the company is to start the realization of three projects, including a joint project with the French retailer Auchan and two project of commercial real estate.
The total area if the object will be over 100,000 square meters.
Torskyi said that the company would earn over USD 25 million in 2009 from the rent of existing objects and new objects.
Founded in 1998, TKS holding company operates on the trading market.
It became engaged in construction and development of commercial and residential real estate in 2004.
Sourse: ukranews.ua
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