NOVOTEL PROJECT,UKRAINE
Ukraine | Real Estate- Identification Code:
- OP/20/0002
- Total Operation Cost:
- 14.000.000 EUR
- Maturity:
- 120 months
- Operation Status:
-
BSTDB Approved Amount – Approval Date8.000.000 EUR – 02 Dec 2021
-
BSTDB Signed Amount – Signed Date8.000.000 EUR – 12 Dec 2022
-
Status:Active
- Description and Purpose of the Operation:
- —
- Countries of Operation:
- Ukraine (100,00%)
- Financial Product:
- Loans
- Sector:
- Real Estate
- Domain:
- Private
- Borrower/Client:
- Tsentr Rozvytku Nerukhomosti Ltd. (SPV), Ukraine
- Co-Financers/Participants:
- Equity financing
- Guarantors/Sponsors:
- Holding company of Galnaftogaz Group
- Developmental and Regional Cooperation Impact:
- The Bank’s financing will support a construction of 4-star hotel in Lviv, Ukraine, that will have a positive development impact on the tourist sector of the city, create jobs, improve urban landscape and access to the heritage of Lviv city.
- Environmental Classification and Impact:
- The operation has been assigned E&S Category B. Construction and operation of the hotel downtown Lviv is associated with limited E&S impacts, which can be readily mitigated and/or avoided by adhering to generally accepted performance standards, guidelines and design criteria for construction and operation of hospitality and recreational buildings.
- Operation Leader:
- General Industries, Transport, Tourism 1
- E-mail:
- gitt1@bstdb.org
As of 28 Feb 2026
