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13 February 2012

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Russia's Ramo stops $750m Krasnodar housing complex

Local Russian developer Ramo has halted a $750m project to build the residential complex Alexandrovsky Sad in Krasnodar in the south of the European part of the country near the Caspian sea, since a loan from Sberbank failed to materialise. (See upcoming PIE Editions for full story)

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