15 DEC, 2014
m² HAS PAID OFF THE IFC FUNDING

m² has announced the repayment of the loan obtained from the International Financial Corporation (IFC) ahead of the schedule. Last year, IFC allocated a USD 14 million revolving credit line to m², out of which only USD 5 million was used. Excess liquidity and high speed of sales enabled the company to repay USD 5 million ahead of the schedule.
From the very first day that m² appeared on the real estate market, the company has been actively cooperating with international financial institutions and has obtained funding due to its credibility and sustainability. All construction projects of m² are funded from such international financial institutions as: Government of Canada, International Financial Corporation (IFC) and Dutch Development Bank (FMO).