Sberbank provides Wainbridge with ₽3,6bn for the construction of a new tower at the AQUATORIA project

9 March 2021 Moscow, Russia
Sberbank provides Wainbridge with ₽3,6bn for the construction of a new tower at the AQUATORIA project
Sberbank and SberInvest have provided Wainbridge, International real estate developer, with ₽3,6bn under lending program, the amount of ₽2,6bn — for the construction of a new tower at AQUATORIA — residential multifunctional complex on Leningradskoye Highway, ₽1bn — for mezzanine financing.

The new building is the fifth residential building of the project that will comprise 20 storeys of flats in the first line of the Moscow Canal with its own embankment. The residential area will comprise 204 apartments — 16 723 square meters; and be connected with other towers through stylobate with two-level underground parking. With the new tower AQUATORIA will offer 851 flats in total.

Oscar Racine
Vice President of Sberbank CIB’s Merchant Banking Department,
Chairman of the Board of Directors of Sberbank Investments LLC

We are glad to continue our work on the project with Wainbridge, they are truly unique in this real estate sector in Moscow. SberInvest has been expanding their presence in the investment real estate market since 2018 and offering their clients a full range of financial solutions, including mezzanine financing, Project Bridge loan program and participation interest. The partnership with Wainbridge has leveled up — this proves that SberInvest and Sberbank satisfy their customers’ needs at every stage of project realization.

Babür Diker
General Director of Wainbridge Russia

Sberbank started financing AQUATORIA in 2019, two years later we can proudly say that the project has satisfied all expectations and even surpassed them becoming the most invest-attractive development in the business-class property segment. By now Wainbridge has initiated the construction of the last residential tower in the project. We are glad we have such great support by our financial partner — Sberbank. New financing line will become the best guarantee of the developer’s sustainability and financial stability.

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