REDSTONE

REDSTONE, a privately-held Cypriot company, is a major real estate developer in Bulgaria, Ukraine, and Russia. REDSTONE develops and manages a diversified portfolio of over one million sqm. of high-quality residential and commercial real estate assets.

REDSTONE's experienced management team is dedicated to enhancing shareholders' value by sourcing unique real estate opportunities supported by a tailored-made financing. REDSTONE operates through extensive local management teams, who manage REDSTONE's projects on a daily basis, with strong local insight.

REDSTONE relies on its founders' extensive experience and knowledge of CEE and CIS markets. In March 2007, Bregal Capital (formerly known as Englefield Capital), a UK-based private equity fund with €1.8 billion under management, became a major shareholder.

With a clear focus and a set strategy, REDSTONE is determined to significantly expand its investment portfolio, and become a leading global real estate player in Central Eastern Europe.

24/09/2009

Redstone acquired the additional 50% of the Panorama Project, thus Redstone is the sole owner of the Panorama Project.

06/10/2008

Redstone signed a $41 million financing agreement with the Dutch Entrepreneurial Development Bank ("FMO"). The financing is an Interest bearing facility with a conversion option. The facility aims to finance projects in Russia and Ukraine for residential and commercial properties.

07/08/2008

REDSTONE sold the Leninsky business center; the sale yielded approximately a 100% return. The Leninsky business center was acquired in February, 2008.

07/08/2008

REDSTONE acquired a plot of land 2.5 km. from the center of Lviv . The company is planning to develop and build a business center of approximately 31,000 sq.m. The population of Lviv is approximately 900,000 residents.

05/08/2008

REDSTONE acquired 50% of a Russian real estate portfolio, most of the assets of which are located in the Moscow region, in Shelkovo and Zelenograd. The portfolio includes two residential projects, two sport centers, and a shopping mall. The diversified portfolio includes a vast range of assets from properties already yielding income to those in the early stages of development.

10/07/2008

REDSTONE acquired a 15,000 sq.m. plot of land, 2 km. from the center of Lviv. The company is planning to develop a mixed-use complex, including a shopping mall and a hotel of approximately 47,000 sq.m. Lviv has a population of approximately 900,000 residents, with a project catchment area of 300,000.

15/12/2007

REDSTONE acquired a 7,000 sq.m. plot of land in Sofia, Bulgaria, for the purpose of developing a residential project, 35,000 sq.m. in scope.

01/12/2007

REDSTONE acquired a 3,000 sq.m. plot of land in Varna, Bulgaria for the purpose of developing 6,000 sq.m. residential project.

01/11/2007

REDSTONE completed the secondary placement of €35 million, from existing shareholders.

15/10/2007

REDSTONE acquired 17,000 sq.m. of land in Blagoevgrad, for the purpose of building a commercial center of approximately 20,000 sq.m.

15/03/2007

REDSTONE raises €28 million from the UK-based private equity group, Englefield Capital LLP.

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