Hypo Real Estate Bank International has provided a EUR 145 mln financing facility to RosEvroDevelopment in relation to the Krekshino Logistics Park in Moscow. The transaction was completed on 22 October 2007. The construction and investment financing facility will assist with phases 2 and 3 of the Krekshino Logistics Park in the Narofominsk District of Moscow. The development comprises of 5 separate Class A warehouse facilities with the total area of 240,000 m[sup]2[/sup].