Carphathian agrees refinancing of EUR 109m Riga mall

AIM-listed CEE commercial property investor Carpathian has been granted refinancing to complete construction of its landmark retail development project in the Latvian capital of Riga. 'Following extensive negotiations, a revised agreement has been finalised with the co-owner and development partner, Titan Invest and the senior lender, Nordea,' the company said in a statement.

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